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Aristocrat group members shouldn’t be probed on problem gambling before mediation, court told
Class Actions 2025-06-26 11:30 pm By Sam Matthews

A class action over allegedly illegal ‘social casino’ apps is fighting gaming giant Aristocrat’s bid to question group members about whether they are problem gamblers ahead of mediation, arguing the “unfair” exercise could invite vulnerable members to self-diagnose.

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Tech error affecting 22K group members delays $50M ANZ class action settlement
Class Actions 2025-04-23 10:59 pm By Andy Sidler

Court approval of a $50 million settlement in a class action against ANZ and superannuation trustee OnePath has been delayed, after 22,000 group members were excluded from an opt-out notice due to a problem with OnePath’s computing process.

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CIMIC class action funder takes $4.7M haircut from commission
Class Actions 2025-04-08 11:56 pm By Christine Caulfield

The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff’s law firm, according to a decision published Friday.

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CIMIC class action wins court nod for $45.25M settlement
Class Actions 2025-04-07 2:04 pm By Christine Caulfield

A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.

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CIMIC class action funder asks court to rule on hypothetical commission
Class Actions 2025-03-24 11:09 pm By Andy Sidler

The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable. 

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Group members to get half of $42.25M CIMIC class action settlement
Class Actions 2025-01-29 11:13 pm By Andy Sidler

Group members will receive no less than 50 per cent of a $42.25 million settlement reached in a shareholder class action against engineering firm CIMIC.

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CIMIC settles shareholder class action for $45.25M
Securities 2024-12-18 6:25 pm By Andy Sidler

CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company. 

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Judge OKs cutting edge argument in $900M class action against CBA
Financial Services 2024-11-28 4:52 pm By Cindy Cameronne

A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companies’ use of AI.

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ANZ, OnePath class action members to pocket 65% of settlement if costs OK’d
Class Actions 2024-11-13 11:35 pm By Cindy Cameronne

The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis. 

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ANZ, OnePath to pay $50M in super class action settlement
Settlement 2024-10-03 11:19 pm By Christine Caulfield

Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.

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