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Citibank wants class closure before evidence in rate-rigging case
Competition & Consumer Protection 2023-10-23 11:43 pm By Cindy Cameronne

Citibank has argued group members should be asked to sign on to a class action accusing five major banks of entering a cartel agreement to rig foreign exchange rates before evidence is filed in the case, saying it was impossible to know how much the claims were worth. 

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Journalist claims PTSD from bushfire reporting in suit against Ten
Employment 2023-10-23 10:33 pm By Sam Matthews

Ten wants to stay a sex discrimination claim brought by journalist Tegan George in light of separate personal injury proceedings seeking damages from the broadcaster over PTSD allegedly caused by reporting from the 2019-2020 bushfires.

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BHP says investors from secondary platforms can’t be in class action
Class Actions 2023-10-18 3:18 pm By Cindy Cameronne

BHP has argued that investors who bought shares through secondary platforms are excluded from a long-running shareholder class action over a failed Brazilian dam, a claim slammed as an “unduly narrow reading” of the case.

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Settlement CFO ruling another landmark in class action development
Analysis 2023-10-12 11:34 pm By Christine Caulfield

The Full Federal Court’s finding that the High Court did not extinguish the power of judges to make common fund orders on approval of class action settlements is the latest milestone in the evolution of Australian class action jurisprudence, experts say.

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Judge’s blessing of ‘solicitors’ CFO’ may bring class actions back to Federal Court
Class Actions 2023-10-12 11:40 pm By Cat Fredenburgh

A Federal Court judge’s endorsement of the novel idea of a ‘solicitors’ common fund order’ may reverse the trend of class action lawyers running to the Supreme Court of Victoria, where they can earn a contingency fee, to file their cases.

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Experience trumps funding model in Jaguar Land Rover beauty parade
Class Actions 2023-10-12 12:29 pm By Cindy Cameronne

A judge has awarded carriage of a class action against Jaguar Land Rover over allegedly defective diesel filters to a law firm that won a similar case against another car maker, saying the firm’s experience was not a “neutral factor”.

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Advisory firm Teneo bought Anna Whitlam’s company, now she’s suing
Employment 2023-10-09 11:15 pm By Christine Caulfield

A talent scout whose company was acquired by Teneo is suing the Australian arm of the global CEO advisory firm, alleging she endured 16-hour workdays and was exposed to a toxic, male-dominated work culture.

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Group members to get $84M from AMP class action settlement
Class Actions 2023-10-06 11:29 pm By Cat Fredenburgh

Maurice Blackburn will seek $26 million in costs from a $110 million settlement in a long-running class action against AMP over its fees-for-no-service conduct, leaving more than three-quarters of the settlement to be distributed to group members.

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Judge ‘had enough’ with delays in four-year-old AMP class action
Class Actions 2023-10-05 1:14 pm By Sam Matthews

The judge overseeing a slow moving class action against four AMP subsidiaries and two trustees over alleged excessive superannuation fees has expressed his frustration with delays in the case, fixing the case for trial over the wealth manager’s protest.

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Consolidated Downer EDI class action carries the day
Class Actions 2023-10-02 3:18 pm By Sam Matthews

Two law firms that were able to “work cooperatively” to join their cases have been awarded carriage of a shareholder class action against mining firm Downer EDI. The judge overseeing the proceedings also approved a group costs order application that proposed a “reasonable rate” of return to the firms.

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