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ISignthis may face shareholder class action over profit downgrade
Class Actions January 29, 2020 1:10 pm By Cat Fredenburgh

Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade. On December 9, ISignthis revised its FY […]

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ASIC takes further action against company that ran ‘defective’ Sterling property investment scheme
Financial Services January 24, 2020 1:55 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has suspended the Australian Financial Services licence of a Sydney-based financial services provider that ran a property investment scheme […]

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Crown wins challenge to ‘impermissible’ order letting jailed staff talk to class action firm
Class Actions January 22, 2020 3:56 pm By Miklos Bolza

Crown Resorts has successfully challenged a ruling allowing law firm Maurice Blackburn to communicate with 18 formerly jailed employees to gather evidence in its shareholder […]

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‘Worthless and unsaleable’: Accounting firm hit with class action over Guvera advice
Class Actions January 20, 2020 2:07 pm By Miklos Bolza

Shareholders of collapsed music streaming platform Guvera have filed a class action against an accounting firm seeking to recoup their losses for the firm’s alleged […]

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Surfstitch class action members may be better off bailing out of settlement
Class Actions January 15, 2020 10:28 am By Miklos Bolza

Unfunded group members in two shareholder class actions against online fashion retailer Surfstitch have been told they are likely better off to opt out of […]

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Dick Smith class actions can tweak case against Deloitte
Class Actions January 13, 2020 5:02 pm By Miklos Bolza

The lead plaintiffs in two shareholder class actions against Dick Smith can amend their case against accounting firm Deloitte, less than two months before a […]

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Top 10 class action settlements of 2019
Class Actions January 9, 2020 11:21 pm By Christine Caulfield

Companies and other defendants forked over big sums last year to settle more than 20 class actions, with a total of at least $734 million […]

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Vocus settles shareholder class action for $35M
Class Actions January 6, 2020 2:58 pm By Cat Fredenburgh

Vocus Group has agreed to settle a shareholder class action over a 2017 profit downgrade, with its insurers footing most of the bill to resolve […]

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GetSwift shareholder info should be off limits for class action bookbuilding, judge told
Class Actions December 17, 2019 8:13 pm By Christine Caulfield

Contact details of shareholders provided by GetSwift to the firm running a class action should not be used to recruit group members now that the […]

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‘Haircut’ by law firm, funder in Forge class action settlement appropriate, judge says
Class Actions December 16, 2019 6:13 pm By Christine Caulfield

A self-imposed cap on legal fees and a reduced funding cut of a $16.5 million settlement in a class action against failed construction company Forge […]

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