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Class action filed over ‘substandard’ public housing in WA
Class Actions 2024-08-22 7:52 am By Christine Caulfield

A class action has been launched seeking “housing justice” for Aboriginal tenants living in alleged substandard public housing in Western Australia.

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Strip search class action attacks NSW’s ‘reasonable exercise of power’ defence
Class Actions 2024-08-19 3:24 pm By Cindy Cameronne

The lead plaintiff in a class action alleging NSW Police conducted illegal strip searches at music festivals has argued the state cannot rely on a defence that the searches were a reasonable exercise of power, after a recent judgment found the defence does not apply to unlawful arrests.

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Judge who worried about ‘strange’ funding agreement OKs $23.1M cut for Augusta
Class Actions 2024-08-06 11:24 pm By Cat Fredenburgh

A judge has signed off on a $23.1 million cut for funder Augusta of a $100 million settlement in a class action against Colonial First State, which he previously called “strange” and said may not reflect the risk the funder shared with Slater & Gordon in running the case.

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In boon for class action, judge finds Noumi’s shares traded at inflated price
Securities 2024-08-05 10:08 pm By Cat Fredenburgh

A judge has signed off on an agreed-to $5 million penalty against Noumi in ASIC proceedings for violating its continuous disclosure obligations and found the food company’s non-disclosures caused it shares to trade at an inflated price.

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Law firm’s bid for $12.8M cut of G8 class action needs more evidence, court told
Class Actions 2024-07-26 10:59 pm By Cindy Cameronne

In the first-ever settlement approval hearing involving a group costs order, a contradictor has argued that Slater & Gordon should have provided the court with more information on legal costs and internal rate of return as part of its bid for a $12.8 million contingency fee.

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Former OnePath chair ‘not cooperating’ in ANZ class action, court told
Class Actions 2024-07-23 1:59 pm By Cindy Cameronne

The ex-chair of former ANZ unit OnePath “has not been cooperating” in a class action alleging it breached its duties as a trustee of superannuation funds by slugging members with excessive fees to pay commissions to financial advisers, a court has heard. 

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Insignia Financial unit fined $10.7M for alleged super breaches
Financial Services 2024-07-22 11:11 pm By Cat Fredenburgh

A unit of Insignia Financial, formerly IOOF, has paid $10.7 million in infringement notices for allegedly failing to put members’ default superannuation contributions into MySuper products.

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Class action against Noumi lays claim to $5M penalty in ASIC case
Securities 2024-07-18 2:04 pm By Sam Matthews

Noumi has agreed to pay a $5 million penalty for violating its continuous disclosure obligations in a case brought by the corporate regulator, but the applicant in a shareholder class action against the food company says the sum should be reserved to compensate group members. 

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Slater & Gordon admits to staff underpayments of at least $300,000
Employment 2024-07-18 11:51 pm By Christine Caulfield

Plaintiff law firm Slater & Gordon has admitted to a payroll error affecting at least 100 current and former employees that has resulted in underpayments of at least $300,000.

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Judge questions law firm’s 40% contingency fee in Ansell class action
Class Actions 2024-07-15 2:18 pm By Cindy Cameronne

A judge has questioned the law firm running a class action against medical glove maker Ansell on its application for a contingency fee rate of 40 per cent, which would equal the highest rate granted since Victoria allowed firms to earn a percentage profit of a group proceeding.

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