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Judge imposes $450,000 penalty against Australian Mines
Energy & Natural Resources 2023-01-13 3:49 pm By Cat Fredenburgh

A judge has approved a $450,000 penalty against Australian Mines in ASIC proceedings brought after its managing director was allegedly caught lying at an investment […]

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Nuix says it didn’t have to disclose $17M post-IPO shortfall to investors
Securities 2023-01-11 10:15 pm By Sam Matthews

Hitting back at ASIC’s claims it misled investors and breached disclosure rules, technology company Nuix says it had no knowledge it was failing to meet […]

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Late judgment in ASIC case derails Quintis class action trial date
Class Actions 2023-01-11 5:01 pm By Cat Fredenburgh

A judge has vacated an upcoming trial in shareholder class actions against former Quintis director Frank Wilson and Ernst & Young, after learning judgment in […]

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Rejected costs report in Woolworths class action got proportionality wrong, judge says
Class Actions 2023-01-10 11:02 pm By Sam Matthews

A costs report in a settled class action against Woolworths that recommended almost $800,000 in legal fee deductions failed to wrestle with a key factor […]

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Judge sprays Shine’s ‘left field’ bid to kick rival off Blue Sky, EY class action
Class Actions 2022-12-21 4:24 pm By Sam Matthews

A judge has rejected Shine Lawyers’ second bid to challenge a court order that it join forces with rival Banton Group in an investor class […]

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‘Disastrous’ GetSwift class action settlement revised down to $1M
Class Actions 2022-12-20 4:47 pm By Cat Fredenburgh

A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and […]

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AVZ Minerals may face class action over lithium project disclosures
Securities 2022-12-20 9:52 pm By Cat Fredenburgh

Lithium prospecting  company AVZ Minerals is facing a potential class action for allegedly misleading shareholders about its ownership rights to its flagship lithium project in […]

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Shine stuck running Blue Sky, EY class action with rival firm
Securities 2022-12-19 5:32 pm By Cindy Cameronne

A law firm has lost its bid to challenge a court order that it join forces with a competing firm in an investor class action […]

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Group members guaranteed 72.5% cut in Crown Resorts class action
Class Actions 2022-12-19 12:04 pm By Sam Matthews

A judge has approved a group costs order with a tiered contingency fee that will guarantee group members at least 72.5 per cent of any […]

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Like CFOs of yore, class action beauty parades push down law firms’ GCO profits
Analysis 2022-12-13 2:10 pm By Christine Caulfield

A recent ruling cutting the contingency fee sought by a plaintiff law firm shows competition to run class actions will drive down the percentage payout […]

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