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Third time unlucky: Mortgage firm loses another bid to stifle derivative suit over Macquarie sale
Securities 2019-06-26 2:25 pm By Amelia Birnie

An appeals court has dismissed a third attempt by directors of mortgage aggregator Connective Group to stifle a shareholder’s derivative lawsuit over a restructure that […]

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Slater & Gordon, ex-directors say Pitcher Partners responsible for financial reports
Class Actions 2019-06-25 3:20 pm By Christine Caulfield

Facing cross claims by Pitcher Partners in two shareholder class actions alleging the accounting firm wrongly signed off on Slater & Gordon’s financial reports ahead […]

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ASIC drags ex-Murray Goulburn execs to court
Securities 2019-06-25 2:18 pm By Cat Fredenburgh

The former directors of Murray Goulburn, who admitted in proceedings brought by the ACCC to aiding in false representations the dairy co-op made to farmers […]

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Murray Goulburn pays $42M to settle shareholder class action
Class Actions 2019-06-24 8:55 pm By Amelia Birnie

Dairy supplier Murray Goulburn has agreed to pay $42 million to settle one of two shareholder class actions over a 2016 profit forecast revision that […]

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Judge pauses ASIC case against ANZ over $2.5B share placement
Securities 2019-06-21 11:35 pm By Cat Fredenburgh

ANZ Bank has secured a stay of the corporate cop’s civil penalties proceeding over disclosures related to its $2.5 billion equity capital raising while it […]

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Competing law firms agree to join forces in BHP class action
Appeals 2019-06-21 10:33 pm By Christine Caulfield

Rival law firms Phi Finney McDonald and Maurice Blackburn have offered to consolidate their competing shareholder class actions against BHP after prompting by the Full […]

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Quintis shareholders can choose which of two class actions is a better bet
Class Actions 2019-06-21 12:02 pm By Christine Caulfield

Shareholders of troubled sandalwood producer Quintis who are eligible group members in two class actions against the company can bet on which of the two […]

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Quinn Emanuel files appeal after losing AMP class action contest
Appeals 2019-06-19 9:34 pm By Christine Caulfield

Law firm Quinn Emanuel Urquhart & Sullivan has followed through on its threat to appeal a high stakes ruling that shut down its shareholder class […]

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Retail Food Group faces potential franchise class action
Franchises 2019-06-18 8:25 pm By Christine Caulfield

Retail Food Group is the target of a possible class action by franchisees in the wake of a parliamentary report that called on three government […]

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Ernst & Young strikes back in Quintis class action
Class Actions 2019-06-14 9:42 pm By Cat Fredenburgh

Ernst & Young, which has been named in a class action over its auditing of sandalwood producer Quintis, has filed cross-claims alleging Quintis should pick […]

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