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Stock exchange must hand over docs after investment firm’s suspension
Securities July 29, 2019 10:41 pm By Cat Fredenburgh

A judge has given the all-clear to an investment management company to access evidence for potential legal action against the National Stock Exchange of Australia […]

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$27M Fitch class action settlement approved after scolding by judge
Class Actions July 25, 2019 7:10 pm By Amelia Birnie

Group members in the Fitch Ratings class action have recovered almost 95 per cent of their losses in a $27 million settlement, which was narrowly […]

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Forge reaches multimillion dollar settlement in shareholder class action
Class Actions July 25, 2019 1:24 pm By Christine Caulfield

Collapsed engineering and construction company Forge Group has agreed to settle a shareholder class action over alleged continuous disclosure breaches, which will see the funder […]

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Iluka threatens class action dismissal bid amid ongoing funding concerns
Class Actions July 24, 2019 9:19 pm By Amelia Birnie

Mineral sands producer Iluka Resources is threatening a dismissal bid in a shareholder class action it has spent $2 million fighting over the past year, […]

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Lendlease faces second shareholder class action after $350M writedown
Class Actions July 23, 2019 11:17 pm By Cat Fredenburgh

Construction giant Lendlease faces a second shareholder class action over market disclosures relating to its underperforming engineering division, and joining the case is one of […]

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ASIC takes shipbuilder Austal to court over legal privilege claims amid probe
Securities July 22, 2019 10:25 pm By Christine Caulfield

Defence shipbuilder Austal faces legal action by the corporate regulator challenging claims of privilege over documents sought as part of a probe into disclosures linked […]

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Judge refuses ‘queue jumping’ request in Sirtex CEO insider trading case
White Collar July 19, 2019 1:12 pm By Miklos Bolza

An application by the former boss of Sirtex Medical for a sentencing date in the insider trading case against him has raised the ire of […]

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Aged care provider Estia Health hit with shareholder class action
Class Actions July 17, 2019 2:09 pm By Amelia Birnie

Residential aged care provider Estia Health says it will “vigorously defend” a class action filed by Phi Finney McDonald on behalf of shareholders who allege […]

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Judge ‘troubled’ by bid to extend class closure order in UGL shareholder action
Class Actions July 15, 2019 10:26 pm By Christine Caulfield

A judge overseeing a class action against engineering company UGL has agreed to extend a class closure order to give the parties a second chance […]

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Former Dick Smith execs may seek to vacate trial date if cross claims filed
Class Actions July 12, 2019 9:18 pm By Amelia Birnie

Two former executives of Dick Smith may seek to vacate an upcoming trial date for two class actions against the failed retailer, after recently being […]

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