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Deloitte strikes back in Noumi class action over $590M write-down
Class Actions 2022-04-21 5:03 pm By Cindy Cameronne

Deloitte and Noumi, formerly known as Freedom Foods, have pointed the finger at one another in a consolidated shareholder class action, with the accounting giant […]

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Sydney-based investment firm faces racial discrimination suit
Employment 2022-04-20 1:17 pm By Sam Matthews

The top brass of Sydney-based investment firm Curve Securities have been named in a racial discrimination lawsuit filed by a former employee. Alexander Yu Chung […]

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Babcock & Brown shareholders lose bid for re-trial over judge’s ‘pernicious’ delay
High Court 2022-04-14 3:03 pm By Cindy Cameronne

The High Court has rejected a bid by shareholders of collapsed investment advisory firm Babcock & Brown for special leave to seek a re-trial of […]

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KPMG faces second class action by shareholders of collapsed mining company
Energy & Natural Resources 2022-04-11 6:42 pm By Cindy Cameronne

KPMG has again been targeted in a class action by shareholders of a defunct mining company, this time over allegedly misleading statements made by CuDeco […]

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Lawyers the only winners in Guvera class action settlement, judge says
Class Actions 2022-04-08 5:26 pm By Cindy Cameronne

A judge has approved a $155,000 settlement in a class action on behalf of investors in failed streaming platform Guvera which racked up $500,000 in […]

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Connective directors hit with indemnity costs for ‘outrageous’ conduct in shareholder stoush
Securities 2022-04-06 4:55 pm By Miklos Bolza

The directors of mortgage aggregator Connective Services have been hit with indemnity costs for their “outrageous conduct” in pursuing litigation against a company shareholder, including […]

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Victorian gambling regulator takes disciplinary action against Crown Melbourne
Gaming 2022-04-06 4:09 pm By Cindy Cameronne

The Victorian Gambling and Casino Control Commission has commenced disciplinary proceedings against Crown Melbourne after a royal commission found the casino operator enabled the illegal […]

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Treasury Wine Estates’ ‘fishing’ claim against class action firms falls flat
Class Actions 2022-04-05 4:45 pm By Cindy Cameronne

Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information […]

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Star hit with shareholder class action over money laundering compliance
Securities 2022-03-29 5:09 pm By Cat Fredenburgh

Star Entertainment Group has been hit with a shareholder class action for allegedly painting itself as the “cleanskin” of the gambling industry despite alleged lax […]

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Full Court ‘compelled’ to find class closure judgment ‘plainly wrong’
Class Actions 2022-03-28 11:06 am By Miklos Bolza

The Full Federal Court has found that a landmark NSW Court of Appeal decision barring group members from being notified of future class closure orders […]

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