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Class action giants to play nice in Brambles class actions
Class Actions January 24, 2019 12:56 pm By Christine Caulfield

Responding to a judge’s criticism of the class action “beauty parade”, two rival law firms have come up with a plan to deal with their […]

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Clive Palmer can’t shut down ASIC’s criminal case over takeover law breaches
White Collar January 23, 2019 8:42 pm By Miklos Bolza

Clive Palmer has lost a fight to stay criminal proceedings alleging his company breached takeover laws, with a judge slamming the Queensland mining tycoon’s claims […]

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Deep Investments’ case over $10M in share trading losses shut down
Financial Services January 22, 2019 1:32 pm By Miklos Bolza

An appeals court has shut down a case brought by investment adviser Deep Investments against a solicitor and six others over $10 million in alleged […]

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Amazon had no obligation to use GetSwift’s services, class action claims
Class Actions January 21, 2019 10:48 pm By Cat Fredenburgh

GetSwift failed to disclose to investors that under an agreement announced with Amazon, the e-commerce giant had no obligation to use the logistics provider for […]

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ASIC asks High Court to clarify meaning of ‘officer’
Corporate January 16, 2019 9:58 pm By Miklos Bolza

ASIC is seeking approval from the High Court to appeal a judgment that let a former director of Gold Coast finance company MFS Group partially […]

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Judge approved ‘unusual’ $36.5M class action deal because of Slater & Gordon’s ‘dire’ financials
Class Actions January 9, 2019 11:07 pm By Christine Caulfield

A judge who signed off on a contested $36.5 million settlement to resolve a $1 billion class action against Slater & Gordon has explained his […]

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JP Morgan wins bid to keep ANZ probe docs confidential
Securities January 8, 2019 9:52 pm By Cat Fredenburgh

JP Morgan, the reported whistleblower behind a criminal cartel case against ANZ, Deutsche Bank and Citigroup over a $2.5 billion share placement, has won its […]

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Judge greenlights MWL derivative suit against Focus Financial
Corporate January 7, 2019 11:42 am By Miklos Bolza

Majority shareholders in MWL Financial have won court approval to bring a derivative suit against US-based Focus Financial Partners over an acquisition gone sour. Federal […]

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Theft of Hastie audit docs from Deloitte’s litigation room ‘troubling’, judge says
Class Actions January 4, 2019 11:25 pm By Christine Caulfield

In a situation a judge has called “extraordinary and troubling”, Deloitte’s files on failed construction company Hastie — sought as evidence by shareholders in a […]

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Ashley Services settles shareholder class action over $67M loss
Class Actions January 4, 2019 11:10 pm By Christine Caulfield

A multi-million dollar settlement has been reached in a shareholder class action against private training company Ashley Services over its $67 million tumble two years […]

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