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With class actions likely, Westpac gives share purchasers a way out
Financial Services November 28, 2019 11:34 pm By Cat Fredenburgh

Embattled banking giant Westpac may be seeking to limit its potential liability in any shareholder class actions it may face in the wake of AUSTRAC’s […]

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Firms will seek up to $6M at SurfStitch class action settlement hearing
Class Actions November 28, 2019 4:03 pm By Miklos Bolza

The funders behind two shareholder class actions against online fashion retailer Surfstitch Group will seek a commission of up to 30 per cent while the […]

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Cross claims against Deloitte dropped in Dick Smith class actions
Class Actions November 28, 2019 12:29 pm By Miklos Bolza

Accounting giant Deloitte Touche Tohmatsu has dodged select cross-claims over the collapse of failed retailer Dick Smith ahead of a hearing of three shareholder class […]

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Bellamy’s to pay $49.7M to settle shareholder class actions
Class Actions November 27, 2019 10:05 pm By Cat Fredenburgh

Infant food maker Bellamy’s has agreed to pay $49.7 million to settle two shareholder class actions alleging the company misled investors in 2016 about its […]

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Funder’s cut, legal fees face scrutiny in second Murray Goulburn class action
Class Actions November 27, 2019 11:11 pm By Christine Caulfield

The litigation funder financing the second of two recently settled shareholder class actions against Murray Goulburn will face similar scrutiny over its commission as the […]

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Westpac responds to class action, says members benefited from ‘high’ super fees
Class Actions November 26, 2019 2:47 pm By Miklos Bolza

Two Westpac units have defended their choice to charge higher superannuation fees, saying in their responses to a Slater and Gordon class action that customers […]

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Funder investigates combustible cladding class action in NZ
Class Actions November 25, 2019 2:08 pm By Hannah Gee

Manufacturers of PE core cladding face a third class action bankrolled by litigation funder IMF Bentham, this time in New Zealand, and the funder says […]

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‘The well has run dry’: Judge shoots down class action bid for internal Ford reports
Class Actions November 22, 2019 10:07 pm By Cat Fredenburgh

The judge overseeing a class action against car maker Ford over its allegedly defective PowerShift transmission has shot down the applicant’s request for additional discovery, […]

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ANZ, Westpac to face class actions over ‘junk’ insurance
Class Actions November 22, 2019 8:44 am By Cat Fredenburgh

Slater and Gordon is planning class actions against ANZ and Westpac over allegedly worthless insurance, fresh off of winning a $49.5 million settlement in a […]

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Judge to look at legal costs in stolen wages class action
Class Actions November 22, 2019 10:20 pm By Christine Caulfield

A hearing for approval of a $190 million settlement in a historic class action over unpaid wages to thousands of Indigenous workers has been adjourned […]

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