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After handing down the first post-trial win for a shareholder class action on damages, a judge has assessed the figure owing the lead applicants, and made orders for a lump sum assessment of costs, which he estimated at $20 million.
The former chief operating officer of mowing franchise Jim's Group has won court approval to tweak claims in a lawsuit alleging he was sacked for reporting financial irregularities and potential fraud.
The Commonwealth Bank has urged the High Court to uphold a ruling rejecting shareholders' damages claims in two class actions, saying the decision correctly rejected their "conflation of materiality with loss".
Apple will bring a “full-bodied” opposition to a bid to expand a class action over the running of its App Store, after a judge found the tech company engaged in anti-competitive conduct in the app marketplace last year.
The law firm running a class action against Harvey Norman has won a 30 per cent group costs order, with a judge noting the trend towards “gradual increases” in contingency fee rates.
Federal Attorney-General Michelle Rowland has hinted at possible reforms to the class action regime that would allow plaintiff firms to earn a profit from group proceedings.
A third law firm has launched a shareholder class action investigation into James Hardie's alleged inadequate disclosures about troubles in its North American fiber cement unit in a market guidance for the 2026 financial year.
Maurice Blackburn wants a 35 per cent cut of any settlement in a class action against the operator of sports betting sites Ladbrokes and Neds -- 2 per cent higher than a group costs order in a similar case against Sportsbet -- telling the court there was likely to be a "smaller pie".
Sportsbet has won its argument about the scope of a waiver of privilege in a class action over unlawful betting services, but a judge has found that the lead plaintiff can still keep communications with Maurice Blackburn under wraps.
Apple and Epic Games are back in court for a high-stakes fight over the orders a judge should make following his finding that the company engaged in anti-competitive conduct in the app marketplace.