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Reading the tea leaves from 2023’s class action beauty parades
Analysis 2024-01-15 11:19 pm By Sam Matthews

The country’s most experienced class action law firm won two and lost two in last year’s beauty parades before the courts, showing track record is […]

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Insurers dragged into PwC class action over $50M bond prospectus
Class Actions 2024-01-12 2:55 pm By Sam Matthews

Over three years into a class action against failed asset finance lender Axsesstoday and auditor PricewaterhouseCoopers over a $50 million prospectus, the applicant has won […]

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Fletcher Building says some NZ claims barred from shareholder class action
Securities 2024-01-09 10:15 pm By Cindy Cameronne

New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some […]

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In second securities class action failure in two days, IOOF shareholders lose out
Class Actions 2023-12-20 11:55 am By Cindy Cameronne

A judge has dismissed a securities class action against Insignia Financial, formerly known as IOOF, in the second judgement in two days to find no […]

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Judge signs off on 24% GCO in a2 Milk shareholder class action
Class Actions 2023-12-20 3:21 pm By Sam Matthews

A judge has approved a 24 per cent group costs order in a consolidated class action against a2 Milk, noting the complexity of the claims […]

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Noumi can’t shield lawyer’s evidence in privilege claim over Ashurst, PwC docs
Class Actions 2023-12-20 11:19 pm By Cindy Cameronne

Noumi has largely lost its bid to shield from a class action parts of its inhouse counsel’s evidence supporting a privilege claim over 3,000 documents […]

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In class action re-do, Worley shareholders establish breach but fail to prove loss
Class Actions 2023-12-19 9:44 am By Christine Caulfield

Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class […]

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Funders’ cut, legal fees to eat up half of $40M RCR Tomlinson class action settlement
Class Actions 2024-01-09 11:56 pm By Christine Caulfield

The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut […]

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ASIC takes stockbroker Adam Blumenthal to court for alleged market rigging, breaches of duty
Financial Services 2023-12-15 11:35 pm By Cat Fredenburgh

The corporate regulator has brought proceedings against EverBlu Capital and Creso Pharma director Adam Blumenthal, alleging market rigging and breaches of duty, and has accepted […]

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Jan Cameron found guilty of failing to disclose interest in Bellamy’s
White Collar 2023-12-15 10:43 pm By Sam Matthews

Former Bellamy’s Australia director Jan Cameron has been found guilty of two counts of breaching the Corporations Act, following an investigation by the corporate regulator […]

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