A judge has approved a $5 million settlement in a false imprisonment class action against the state of Victoria on behalf of residents of nine public housing towers over COVID-19 lockdowns, despite noting it “falls towards the lower end of the spectrum”.
Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the accounting firm unsuccessfully fought to shield its audit reports.
A class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship has defeated the cruise operator’s second strike out bid, with a judge saying the failure to identify what exactly went wrong “may not be fatal” to the case.
Noumi has admitted in a case by ASIC to breaching its continuous disclosure obligations by overstating the value of its inventory and failing to give a true and fair view of the company’s financial position.
A judge who previously described as a “schemozzle” a law firm’s attempt to drop a class action over Telstra’s COVID-19 vaccine policy has refused a bid to keep secret Clive Palmer’s involvement as funder of the aborted litigation.
IG Markets has been hit with a second class action for offering “highly risky and unsuitable financial products” to retail investors, with a third competing proceeding in the works.
A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management.
Boutique law firm William Roberts has lured Omni Bridgeway’s former managing director for Asia Pacific to grow its litigation team.
A judge has refused a lead applicant’s novel bid for financial information to use at settlement discussions in a group proceeding against Dixon Advisory.
Junior doctors have notched an important victory in a class action alleging Peninsula Health failed to pay overtime hours, with a judge finding the healthcare provider liable to pay for overtime that was not expressly authorised.