A judge has admonished a class action applicant over continuing delays in a four-year-old class action against NAB which he said “should not be allowed to languish any longer”.
A judge has approved a $155,000 settlement in a class action on behalf of investors in failed streaming platform Guvera which racked up $500,000 in legal fees, saying the case should never have been filed as a class action and didn’t advance group members’ interests “one iota”.
A judge has rejected a request to discontinue a class action on behalf of investors in failed music streaming platform Guvera, saying it was “difficult to understand” why the applicants had launched the case as a class action in the first place.
A judge has rejected a request that he approve a settlement with the lead applicants in a class action by investors in failed music streaming platform Guvera that would dispense with the class action without notice being sent to group members.
A director of Gold Coast accounting firm Oculus has lost his bid to represent the company in a class action by investors in failed music streaming platform Guvera, with a judge unconvinced the company lacked the means to fund the litigation and finding the director was not suitable to represent the company.
Group members in a class action against Oculus Accounting may not receive a payout after the company’s insurers refused to indemnify it against claims alleging the accounting firm was negligent in prompting an investment in failed music streaming platform Guvera.
The accounting firm at the centre of a class action over failed music streaming platform Guvera has hit back at claims it was negligent in promoting an investment opportunity in the failed tech company.
Shareholders of collapsed music streaming platform Guvera have filed a class action against an accounting firm seeking to recoup their losses for the firm’s alleged negligence in promoting an investment opportunity in the failed tech company.
A settlement has been reached that brings an end to a class action against a Queensland law firm for allegedly charging personal injury clients excessive fees but does not resolve the claims of group members.
The Queensland law firm at the centre of a class action over legal fees wants the case thrown out as an abuse of process, after it was revealed that the lead plaintiff apparently sold her litigation rights to a litigation funder, whose sole director is married to the solicitor who filed the action.