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Firm fees, funder’s cut slashed in $180M stolen wages class action settlement
Class Actions 2024-11-27 3:21 pm By Sam Matthews

A judge has approved a settlement of up to $180.4 million in a stolen wages class action against the WA government but slashed the law firm’s fees and funder’s commission.

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Judge balks at $10M registration bill in stolen wages class action
Class Actions 2024-10-29 11:56 pm By Sam Matthews

The judge overseeing a $180.4 million settlement in a stolen wages class action has railed against Shine Lawyers’ $10 million bill for the costs of registration, saying ā€œsomething has gone seriously wrongā€.

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Medical cannabis distributor wins injunction after suspected hack
Privacy & Cybersecurity 2024-05-28 2:56 pm By Sam Matthews

Medicinal cannabis company Vitura Health has won its bid for orders restricting the access of a software partner to its IT systems after an alleged hack.

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Class action against Qoin issuer flags tweaks to case after ASIC win
Cryptocurrency 2024-05-24 1:12 am By Cindy Cameronne

A class action against BPS Financial may abandon some claims after a judge found in a separate case brought by the Australian Securities and Investments Commission that the Qoin cryptocurrency issuer made false and misleading claims about its product.

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Funder seeks 20% cut of settlement in WA stolen wages class action
Class Actions 2023-11-08 11:42 pm By Sam Matthews

The litigation funder that backed a class action brought on behalf of Indigenous workers seeking to recover unpaid wages wants a 20 per cent commission from the settlement. But it faces pushback from the government of Western Australia, which has agreed to pay group members up to $165 million.

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‘Why do they have to be so precise’: Judge quizzes crypto issuer over class action pleadings
Cryptocurrency 2023-05-30 3:53 pm By Sam Matthews

The judge overseeing a class action against Qoin cryptocurrency issuer BPS Financial and several related companies has questioned the level of precision required of the pleadings, as the company fights theĀ  applicantā€™s bid to amend its case for the fourth time.

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Judge won’t stay crypto class action against Qoin issuer
Cryptocurrency 2023-02-20 8:27 pm By Cat Fredenburgh

A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.

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Law firm close to filing Blue Sky class action, partner says
Securities 2021-08-30 5:34 pm By Cat Fredenburgh

A shareholder class action against defunct fund manager Blue Sky Investments and others will be filed by the end of the year, Lawyerly has learned.

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WA denies breach of duty in stolen wages class action
Class Actions 2021-05-03 6:05 pm By Miklos Bolza

The Western Australian state government has hit back at a class action brought by Indigenous workers seeking to recover unpaid wages, saying there was no breach of duty because the law at the time allowed the workers to be employed without pay.

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Potential class action against defunct fund manager Blue Sky gets major boost
Securities 2021-03-19 10:42 pm By Christine Caulfield

A law firm may soon have more ammunition to back a potential shareholder class action against Blue Sky Alternative Investments, its former directors and auditor Ernst & Young.

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