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Last year saw the lowest number of class action filings since 2016, but approved settlements reached the second-highest total ever, according to a recent law firm report.
A class action over the government's 2011 live exports ban will go to a referee for determining how the 88,000 cattle that would have been exported should be allocated, despite the class action's claim this was part of the government's plan to declass the proceeding.
On his fourth day giving evidence in a shareholder class action trial, Arrium’s former CEO has denied that the company relied on overly optimistic assumptions when making forecasts about its business, despite a history of missed targets.
A class action over the fuel efficiency of thousands of Mitsubishi Triton vehicles can add a new claim over alleged misleading testing, despite the car maker's argument that it has no reasonable chance of succeeding.
Facing cross-examination in a shareholder class action over Nuix's allegedly misleading IPO prospectus, a senior Macquarie executive has testified that he was comforted by two US law firms' finding that there was nothing untrue in the document.
A class action over Victoria's hotel quarantine debacle that settled for $125 million will seek a record $37.5 million cut for law firm Quinn Emanuel and $250,000 payment for the lead applicant, which was subjected to "public ridicule and hatred" during the matter.
The Victorian government has told the High Court it had no obligation to act with procedural fairness when it decided to demolish inner-city public housing towers in Melbourne, as it fights a class action’s appeal.
A massive dip in the price of iron ore in 2014 did not ring alarm bells for failed Arrium's then CEO, a court has heard, with the former boss denying that a capital raising that year was an urgent measure in the face of the potentially 'catastrophic' drop.
A shareholder class action against Nuix and underwriter Macquarie over the software company's float on the ASX has trimmed its case against the company's former chairman the third week into trial.
The plaintiff in a class action on behalf of Sydney homeowners who allege their homes are sinking into the ground has flagged a potential fight over the funder’s cut and legal fees to be deducted from an $18 million settlement.