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Top 10 class action settlements of 2025
Class action settlements hit major milestones last year, with the year’s largest settlements totalling $1.6 billion and one case resolving for a historic $548.5 million.
Cudeco class action judge ‘extremely concerned’ about evidence delays
Pointing to a pattern of non-compliance with his orders, a judge hearing a shareholder class action over the collapse of mining company Cudeco has expressed concerns about “significant" delays in the case.
$583M Blue Sky class action can bring insider trading claims
A judge has allowed a shareholder class action over the collapse of asset manager Blue Sky to bring insider trading claims against several short sellers, as well as brokers Credit Suisse and Argonaut Securities. 
Leaders of Telegram ‘pump and dump’ scheme sentenced
Four people who operated an illegal 'pump and dump' scheme through the Telegram app have been convicted and sentenced to terms of imprisonment via intensive correction orders.
Blockchain mining firm NGS wound up for ‘blatant’ contraventions
A court has ordered the winding up of blockchain mining firm NGS Group and related companies, finding they operated in "blatant" violation of the Corporations Act.
Judge ‘very uncomfortable’ with funder’s novel costs bid in KPMG class action
A judge has expressed concerns about a funder's novel application for its costs in a partially settled shareholder class action over the collapse of mining company Cudeco, saying everyone was getting a payday except group members. 
TG Metals shareholder wins bid to inspect company’s books
A shareholder of gold and lithium exploration company TG metals has won its bid to inspect the company’s books over concerns about two capital raisings that occurred within six weeks of each other. 
BHP’s $110M class action settlement OK’d, with half going to lawyers, funder
A judge has approved a $110 million settlement in a class action against BHP over the collapse of a tailings dam, and has OK'd fees and commission reducing the sum by 50 per cent, despite concerns the costs were excessive.
SkyCity shareholder can’t bring action over $67M AUSTRAC penalty
A SkyCity shareholder has lost his bid to bring a case against former executives and directors at the ASX-listed casino seeking to recoup a $67 million penalty over breaches of money laundering regulations. 
Delta Power hits back at ASIC market manipulation case
Delta Power & Energy, the owner of the Vales Point coal-fired power station in NSW, will defend ASIC proceedings accusing it of manipulating the market for electricity futures contracts by arguing that it acted honestly.