GetSwift has been hit with a $15M penalty and several of its directors have been slapped with substantial penalties after the company was found to have misled shareholders in breach of the Corporations Act.
Two more class actions target Hyundai, Kia over ‘defective’ engines
Consumers would have right to sue for privacy breaches under proposed reforms
Hall & Wilcox poaches finance partner from Baker McKenzie
Saga of common fund orders ripe for return to High Court
The question of power to make a common fund order at the end of a class action was no longer a hypothetical one and it was time to send the issue to the Full Federal Court. That’s what the 7-Eleven class action judge was told 15 months ago but he failed to heed the advice, resulting in a court deeply divided and funders clamouring for reform.