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Iluka Resources hit with shareholder class action
Energy & Natural Resources 2018-04-26 2:52 pm By Cat Fredenburgh

Mining company Iluka Resources has been hit with a shareholder class action alleging it breached its continuous disclosure obligations regarding its zircon sales.

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GetSwift judge proposes ‘bill of peace’ for rival shareholder actions
Class Actions 2018-04-24 10:15 pm By Miklos Bolza

The judge presiding over jostling shareholder class actions against logistics software company GetSwift suggested on Tuesday a “bill of peace” to join the actions, but lawyers leading the competing cases warned of the “economic hazard” of a merger.

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Brambles faces 2nd potential class action over rosy forecasts
Securities 2018-04-24 11:24 am By Christine Caulfield

Class action firm Slater & Gordon is preparing an investor class action against logistics company Brambles over alleged misstatements about revenue and sales growth for the 2017 financial year.

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Clouds build as AMP faces three potential shareholder class actions
Class Actions 2018-04-23 6:06 pm By Miklos Bolza

Business litigation firm Quinn Emanuel Urquhart & Sullivan is examining a possible shareholder class action against AMP after the Royal Commission exposed damning revelations concerning the financial giant.

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Malaysia Airlines settles 2 cases over crash
Product Liability 2018-04-20 7:49 pm By Cat Fredenburgh

Malaysia Airlines has reached agreements to end two cases in Australia brought by families of people who died when a Malaysia Airlines plane was shot down by a missile over Ukraine in 2014.

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“I’m at the end of my tether”: Ford class action judge vents
Class Actions 2018-04-19 7:54 pm By Miklos Bolza

A Federal Court judge has criticised the lack of progress in a major class action brought against Ford Australia, telling the applicant’s barrister to “get his act together”.

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Judge OKs class settlement with Wickham Securities’ trustee
Securities 2018-04-18 10:58 pm By Cat Fredenburgh

A judge has signed off on a multi-million dollar settlement in a class action by retirees who claim they lost $27 million with the collapse of property lender Wickham Securities

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S&P analysts take stand in class action trial
Class Actions 2018-04-17 8:07 pm By Miklos Bolza

Two high ranking analysts from S&P Global have distanced themselves from the decision making process at the heart of a class action over toxic financial products given healthy ratings by the agency ahead of the global financial crisis.

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Quinn Emanuel looking at class action against insurer JLT
Class Actions 2018-04-16 3:32 pm By Cat Fredenburgh

Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.

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At S&P class action trial, city treasurer accused of being ‘careless’
Class Actions 2018-04-14 1:38 pm By Christine Caulfield

A former treasurer for Coffs Harbour City Council was “careless” for not analysing the financial products he invested millions of dollars of the city’s funds into, a lawyer for ANZ said last week at a class action trial against the bank and US ratings agency S&P Global.

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