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With ‘hesitation’, judge OKs $300M settlement in J&J class actions
Personal injury 2023-03-16 9:54 am By Cindy Cameronne

A judge has approved a $300 million settlement in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon — the largest settlement in the history of Australian product liability group proceedings — but a $100 million deduction for legal costs has yet to get the greenlight. 

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S&P fights ‘significant’ expansion of class action over CDO ratings
Class Actions 2023-03-01 10:28 pm By Sam Matthews

S&P Global is fighting bids to expand a class action alleging systemic defects in its ratings systems to a new type of complex financial product and to include allegations from a US Department of Justice case in a separate suit by two Cayman Islands-based companies.

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In first beauty parade of its kind, law firms compete to manage $300M J&J settlement
Class Actions 2023-02-16 10:43 pm By Cindy Cameronne

Sixteen law firms and accounting firms have thrown their hat in the ring to administer a $300 million settlement in two class actions against Johnson & Johnson over pelvic mesh devices that injured thousands of women.

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J&J class action settlement ‘massively’ short of what pelvic mesh victims owed, court told
Class Actions 2023-02-16 10:04 pm By Cindy Cameronne

A contradictor appointed in two pelvic mesh class actions against Johnson & Johnson has blasted a $300 million settlement, calling it “massively” short of what is owed to group members, after a judge preliminarily found the sum was not fair and reasonable.

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Law firm must compete to administer $300M J&J class action settlement
Business of Law 2023-01-10 3:49 pm By Sam Matthews

A judge has opened the administration of a $300 million settlement in a pelvic mesh class action to a competitive bidding process, shortly after another judge said law firms were not uniquely qualified to distribute class action spoils.

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Top 10 class action settlements of 2022
Top 10 Class Action Settlements 2023-01-06 3:23 pm By Sam Matthews

Class action settlement sums reached new highs last year, with the ten largest agreements totalling almost $1 billion, almost half of which was secured by one plaintiff law firm.

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Firm to drop class action against Philips over recalled sleep apnea devices
Class Actions 2022-12-20 4:08 pm By Cindy Cameronne

Philips Electronics will not face a class action in Australia over recalled sleep apnea machines that contained a foam component that could  degrade and cause consumers to inhale dangerous chemicals, after the law firm running the litigation decided to drop the case.

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‘ASX Wolf’ trader’s Instagram account was unlicensed financial services biz, court rules
Financial Services 2022-12-20 4:51 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room, a judge has found.

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Contradictor blasts Shine’s ‘wholly unreasonable’ $100M legal bill in J&J class actions
Class Actions 2022-12-05 11:15 pm By Cindy Cameronne

A contradictor in two pelvic mesh class actions against Johnson & Johnson has opposed Shine Lawyers recovering $100 million in costs from a $300 million settlement, which a judge has preliminarily found is not fair and reasonable to group members.

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‘Virtually nothing has been done’: Judge shreds firm for lag in $300M J&J settlement
Product Liability 2022-10-07 11:20 pm By Sam Matthews

A judge has savaged Shine Lawyers over its failure to present a signed settlement agreement to the court a month after Johnson & Johnson Medical and unit Ethicon agreed to pay $300 million to settle two pelvic mesh class actions, ordering the firm to explain on the record what steps have been taken to finalise the settlement.

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