Most Recent
Judge says shareholder class action against Brambles ‘taking too long’
Class Actions 2019-07-31 2:43 pm By Christine Caulfield

A judge overseeing a consolidated shareholder class action against logistics company Brambles has expressed frustration with the parties, who are locked in an unresolved discovery battle three months after his order consolidating the litigation.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

RMBL exec told class members he hoped they would opt out of case, court told
Class Actions 2019-07-30 7:39 pm By Amelia Birnie

Customers of mortgage lending and investment firm RMBL say they were “shocked” when the company’s chief financial officer allegedly called them to say “he hoped” they would opt out of an excessive fees class action that had been filed against the firm.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Government to introduce ban on grandfathered commissions
Financial Services 2019-07-30 7:13 pm By Miklos Bolza

The Federal Government will introduce legislation Thursday that would ban the grandfathering of conflicted remuneration for financial advisors, after the banking royal commission suggested scrapping the practice.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Opal Tower unit owners launch multi-million dollar class action
Class Actions 2019-07-30 2:42 pm By Amelia Birnie

A class action has been filed against a NSW state government-controlled entity over Sydney’s scandal-plagued Opal Tower, in a claim that is expected to seek millions of dollars of compensation on behalf of hundreds of apartment owners.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Radio Rentals class action looking for admissions in AIG insurance claim docs
Class Actions 2019-07-24 1:16 pm By Miklos Bolza

The lead applicant in a class action against Radio Rentals wants access to correspondence relating to the appliance leasing company’s insurance coverage with AIG Australia, saying the documents might contain admissions relevant to its case over the company’s allegedly misleading ‘Rent, Try, $1 Buy’ program.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Lendlease faces second shareholder class action after $350M writedown
Class Actions 2019-07-23 11:17 pm By Cat Fredenburgh

Construction giant Lendlease faces a second shareholder class action over market disclosures relating to its underperforming engineering division, and joining the case is one of the biggest public pension funds in the US.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Thousands of disabled workers share $109M class action settlement
Class Actions 2019-07-11 2:04 pm By Miklos Bolza

Almost 7,000 disabled workers have been repaid $109 million in wages as part of a class action settlement distribution that has been called a “fitting end to an historic fight”.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Law firms can push on with separate class actions against CBA under cooperation deal
Class Actions 2019-07-10 8:33 pm By Amelia Birnie

Rival law firms Maurice Blackburn and Phi Finney McDonald will be allowed to work together without consolidating their separate shareholder class actions against the Commonwealth Bank of Australia, after a judge ruled that the bank had overstated the potential for extra costs and delays.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

NAB super fund trustee faces $100M class action over excessive fees
Class Actions 2019-07-10 11:32 am By Miklos Bolza

A NAB-owned trustee is facing a possible class action over $100 million in allegedly excessive fees charged to super fund members.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge reserves AMP class action loser costs after Phi Finney McDonald sinks 1,345 hours
Class Actions 2019-07-04 3:45 pm By Christine Caulfield

Boutique class actions law firm Phi Finney McDonald has won its bid to reserve costs incurred before its case was permanently stayed in the AMP shareholder class action beauty contest, after the firm racked up at least 1,345 hours in “sunk costs”.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?