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Mesoblast has agreed to settle a shareholder class action centred on statements to the market about its Remestemcel-L treatment, resolving claims it misrepresented the efficacy of the therapy for COVID-19 patients.
Almost 7,000 taxi drivers who did not sign up to two class actions against Uber by the deadline are asking the court for a cut of a $272 million settlement, with a judge questioning what she “unleashed” when sending out the notice of settlement.
The federal government has agreed to pay up to $202 million to settle a class action on behalf of First Nations people in the Northern Territory who were allegedly denied wages owed for work performed over a nearly 40-year period.
Domino’s has been stung with shareholder class action accusing the pizza giant of misleading the market about its expected performance in Japan.
A Sydney law firm has filed a class action accusing private equity-owned medical device maker Exactech of supplying faulty joint implants that were subject to deterioration due to a packaging defect, caused serious medical complications in patients.
A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
The peak body for community legal centres has flagged a declassing application in a group proceeding alleging Knowmore Legal Service provided negligent, “cookie cutter” advice to survivors of institutional child sexual abuse.
Whitehaven Coal has struck back at a class action led by the father of famed mining investor Nathan Tinkler, calling the claims that it failed to fulfil an implied term of a $150 million share subscription from 2012 "fanciful".
Shareholders in Whitehaven Coal who helped inject $150 million of capital during a 2012 merger are "trapped" after the ASX-listed coal producer failed to abide by its side of the deal, a class action funded by mining investor Nathan Tinkler has alleged on the first day of trial.
A disputes partner has departed Gilbert + Tobin, taking with him two high-stakes class actions against Toyota and Jaguar over alleged diesel filter defects and the firm says it will not focus on bringing more class actions.