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Cross claims against Deloitte dropped in Dick Smith class actions
Accounting giant Deloitte Touche Tohmatsu will not face cross claims over the collapse of failed retailer Dick Smith when a hearing of three shareholder class actions kicks off in three months.
Funder’s cut, legal fees face scrutiny in second Murray Goulburn class action
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 funder behind the first action.
Bellamy’s to pay $49.7M to settle shareholder class actions
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 China growth strategy and declining infant formula market share in Australia.
Westpac responds to class action, says members benefited from ‘high’ super fees
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 received numerous positive benefits in exchange for the charges.
Judge to look at legal costs in stolen wages class action
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 to next month after a judge appointed a referee to scrutinise the fees charged by the law firm behind the case.
‘The well has run dry’: Judge shoots down class action bid for internal Ford reports
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, saying that after multiple delays in the case "the well has run dry".
ANZ, Westpac to face class actions over ‘junk’ insurance
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 junk insurance class action against the National Australia Bank.
Judge joins two Lendlease class actions, wants one law firm to bow out
A judge has consolidated competing shareholder class actions against builder Lendlease brought by rival plaintiffs law firms, but has rejected the firms' bid to jointly run the litigation and says one of them must go.
Robodebt class action filed as DHS drops key plank of debt recovery scheme
A class action against the Federal Government alleging its Centrelink robodebt scheme is illegal was filed this week, as the Department of Human Services announced it would halt recovery of most debts under the scheme.
Full Federal Court gets chance to weigh in on market-based causation
Shareholders have appealed a ruling that found a "serious problem" with market-based causation and dismissed three cases against the liquidator of failed global financial services firm Babcock & Brown.