CBA slams class actions’ ‘misguided’ theory on appeal

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CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.

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Judgment in CBA class actions could affect insider trading cases, Full Court told

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The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.

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NSW police can’t subpoena group members’ names in strip search class action

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The NSW government’s bid for the names of 2,316 registered group members in a class action over strip searches at music festivals has been knocked back by the court.

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Bunnings’ facial recognition tech found to have breached privacy laws

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Bunnings has been found to have breached privacy laws with the use of facial recognition technology in its stores, but the hardware chain has vowed to seek a review of the decision.

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HESTA to pay members stung by ‘unfair’ COVID-19 revaluations

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The trustees of super fund HESTA have agreed to make payments to two groups of members impacted by valuation decisions made at the start of the COVID-19 pandemic.

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