Awaiting judgment in Federal Court class actions by shareholders over its money laundering risk disclosures, the Commonwealth Bank will ask the court to reopen the case to consider the relevance of two recent decisions that found shareholders in other class actions had failed to prove loss.
The Minister for Agriculture has rejected an offer to settle a nine-year-old class action over the government’s 2011 ban on the live export of cattle for $510 million plus up to $390 million in legal costs and interest.
Bank of Queensland will pay a $820,000 penalty after its Members Equity was found guilty of criminal charges over misleading representations, with a judge finding the defunct direct bank was no less responsible because the offending conduct resulted from a systems error.
Apple has failed to prevent a funder from accessing data that will allow it to estimate potential damages in a class action it’s bankrolling over allegedly anti-competitive app store restrictions.
A judge has criticised Tesla’s bid for an urgent arrest warrant against a NSW man who allegedly published material leaked by a former employee about its self-driving software, saying the man needs the chance to properly respond to the electric car giant’s contempt of court claim.
A former National Rugby League referee has lost his unfair dismissal lawsuit alleging he suffered bullying and victimisation, with a judge finding the league did not terminate his employment but “acted passively” in letting his contract term end.
A litigation funder must pay indemnity costs to CoreLogic after bankrolling a photographer’s unsuccessful copyright claim against the property data analytics company, with an appeals court finding it pursued the litigation for its own personal gain.
Subcontractor Ventia Utility Services had lost its bid to recover $5.6 million in alleged overpayments to class action group members from co-defendant Western Power, after its liability was reduced on appeal in a representative proceeding over the 2014 Perth Hills bushfire.
A court fight has broken out between a vaccine developer and South Australia’s Flinders University over the supply of mice and access to a lab at the college, with the professor’s lawyer declaring the battle “literally a matter of life and death”.
Aldi is seeking to have a class action alleging it systematically underpaid workers across Australia to the tune of $150 million summarily dismissed, after claiming it was served with a “bad pleading”.