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Woolworths bags $100M shareholder class action
Class Actions October 25, 2018 9:56 pm By Cat Fredenburgh

Woolworths has shot back at claims in a shareholder class action that it breached its continuous disclosure obligations, saying the lawsuit doesn’t allege there was […]

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Funding deals that short-change class members ‘unsustainable’, says judge
Class Actions October 22, 2018 6:38 pm By Christine Caulfield

Class action funding arrangements that siphon off large percentages for commissions and legal fees are “unsustainable”, Federal Court Justice Michael Lee said Monday. Litigation funders […]

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ASIC filing puts spotlight on ANZ treasurer in $2.5B capital raising case
Securities December 5, 2018 10:50 pm By Christine Caulfield

ANZ treasurer Rick Moscati was at the centre of a flurry of phone calls and meetings with underwriters and other bank executives on the day […]

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GetSwift ruling to offer roadmap for competing class actions
Appeals November 19, 2018 9:18 pm By Christine Caulfield

A groundbreaking judgment by the Full Federal Court over competing class actions will be handed down Tuesday morning and is expected to give judges much […]

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Quintis class action lawyers want to peek at insurance docs
Class Actions November 8, 2018 2:58 pm By Christine Caulfield

Lawyers leading a class action against Quintis want the failed sandalwood oil producer to hand over evidence of any insurance policy that could cover the […]

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MacMahon shareholders to get 36% of $6.7M class action settlement
Energy & Natural Resources November 30, 2018 10:13 pm By Christine Caulfield

Shareholders who registered for a class action against mining company MacMahon Holdings will get a $2.4 million cut of a proposed $6.7 million settlement, according […]

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ASIC strips AGM of financial services licence
Financial Services November 9, 2018 8:56 pm By Cat Fredenburgh

Retail OTC derivative issuer AGM Markets has had its financial services licence canceled, after ASIC found it engaged in unconscionable conduct and failed to manage […]

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Ashley Services class action sent back to mediation for settlement talks
Class Actions November 1, 2018 7:51 pm By Christine Caulfield

Private education provider Ashley Services may be close to settling a shareholder class action, according to a court order sending the parties in the case […]

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Ex-Sirtex CEO charged with insider trading
Securities September 26, 2018 1:24 pm By Cat Fredenburgh

The former CEO of biotech company Sirtex Medical has been charged with insider trading. Gilman Edwin Wong appeared yesterday at the Downing Central Local Court […]

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Herbert Smith Freehills wins costs against United for ‘meritless’ IPO case
Securities September 25, 2018 9:18 pm By Christine Caulfield

Herbert Smith Freehills has won a ruling that puts United Petroleum on the hook for the costs — on an indemnity basis — of the […]

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