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Trial pokes holes in CBA’s claim of ‘cordial’ relationship with AUSTRAC
Trials 2022-11-08 10:04 pm By Cindy Cameronne

While CBA’s defence to a shareholder class action argues the bank did not need to disclose money laundering failures because it doubted AUSTRAC would take legal action, communications show it was drafting a defence six months before proceedings started, a trial has heard.

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‘Law breaking on a grand scale:’ CBA’s money laundering failures on trial
Class Actions 2022-11-07 11:22 pm By Cindy Cameronne

The Commonwealth Bank of Australia knew about a “catastrophic” code error that caused widespread non-compliance with money laundering rules two years before it was disclosed to the market, a court has been told in a rare shareholder class action trial.

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Allianz to see law firms’ ATE policy in class action over ‘junk’ car insurance
Insurance 2022-11-04 2:47 pm By Cindy Cameronne

The applicants in a consumer class action against Allianz have been ordered to produce an insurance policy that covers them for the risk of losing the case, which the insurer says will inform its bid for security for costs.

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Class action trial looms for CBA over money laundering disclosures
Class Actions 2022-11-03 11:59 pm By Cat Fredenburgh

The Commonwealth Bank of Australia faces trial Monday in one of several class actions filed against a major Australian company in recent years over allegedly lax money laundering practices and disclosures.

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‘Everyone will believe him and not you’: Qantas sued for sex discrimination by female pilot
Employment 2022-10-31 11:44 pm By Sam Matthews

Qantas has been hit with a lawsuit by a former female pilot who says she suffered years of sex discrimination and harassment that culminated in a three-hour flight simulation with a hostile instructor that left her “visibly distraught.”

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Pitcher Partners’ $41M class action settlement gets nod
Class Actions 2022-10-28 11:04 pm By Cindy Cameronne

A judge has approved a $41 million settlement in a shareholder class action against Pitcher Partners but has reduced the funder’s cut to $11.5 million after resolving a feud with the lead applicant over how much it should receive for taking the case to trial.

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Uber loses fight to protect advice by lawyers sought to ‘avoid being caught’
Class Actions 2022-10-28 1:15 pm By Cindy Cameronne

Uber has lost its challenge to a decision that found many of its email exchanges with lawyers were made in furtherance of offences at the centre of class action claims and were not protected by legal professional privilege.

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Crown loses bid for contradictor to fight GCO application in class action
Class Actions 2022-10-21 4:01 pm By Cindy Cameronne

A judge has rejected Crown Resort’s bid to appoint a contradictor to fight a group costs order being sought in a shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.

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Law firm gets $14.5M in fees, after judge trashes ‘distorted’ referee’s report in Woolworths class action
Class Actions 2022-10-19 3:39 pm By Sam Matthews

The law firm that secured a $44.5 million settlement in a class action against Woolworths has won its full $14.5 million in costs, with a judge tossing the report of the referee he appointed to examine the fees, which he said appeared double what they should be.

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Maurice Blackburn sued by group member in Black Saturday bushfire class action
Professional Negligence 2022-10-18 11:49 pm By Cat Fredenburgh

A group member in the historic Black Saturday bushfire class action has filed a lawsuit alleging Maurice Blackburn was negligent in failing to bring a lawsuit over his work-related adenocarcinoma within time.

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