Most Recent
GetSwift class action trial vacated as judge asked to recuse himself
Class Actions 2020-08-13 10:15 pm By Cat Fredenburgh

The judge overseeing a shareholder class action against logistics provider GetSwift and three executives has vacated an upcoming trial date, following an application that he recuse himself from hearing the case.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Lawyers say judge has power to close class action with tweak to group member definition
Class Actions 2020-07-31 10:35 pm By Alison Eveleigh

Lawyers running a class action against recycling company Sims Metal Management say the court has power to approve their bid to amend the group member definition that will effectively close the class, but the judge overseeing the case will appoint a contradictor to represent group members in a hearing over the application.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Westpac defends AUSTRAC disclosures in shareholder class action
Class Actions 2020-07-15 7:02 pm By Miklos Bolza

Westpac has denied claims in a shareholder class action filed in the wake of AUSTRAC proceedings alleging 23 million breaches of anti-money laundering and counter-terrorism finance laws, saying the information the class action says it should have disclosed to shareholders “did not exist”.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge warns ā€˜real persuasionā€™ needed to expand GetSwift class action 2 months from trial
Class Actions 2020-07-13 9:00 pm By Alison Eveleigh

A judge has warned counsel leading a shareholder class action against logistics provider GetSwift that “real persuasion” would be needed to convince him to allow the class to expand its case two months out from trial.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

GetSwift drafted correction to misleading ASX announcement, never released it, director says
Trials 2020-06-23 8:55 pm By Miklos Bolza

A former director of GetSwift has given evidence at trial in ASIC’s case against the logistics provider that the company drafted a correction to a misleading ASX announcement about a deal with fruit and milk delivery provider Fruit Box but never released it.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Trial judge urges common sense in ASIC case against GetSwift
Securities 2020-06-22 4:58 pm By Miklos Bolza

A judge has dismissed a defensive bid by ASIC to amend its case against GetSwift mid-trial, instead calling on “common sense” to be injected into the proceeding as the hearing enters its second week.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge spends Sunday drafting orders after ‘highly unsatisfactory’ conduct in Toyota class action
Class Actions 2020-06-22 10:39 am By Alison Eveleigh

A judge has criticised the parties for failing to comply with orders made in a class action against Toyota over allegedly defective filters in the car giant’s diesel models, and spent half his weekend preparing new orders for both sides.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

GetSwift leaked $138M deal to the press ahead of ASX announcement, ASIC says
Securities 2020-06-16 7:26 pm By Miklos Bolza

GetSwift “sat on” an announcement about a lucrative deal with US-based automotive sales and marketing firm N.A. Williams for more than three weeks, then leaked the news to the media before announcing it on the Australian Stock Exchange, ASIC has told the Federal Court on day two of a trial in the corporate regulator’s case against the logistics tech company.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

‘These results are not accidental’: GetSwift saw ASX as ‘cheap way’ to boost share price, ASIC says
Securities 2020-06-15 6:49 pm By Miklos Bolza

Ɖmails show the directors of logistics company GetSwift took a “deliberate approach” to inflating the company’s share price through a constant supply of positive ASX announcements about new multimillion-dollar contracts, ASIC said on the first day of a highly anticipated five-week trial.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

‘Harsh and draconian’: Judge shoots down bid for class closure in combustible cladding action
Class Actions 2020-06-01 8:38 pm By Miklos Bolza

A court has dismissed a “harsh and draconian” class closure order sought by German cladding manufacturer 3A Composites in a class action against it over allegedly combustible cladding.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?