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$25M settlement reached in Dick Smith class actions
Class Actions 2021-01-22 11:50 am By Cat Fredenburgh

A $25 million settlement has been reached in three long-running shareholder class actions over the collapse of electronics retailer Dick Smith, under which the funders […]

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Standard Chartered unit wins $42.2M in securities dispute with Energy World
Energy & Natural Resources 2021-01-21 11:46 am By Miklos Bolza

A unit of Standard Chartered Bank has prevailed in a securities spat with Energy World Corporation, which has been ordered to approve a $64.4 million note transfer and pay $42.2 million to the Singapore-based bank.

$100M Woolworths shareholder class action set for February hearing
Class Actions 2021-01-20 3:31 pm By Miklos Bolza

Trial is set to begin February 2 in a $100 million shareholder class action against Woolworths over a February 2015 profit downgrade that allegedly led […]

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Daughter of property data pioneer Ray Catelan prevails in fight over Excelsior shares
Securities 2021-01-15 5:17 pm By Spencer Fowler Steen

The daughter of property data pioneer Ray Catelan has won a legal fight with Excelsior shareholders over claims she acquired a controlling share of the […]

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Top 10 class action settlements of 2020
Analysis 2021-01-12 10:46 pm By Spencer Fowler Steen

Payouts in class actions in 2020 largely kept pace with the previous year despite the financial strain of the COVID-19 pandemic, with companies and other […]

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GetSwift’s move to Canada wins court, FIRB approval after fierce opposition by ASIC
Securities 2021-01-08 9:21 pm By Miklos Bolza

Last-mile logistics software company GetSwift has ceased trading on the ASX after its relocation to Canada got the greenlight by the Federal Court and FIRB […]

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Group members will get about half of $50M Vocation class action settlement
Class Actions 2020-12-18 2:37 pm By Cat Fredenburgh

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running […]

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Maurice Blackburn did not breach obligations in TWE class action, Full Court finds
Appeals 2020-12-17 4:55 pm By Miklos Bolza

The Full Federal Court has tossed an appeal by Treasury Wine Estates claiming that Maurice Blackburn and barrister Guy Donnellan breached their obligations in preparing […]

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Law firm to expand Crown shareholder class action on back of gaming authority report
Class Actions 2020-12-17 3:21 pm By Miklos Bolza

Three days after launching a class action against Crown Resorts over potential anti-money laundering breaches revealed at a NSW gaming authority inquiry, Maurice Blackburn has […]

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All judge wants for Christmas is IOOF class action evidence
Class Actions 2020-12-16 4:39 pm By Miklos Bolza

A Federal Court judge taking over a shareholder class action against IOOF Holdings from a recent High Court appointment has lamented the lack of progress […]

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