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Superannuation trustee Netwealth has been hit with a second class action linked to its offering of the failed First Guardian fund, in which members sunk $100 million.
A judge has approved a bid by the plaintiffs in a class action over the compulsory acquisition of land for Sydney’s $16 billion WestConnex to discontinue the case, after a breakdown in their relationship with the funder.
An appeals court has tossed Maurice Blackburn’s challenge to a judge’s decision to cut its share of an $87 million settlement in a class action against Hino by $10 million.
Mobile gaming company Playtika wants to stay the lead plaintiff’s claims in a novel class action alleging its online social casino games run afoul of interactive gambling laws, citing an arbitration clause in its terms and conditions.
Credit ratings agency Fitch has lost its bid for financial information about three Lloyd’s insurance syndicates which are providing after-the-event coverage in a class action over synthetic collateralised debt obligations.
Slater & Gordon has avoided calls for $6.5 million in security in its class action against Star Entertainment, with a judge saying the evidence fell well short of establishing a risk the firm could not foot the bill if it loses.
The Full Federal Court has rejected an appeal by the applicant in a class action on behalf of post graduate students who claims he was underpaid by the University of Sydney.
A third law firm is circling Corporate Travel Management and PricewaterhouseCoopers over a share price dive earlier this month.
Westpac's former home lending business RAMS will pay $29.6 million to resolve a class action over the termination of agreements with franchisees.
Crown Resorts has taken its excess insurer to court after being denied coverage for part of a $72.5 million shareholder class action settlement not covered by its primary insurer.