A judge has approved a settlement he previously expressed a “nagging feeling of disquiet about” in a class action against fundraiser Appco Group, after group members “overwhelmingly” supported the proposal and further cash assets were uncovered that increased the settlement amount to $2.05 million.
AMP ‘ruining a lot of people’s Christmases’ in $35.5M poaching dispute, court told
A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.
Law firms agree to consolidate AMP insurance class actions
ACCC rejects Google undertaking to seal $3B Fitbit deal
Class action report pitches major reforms
The latest inquiry report into class actions has put forward a suite of recommendations that would remake the class action regime by empowering the Federal Court to vary litigation funding agreements, requiring judges to hold class action beauty parades and making permanent the government’s temporary changes to continuous disclosure laws.