A judge has granted OTC trader EuropeFX more time to file its defence to an 80-page statement of claim and over 2,000 pages of particulars filed by ASIC in its case accusing the company of knowingly exposing its Chinese customers to criminal charges.
Two insurers have appealed a ruling that could provide a further $11.25 million to group members in a class action against sandalwood producer Quintis, further delaying finalisation of a settlement reached in the group proceeding over a year ago.
Piper Alderman has resolved a sex discrimination case brought by a former administrative assistant who claimed she was terminated for taking parental leave and told to “go spend time with your kids”.
Piper Alderman has settled a dispute with a former partner who claimed the law firm discriminated against her when she was ousted from the partnership.
A lengthy dispute over insurance in a settled class action against sandalwood producer Quintis has been resolved, with the Federal Court rejecting a challenge by two insurers to the rectification of policies that could provide a further $11.25 million in recoveries to group members.
Ardent Leisure Group has hit back at a $310 million shareholder class action, denying that there were “obvious” risks in its Thunder River Rapids Ride ahead of a 2016 tragedy at the Dreamworld theme park which claimed four lives.
An investor who sank $1 million into a now suspended Mayfair Group scheme has lost his misleading and deceptive conduct case against the firm, with a judge finding his evidence was “plainly coloured” by the fact he had lost his life savings.
Food and beverage manufacturer Freedom Foods and accounting giant Deloitte have been hit with a second class action by irate investors seeking compensation for “accounting errors” that led to a $590 million write-down in November last year.
Two insurance brokers have dodged being dragged into class action proceedings against sandalwood producer Quintis to boost a settlement reached last year, as a fight over insurance owed to the company to cover the settlement continues.
The employing entity behind convenience store chain On the Run has said it will not appeal a judgment tossing a class closure bid prior to mediation, saying that it did not want to launch a “test case” in the Federal Court.