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Gadens to run consolidated Quintis class action, court hears
Class Actions December 10, 2018 1:13 pm By Miklos Bolza

A shareholder class action led by Bannister Law against sandalwood oil producer Quintis will be absorbed by rival law firm Gadens in a consolidation agreement […]

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Slater & Gordon looks to bow out of AMP class action beauty parade
Class Actions December 7, 2018 9:55 pm By Miklos Bolza and Christine Caulfield

And then there were four. Plaintiffs law firm Slater & Gordon wants to consolidate its AMP shareholder class action with Maurice Blackburn’s case and hand over the reins to its rival, a deal signed the day the Full Federal Court affirmed the power of judges to shut down competing class actions.

As AMP royal commission witness retires, class action parade begins
Class Actions December 5, 2018 10:35 pm By Christine Caulfield

AMP’s advice executive Jack Regan, the witness who aired the firm’s fees-for-no-service dirty laundry at the Royal Commission, has retired, a day before five law […]

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ASIC filing puts spotlight on ANZ treasurer in $2.5B capital raising case
Securities December 5, 2018 10:50 pm By Christine Caulfield

ANZ treasurer Rick Moscati was at the centre of a flurry of phone calls and meetings with underwriters and other bank executives on the day […]

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Ernst & Young says previous Quintis auditor should share any blame
Class Actions December 3, 2018 11:08 pm By Christine Caulfield

Accounting giant Ernst & Young, which is accused in a class action of misleading and deceptive conduct in signing off on the 2015 and 2016 […]

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MacMahon shareholders to get 36% of $6.7M class action settlement
Energy & Natural Resources November 30, 2018 10:13 pm By Christine Caulfield

Shareholders who registered for a class action against mining company MacMahon Holdings will get a $2.4 million cut of a proposed $6.7 million settlement, according […]

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Shareholder cases account for 50% of new class actions, report says
Class Actions November 30, 2018 10:50 pm By Christine Caulfield

Shareholder cases made up half of all class actions filed in the past two years, and are to blame for an “unprecedented spike” in class […]

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Funders’ cut won’t exceed 25% in Spotless class action
Class Actions November 27, 2018 3:45 pm By Christine Caulfield

The two funders paying for a shareholder class action against facility services company Spotless Group want 25 percent of any net settlement or judgment in […]

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Quinn’s fees, funder’s cut slashed in Bank of Queensland class action settlement
Class Actions November 26, 2018 10:47 pm By Cat Fredenburgh

A judge has taken a hatchet to Quinn Emanuel’s fees and the funder’s cut in a $12 million settlement of a class action against Bank […]

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Law firm calls for scrutiny of short sellers in class actions
Class Actions November 23, 2018 2:50 pm By Christine Caulfield

A leading law firm has called for a closer look at the increasing involvement of short sellers in shareholder class actions, saying any review that […]

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