Ferrier Hodgson

Media giant Nine has defended reporting that allegedly implied former Victorian Liberal party vice president Marcus Bastiaan engaged in illegal branch stacking, arguing the coverage was justified and that federal assistant treasurer Michael Sukkar was in on the scheme.

A judge has approved a “disappointing” $25 million settlement in long-running class action litigation over the collapse of electronics retailer Dick Smith with claims worth hundreds of millions of dollars.

There is a “reasonable chance” that two shareholder class actions against failed electronics retailer Dick Smith will settle by February of next year, group members have learned.