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Shareholders in a class action against Sirtex have secured an order forcing the life sciences company to notify them of any plan that would see its $128 million in liquid assets drop below $80 million.
The funder underwriting a class action against Westpac will take a 25 percent cut of the net -- not gross -- recovery sum to secure a judge's approval of a common fund order in the case.
A judge has rejected an application by biotech company Sirtex Medical to limit a class action to shareholders who register as group members in the next month, saying a class-closure order could dramatically cut down on the size of the class.
The former CEO of biotech company Sirtex Medical has been charged with insider trading.
A landmark ruling that transferred four competing federal class actions against AMP to state court will stand, with the law firms behind the cases opting out of a fight in the High Court.
BHP Billiton has been hit with a third class action in Australia over the 2015 dam failure at its Samarco mine in Brazil, and the lead applicant in the latest case -- one of the biggest pension funds in the US -- has a lot at stake.
A Federal Court judge has shot down an eleventh hour bid by unpaid vendors of collapsed auction house Mossgreen for discovery to see if they have a claim against the company, including a possible class action claim.
A judge has shot down a last minute bid by an insurance brokerage facing a cross claim in a class action over failed debenture issuer Provident Capital to retract an admission in its defence ahead of trial next month.
The judge presiding over two shareholder class actions against Murray Goulburn indicated Friday he would likely let both cases proceed jointly to a trial in 2020.
Bannister Law has dropped its investigation of a possible class action against the makers of Banana Boat aerosol sunscreen, which faced numerous complaints by consumers who claimed they were burned while using the spray-on sunblock