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Crown’s $125M class action settlement wins court approval but no CFO for funder
Class Actions 2022-04-29 1:12 pm By Christine Caulfield

A judge has signed off on a $125 million settlement to resolve a shareholder class action against Crown Resorts over disclosures relating to its Chinese […]

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US shareholders ask court to reject $31M payout for Crown class action funder
Class Actions 2022-04-28 9:35 pm By Christine Caulfield

US institutional shareholders who joined a class action against Crown Resorts that settled on the eve of trial for $125 million are urging the Federal […]

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Former Nuix CEO has ‘no faith’ in pre-trial mediation in $180M case
Employment 2022-04-28 1:35 pm By Sam Matthews

The former CEO of Nuix has shot down the suggestion of pre-trial mediation, which he said was unlikely to resolve his $180 million claim against […]

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Law firms appear to sour on contest between rival a2 Milk class actions
Class Actions 2022-04-28 10:45 pm By Christine Caulfield

Law firms running competing shareholder class actions against a2 Milk appear to have reached agreement to join forces, with a court order Thursday scrapping a […]

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Judge signs off on 40% cut for law firm in Arrium class action
Class Actions 2022-04-27 1:16 pm By Cat Fredenburgh

A judge has approved a 40 per cent group costs order for the law firm that’s running a class action against KPMG and former directors […]

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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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