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A class action against Aristocrat over allegedly illegal casino gaming apps is worth “hundreds of millions of dollars” and represents up to 1.6 million group members, a court has heard.
A judge has blasted the lack of disclosure about a sibling relationship between the litigation funder and solicitor for a class action against directors of collapsed mining company CuDeco, and has ordered the parties to explain themselves.
A law firm has won a 39 per cent cut of a $27 million class action settlement with vehicle leasing company FleetPartners, the largest contingency fee percentage awarded to date.
The Northern Territory has foreshadowed a strike-out application in a "far from straightforward" class action alleging racial discrimination against Aboriginal Community Police Officers over decades.
A judge has approved a $22.5 million settlement in a class action against two former CBA wealth management units, under which group members will receive just $5.12 million and the lawyers and funder will receive the lion’s share.
Commonwealth Bank and its former wealth management arm Colonial First State have agreed to pay $249 million to settle a class action worth $900 million that would have tested a novel theory of corporate responsibility with implications for companies’ use of AI.
The funder that bankrolled a settled shareholder class action against directors of collapsed mining company CuDeco and KPMG may face a haircut to its proposed 35 per cent commission after a contradictor was appointed to scrutinise the reasonableness of the rate.
A judge will approve deductions that will leave less than half of a $22.5 million class action settlement against two former CBA wealth management units left over for distribution to group members.
The litigation funder that backed a recently settled shareholder class action against the directors of collapsed mining company CuDeco and KPMG will seek a 35 per cent cut from the settlement.
A shareholder class action against former directors of collapsed mining company CuDeco has settled on the eve of trial, a year after KPMG reached a settlement.