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RMBL ordered to retract comments ‘encouraging’ class members to opt-out
Class Actions 2019-05-24 5:59 pm By Amelia Birnie

Mortgage lending and investment firm RMBL Investments has been ordered to  withdraw all communications with its customers that encouraged them to opt-out of a consumer protection class action against the firm.

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Funders feel the heat as AMP ruling shows returns to class members matter most
Analysis 2019-05-24 3:05 pm By Christine Caulfield

A judge’s decision to pick Maurice Blackburn’s no win, no fee class action against AMP over three funded class actions puts the pressure on litigation funders, which will now face more competition from law firms prepared to go it alone, experts say. The ruling also shows the value courts place on funding arrangements that seek to maximise returns for class members, which means class action beauty parades are sure to get less ugly.

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Crown Resorts challenges ruling allowing jailed employees to talk to class action lawyers
Class Actions 2019-05-24 2:25 pm By Cat Fredenburgh

Crown Resorts has appealed a ruling in a shareholder class action against it allowing 18 former employees, who were jailed as part of the Chinese government’s crackdown on gambling, to answer questions about its business in China.

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No win, no fee funding model carries Maurice Blackburn to victory in AMP class action contest
Class Actions 2019-05-23 10:29 am By Christine Caulfield

Maurice Blackburn’s shareholder class action against AMP — the only action not backed by a litigation funder — has been picked as the winner in a fierce battle of law firms vying to lead a high stakes case over the wealth manager’s fees for no service scandal.

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VW dieselgate hearings postponed over ACCC objections
Class Actions 2019-05-22 10:11 pm By Miklos Bolza

A hearing scheduled for later this year in several class actions and an ACCC proceeding over allegations Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests has been postponed, despite cries of prejudice from the consumer regulator.

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PWC claims privilege against self-incrimination in fight over Vocation audit files
Class Actions 2019-05-22 8:42 pm By Christine Caulfield

Accounting giant PricewaterhouseCoopers is resisting a notice to produce audit files in a consolidated shareholder class action over the collapse of education and training company Vocation, arguing its partners face a real risk of criminal and civil penalty proceedings and are entited to claim privilege against self-incrimination.

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Law firms to learn fate in AMP class action beauty parade
Analysis 2019-05-21 11:25 pm By Christine Caulfield

A ruling by a judge deciding a four-way contest to run a shareholder class action against AMP is expected this week, a judgment significant not just because it is the first time a court in Australia has been asked to choose among so many competing representative cases.

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CIMIC faces bid for indemnity costs after last-minute subpoenas derailed class action trial
Class Actions 2019-05-21 4:20 pm By Miklos Bolza

The lead applicant in a shareholder class action against global engineering firm CIMIC Group has made a bid for indemnity costs, after a last-minute subpoena of three former executives led to the trial being vacated.

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Brambles shareholder class actions consolidated despite stalemate between firms
Class Actions 2019-05-10 2:17 pm By Cat Fredenburgh

A judge has consolidated two shareholder class actions brought against chain logistics company Brambles by Slater & Gordon and Maurice Blackburn, despite the rival firms failing to reach an agreement on the terms of the consolidation following a judge’s criticism of the class action “beauty parade”.

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Ex-Radio Rentals CEO dragged into class action, says he ‘can’t afford lawyers’
Class Actions 2019-05-09 11:13 am By Amelia Birnie

A judge has granted a bid to add former Radio Rentals CEO James Marshall and the beleaguered company’s insurer, AIG Australia, as respondents in a class action, over the protests of Marshall’s lawyer, who said his client couldn’t afford to pay for his defence.

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