A judge has declined to make a common fund order in approving a $35 million settlement in a shareholder class action against telecommunications firm Vocus Group, resulting in a reduced payout for the funders that backed the case.
A group of Queensland taxi drivers has lost the bulk of a lawsuit seeking compensation from the state government for losses allegedly caused by ride sharing services like Uber, with a court dismissing the drivers’ claims as “fanciful”.
Directed Electronics has slammed a decision by one of its former managers to switch lawyers in the middle of a trial over alleged corporate theft, saying the move had a “tactical flavour”.
Facing the threat of regulatory action and a possible class action, Flight Centre will refund thousands of customers who were charged a $300 fee for cancelling travel plans because of government restrictions to combat the coronavirus.
Law firm K&L Gates has been hit with a $3 million lawsuit by former clients alleging breaches of duty of care and fiduciary duties after a Victorian Supreme Court loss in a joint venture dispute.
The top judge of the Federal Court plans to clear the schedules of three judges at the start of next year so they can hear and decide Johnson & Johnson’s challenge of a class action ruling that found its pelvic mesh devices were defective and awarded the lead applicants $2.6 million in damages.
Global winemaker and distributor Treasury Wine Estates has been hit with a second class action over an earnings downgrade made in January this year, setting the stage for a possible fight between the law firms leading the proceedings.
Bob Jane will give franchisees at least six months’ notice before terminating their agreements, after the Australian Competition and Consumer Commission said the tyre retail chain was likely flouting the law by failing to do so.
The identity of a Big Six partner to whom a former AMP lawyer allegedly criticised her superior has been revealed in court during a heated exchange between the barristers in the unfair dismissal proceeding.
Law firm Mills Oakley and a firm partner are facing a lawsuit alleging they violated their duty of care by transferring nearly $1 million in client funds to the wrong account after being duped by false emails purporting to be from a representative of one of the firm’s clients.