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GetSwift’s defence says Squire Patton Boggs partly liable
Class Actions July 17, 2018 5:45 pm By Christine Caulfield

In what is believed to be an unprecedented move, logistics tech startup GetSwift has named law firm Squire Patton Boggs as a “concurrent wrongdoer” in the company’s defence of a shareholder class action.

Lawyers won’t move AMP class actions without a fight
Class Actions July 17, 2018 8:43 pm By Miklos Bolza

Applicants in four Federal Court class actions against AMP won’t voluntarily move their cases to the NSW Supreme Court on the invitation of a state judge, leaving a jurisdictional battle to rage on.

Western Power’s negligence caused Parkerville bushfire, court hears
Class Actions July 16, 2018 10:59 pm By Miklos Bolza

Electricity company Western Power was to blame for the January 2014 inferno that destroyed 57 homes in and around Parkerville, Western Australia, a lawyer told the state’s Supreme Court at the start of trial Monday on behalf of residents and property owners.

Provident receivers may face objections over PwC merger
Class Actions July 16, 2018 5:45 pm By Cat Fredenburgh

The judge overseeing the administration of Provident Capital has invited debenture holders to object to the company’s receivers staying on after their firm completes its merger with PricewaterhouseCoopers, Provident’s former auditor which has also been named as a cross-defendant in two class actions over Provident’s collapse.

AMP class action lawyers agree to ceasefire in jurisdictional war
Class Actions July 13, 2018 8:47 pm By Christine Caulfield

Lawyers in the turf war over five competing AMP class actions have agreed to a temporary peace accord after the battleground edged close to the realm of the absurd, with a threatened anti-anti suit injunction being met with calls for an anti-anti-anti suit injunction.

Fitch Ratings class can add fraud claims after finding hidden evidence
Financial Services July 13, 2018 9:46 pm By Miklos Bolza

The firm running the class action against Fitch Ratings over SCDO products has been given the go ahead to add claims of fraud and deceit after lawyers allegedly unearthed a hidden mathematical table the agency used in assigning ratings to the toxic financial products.

Class action seeks data on individuals that got Cash Converters loans
Class Actions July 13, 2018 12:44 pm By Cat Fredenburgh

Cash Converters has been asked to produce data on individuals that it provided payday loans to in Queensland in a class action alleging it charged a brokerage fee to borrowers for services they never received.

SEC probing Facebook disclosures over Cambridge Analytica data harvesting
Privacy & Cybersecurity July 13, 2018 1:08 pm By Cat Fredenburgh

The US securities regulator is reportedly looking into Facebook’s disclosures to investors about the harvesting of user data by political research firm Cambridge Analytica, as the company faces the threat of a privacy class action in Australia over the data debacle.

Expert report debunks myth of Australian class action boom
Exclusive July 12, 2018 6:16 pm By Christine Caulfield

Australia is not the haven for class actions that critics have claimed, according to a new report that shoots down the notion that the country is just behind litigation-happy US when it comes to targeting corporations in court.

Lawyer fooled by conman Peter Foster’s “psychological brilliance”, court hears
Class Actions July 12, 2018 10:45 pm By Miklos Bolza

A Sydney lawyer accused in a class action of conspiring with notorious conman Peter Foster in a fraudulent sports betting scheme that left investors $29 million out of pocket was taken in by Foster’s “psychological brilliance”, her barrister told a court Thursday.