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Iluka Resources: A setback for shareholder class actions? Not so fast.
Expert Insights 2022-02-15 9:49 pm By

While the Federal Court dismissed the claims in a shareholder class action against Iluka Resouces, it would be wrong to contend, as some observers have, […]

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GetSwift class action settlement at risk as financial position in doubt
Class Actions 2022-02-14 10:20 am By Christine Caulfield

A settlement agreement in a shareholder class action against GetSwift may be scrapped as the applicant seeks more information as to whether the logistics company […]

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Iluka Resources judgment shows shareholder class actions not mere cheque writing exercise
Expert Insights 2022-02-14 4:19 pm By Editor

The Federal Court’s recent dismissal of a class action against Iluka Resources provides assurance to companies and their D&O insurers that shareholder class actions are […]

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High Court to decide if class action shareholders can publicly grill directors
Restructuring & Insolvency 2022-02-11 11:59 pm By Christine Caulfield

A case before the High Court could have major implications for company directors, giving shareholders in class actions the power to drag them before court […]

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Rio Tinto to cop penalty in ASIC case over failed $5.8B acquisition
Energy & Natural Resources 2022-02-11 11:37 pm By Cat Fredenburgh

Rio Tinto will face a penalty hearing in proceedings brought by the Australian Securities and Investments Commission alleging the mining giant misled shareholders about the […]

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ASIC drops investigation into Nuix’s IPO disclosures
Securities 2022-02-10 10:43 pm By Sam Matthews

The Australian Securities and Investments Commission has dropped its investigation into Nuix’s financial statements in the lead-up to its 2020 public float, but will continue […]

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Class action members guaranteed more than 70% in first case giving lawyers slice of the pie
Class Actions 2022-02-08 2:47 pm By Christine Caulfield

The first order allowing plaintiffs lawyers to take a cut of the proceeds of a class action will guarantee group members in a case against […]

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IOOF class action to get ASIC files on abandoned insider trading probe
ASIC 2022-02-08 4:00 pm By Sam Matthews

The corporate watchdog has been subpoenaed for its investigation files in the latest development in a protracted discovery fight in a shareholder class action over […]

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In latest setback for shareholder class actions, judge finds Iluka did not breach disclosure rules
Class Actions 2022-02-07 11:21 am By Christine Caulfield

Investors have lost their class action against Perth-based Iluka Resources, the latest shareholder class action to fail after pushing through to trial. Dismissing the case […]

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ASIC grills brother of former Nuix CFO as part of insider trading probe
Securities 2022-02-07 10:01 pm By Christine Caulfield

The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its […]

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