Please login to bookmark Close
Burger chain MOS Burger Australia has paid $1.12 million in outstanding wages owed to former workers, following an investigation by the Fair Work Ombudsman.
Judge says High Court did not rule out common fund orders at settlement
Please login to bookmark Close
The High Court’s ruling Wednesday that judges have no power to issue a common fund order in the initial phases of a class action does not bind them after a settlement has been reached, a Federal Court judge said Friday.
Group members to get $100 or less under $1.5M ANZ class action settlement
Please login to bookmark Close
A judge has given the green light to a $1.5 million settlement in a long-running class action against ANZ alleging it slapped customers with illegal fees, with group members expected to get no more than $100 and potentially walking away with “substantially less” than this.
‘Reasonable chance’ of settlement in Dick Smith class actions
Please login to bookmark Close
There is a “reasonable chance” that two shareholder class actions against failed electronics retailer Dick Smith will settle by February of next year, group members have learned.
ISignthis sues ASX over suspension, says exchange went ‘looking for a problem’
Please login to bookmark Close
Melbourne-based fintech company ISignthis is taking the Australian Stock Exchange to court for refusing to lift the suspension of its shares and allegedly digging for confidential information to “find a problem”.
Engineer blamed for design defects in Opal Tower class action
Please login to bookmark Close
The construction company behind Sydney’s Opal Tower has filed a cross claim seeking $30 million from structural architect WSP Structures over its allegedly faulty building design.
JPMorgan witnesses grilled as banks seek to poke holes in ANZ cartel case
Please login to bookmark Close
Two key witnesses from JPMorgan have been grilled by lawyers for three major investments banks named in a high-stakes criminal cartel case as the banks seek to cast doubt on how the ACCC gathered evidence during its almost two-year cartel investigation.
Coles to pay $5.25M to Norco dairy farmers after ACCC investigation
Please login to bookmark Close
Coles has agreed to pay about $5.25 million to dairy co-operative Norco after an investigation by the Australian Competition and Consumer Commission found the supermarket giant failed to pass on the full price rise it charged consumers for Coles-branded fresh milk as it promised to do.
Higher commission rates, more closed class actions to follow High Court ruling
Please login to bookmark Close
The end of the common fund order is a setback for class actions that will see a revival of the days of closed proceedings, costly bookbuilding, higher commission rates and the shelving of worthy but risky cases, experts say, and all eyes will now turn to state and federal governments to see how they respond to calls for legislative intervention.
Israel Folau settles dispute with Rugby Australia over dismissal
Please login to bookmark Close
Former Wallabies fullback Israel Folau has settled his lawsuit against Rugby Australia and NSW Rugby alleging his $5.7 million contract was unfairly terminated over homophobic social media posts.