A judge has approved a “modest” $8.7 million settlement in a class action against medical device maker Exactech over allegedly defective joint replacements, saying the settlement was fair and reasonable given the limited assets of the company, whose parent has filed for bankruptcy in the US.
A class action is appealing a ruling that found the federal government owes no duty of care to Torres Strait Islanders to protect them from the effects of climate change, with experts predicting the High Court may ultimately decide the issue.
A judge has ordered a flat contingency fee at a rate below the maximum sought by the firm running a class action against Mineral Resources, agreeing with a colleague that recent shareholder class action losses don’t justify a higher percentage.
A class action on behalf of thousands of victims of the December 2019 Cudlee Creek bushfire has reached a confidential settlement with two individuals, while claims worth $200 million against SA Power Networks have proceeded to trial.
A class action over alleged inflated insurance policy premiums charged by advisers of two Commonwealth Bank wealth management licensees has settled, the second class action over CommInsure to resolve this week.
The applicant in a class action against AMP wants to amend the case five years in and three months out from trial, but a judge has warned he will look dimly on any changes that disrupt the evidence planned for the hearing.
The judge overseeing a class action alleging Sony used restrictive trade practices to block competition with its Playstation store has told the applicant to get “a bigger team” on the slow-moving case.
Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
A judge has questioned the tiered structure of a group costs order sought by the law firm running a class action against Mineral Resources, but the firm argued Wednesday it would need the highest rate if a flat fee were ordered.
The parties in a class action against agricultural giant GrainCorp over alleged noise and odour pollution from a factory in rural Victoria have failed to seal the deal on a settlement reached last month.