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Noumi can’t shield lawyer’s evidence in privilege claim over Ashurst, PwC docs
Class Actions 2023-12-20 11:19 pm By Cindy Cameronne

Noumi has largely lost its bid to shield from a class action parts of its inhouse counsel’s evidence supporting a privilege claim over 3,000 documents seen by Ashurst and PricewaterhouseCoopers during an investigation into the company’s financial position.

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Google, Apple to argue app store restrictions needed to protect security, IP
Competition & Consumer Protection 2023-11-29 6:11 pm By Cindy Cameronne

Google and Apple will argue at an upcoming trial that allegedly anti-competitive app marketplace restrictions were necessary to protect security and intellectual property.

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BHP class action fights ruling limiting group size
Appeals 2023-11-28 1:44 pm By Cat Fredenburgh

A class action against BHP over the collapse of a Brazilian dam has appealed a judgment that found shareholders who did not purchase their stock on one of the three exchanges on which the mining giant is listed are excluded from the case.

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FleetPartners hit with shareholder class action
Class Actions 2023-11-08 2:48 pm By Cat Fredenburgh

Fleet management company FleetPartners has been stung with a shareholder class action over a revised 2019 earnings guidance that doomed its planned merger with McMillan Shakespeare.

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BHP shareholders from secondary platforms not part of class action, court says
Class Actions 2023-11-03 11:46 pm By Christine Caulfield

BHP has won its argument that shareholders who did not purchase their stock while trading on one of the three exchanges on which the mining giant is listed are excluded from a securities class action over the collapse of a Brazil tailings dam.

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Group members to get $5.7M from ‘disappointing’ Deloitte class action settlement
Securities 2023-10-19 3:46 pm By Cindy Cameronne

A judge has signed off on a $18.5 million settlement in a six-year-old shareholder class action against Deloitte over its audits of collapsed construction group Hastie, saying the amount might be “disappointing” to group members but reflected the risks of going to trial.

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Epic Games cases against Google, Apple to run alongside class actions
John Sheahan 2023-09-28 10:11 pm By Cindy Cameronne

A judge has ordered lawsuits by Fortnite owner Epic Games against Apple and Google to be heard together with class actions against the tech giants on behalf of app developers and customers who accuse them of distorting competition in the app marketplace.

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Class action members reap rewards of competition, but at what cost?
Analysis 2023-09-21 11:55 pm By Sam Matthews

The judge who rewarded the law firm with the lowest ever GCO proposal with carriage of an $80 million class action this week noted the competitive forces that shaped a “very good deal for group members,” but competition has its downsides, experts say.

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Record-low GCO rate in Star class action not loss-leading pricing, judge says
Class Actions 2023-09-20 11:33 pm By Christine Caulfield

The winning, 14 per cent contingency fee proposal by Slater & Gordon in a fight to run a class action against Star Entertainment was not driven by a desire to prevail in the contest and buy market share but was the product of a “reasoned decision” that took into account the law firm’s practice as a whole, a judge has found.

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Law firm with lowest ever GCO wins battle to run Star class action
Class Actions 2023-09-19 12:12 pm By Sam Matthews

One law firm has emerged victorious in a four-way contest to run a shareholder class action against Star Entertainment with the lowest proposed group costs order since contingency fees legislation was enacted in Victoria. 

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