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ASIC’s Shipton clarifies ‘why not litigate’ approach
Financial Services 2019-05-16 4:10 pm By Christine Caulfield

The Australian Securities and Investments Commission chair James Shipton has clarified the regulator’s “why not litigate” approach to enforcement, saying it does not mean “litigate […]

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Class actions still loom as ASIC drops probe into Blue Sky
Class Actions 2019-05-15 9:28 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has dropped its probe into Blue Sky over possible violations of its continuous disclosure obligations, but the fund manager […]

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$6M class action settlement is one claim under insurance policy, Bank of Queensland says
Class Actions 2019-05-14 8:52 pm By Miklos Bolza

The Bank of Queensland has criticised a judgment which found the bank’s insurance policy left it on the hook for a $6 million settlement of […]

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Sims Metal hits back at class action, says group members responsible for losses
Class Actions 2019-05-13 3:40 pm By Miklos Bolza

Recycling company Sims Metal Management has responded to a shareholder class action ahead of a hearing on Tuesday, denying it breached its continuous disclosure obligations […]

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Quintis class action trial could be two years away, with ASIC case to run first
Class Actions 2019-05-09 9:31 pm By Amelia Birnie

Trial in the class actions against sandalwood oil production company Quintis and its founder Frank Wilson could be delayed for almost two years, while ASIC […]

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Judge signs off on 25% cut for funders in Spotless class action
Class Actions 2019-05-09 4:01 pm By Cat Fredenburgh

A judge has approved funding terms in a shareholder class action against facility services company Spotless Group under which the funders will get no more than […]

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Crown can’t block jailed employees from talking to class action lawyers over China crackdown
Class Actions 2019-05-08 3:08 pm By Christine Caulfield

Lawyers for a shareholder class action against Crown Resorts have won their hard-fought battle to question ex-employees about the casino giant’s thwarted business in China, […]

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Deloitte grilled after claiming partners have no right to access files from litigation room
Appeals 2019-05-06 10:07 pm By Christine Caulfield

Lawyers for Deloitte were questioned by an appeals court Monday after arguing that the accounting giant’s partners had no access to the firm’s files, stored […]

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Woolworths class action homes in on supermarket giant’s price perception problem
Class Actions 2019-05-03 9:06 pm By Christine Caulfield

Woolworths’ knowledge of its poor performance on price perception among shoppers in 2014 is at the centre of a $100 million shareholder class action against […]

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Maurice Blackburn says it can deliver the goods in BHP class action
Appeals 2019-05-02 10:34 pm By Christine Caulfield

Law firm Maurice Blackburn has fired its opening salvo in a high-stakes appeal of a judge’s decision rejecting its class action against BHP over the […]

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