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Drakes settles underpayments class action for $2.2M
A class action on behalf of Drakes store managers claimed to be worth up to $20 million has settled for $2.2 million, and the law firm behind the proceedings wants a cut of up to $837,000.
Maurice Blackburn prevails in State Street appeal over Fearless Girl
Maurice Blackburn has successfully defeated an appeal of a judgment that found the law firm did not breach the intellectual property rights of US financial services giant State Street Global Advisors by displaying a replica of the world renowned Fearless Girl statue in Melbourne.
Melissa Caddick’s parents say receivers not entitled to Edgecliff home
The parents of Sydney fraudster Melissa Caddick have staked their claim over her $2.6 million Edgecliff home, which they say they have lived in since 2017 according to a binding agreement with their daughter.
King & Wood Mallesons may be dragged into class action over ‘colossal disclosure debacle’
King & Wood Mallesons could be dragged into a class action by commercial fishing operators against Gladstone Ports Corporation over a "colossal disclosure debacle" in which the late discovery of 39,000 documents derailed a planned September hearing.
Judge hits Westpac unit with $20M penalty over conflicted remuneration
A judge has signed off on a $20 million penalty against Westpac subsidiary BT Funds Management for improperly charging 9,000 members insurance premiums that included commissions to financial advisers, a practice that was banned in 2013.
TerraCom continues fight to keep PwC report from ASIC investigators
Coal mining firm TerraCom has taken its bid to shield a PricewaterhouseCoopers report from ASIC to the Full Court, appealing a judgment which found the regulator could view the report because of public statements made by the company.
Priceline class action discontinued after funder bows out
A judge has approved a bid by group members to discontinue a class action alleging pharmacy giant Priceline exercised an "overly prescriptive level of control" on franchisees which limited their profitability, saying it was unlikely to succeed with a litigation funder.
Telstra hits back at Queensland silk who lost phone numbers in NBN transfer
Telstra has denied that it is liable to compensate a Queensland barrister who lost his phone numbers in an NBN transfer, arguing that it was the silk's decision to terminate his contract with the company.
Toyota could owe $2B in class action after judge finds cars were defective
Toyota could owe close to $2 billion in compensation to 260,000 car owners after a judge found that diesel filters installed in its Hilux, Fortuner and Prado models were defective and that the cars were sold for more than they were worth.
Settlement reached in class action against trustee of collapsed IPO Wealth
The trustee of Mayfair Group's collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.