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‘Plagued with competing class actions’: Judge stays latecomer Medibank case for now
Class Actions 2023-05-12 1:26 pm By Sam Matthews

A judge aggrieved by the “plague” of competing class actions in the courts has temporarily stayed a second data breach class action against Medibank, and directed the health insurer to ask the privacy commissioner to drop the investigation of a third case.

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Opal Tower class action funder’s appeal of cuts to commission falls flat
Class Actions 2023-05-12 11:13 pm By Cat Fredenburgh

An appeals court has shot down funder Augusta’s challenge to a decision that cut its commission in the Opal Tower class action, putting funders on notice that they will have to marshal compelling evidence to win approval for their returns from an increasingly watchful court.

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Second investor class action against IG Markets looms
Financial Services 2023-05-12 4:17 pm By Christine Caulfield

IG Markets could be hit with a second class action by investors seeking to claw back hundreds of millions of dollars allegedly lost in trading in over-the-counter derivative products known as contracts for difference.

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Judge asks if he must ‘second guess’ legal advice in Linchpin class action
Class Actions 2023-05-12 3:54 pm By Cindy Cameronne

A judge overseeing an investor class action over the collapse of advisory firm Linchpin Capital has questioned whether he has to “effectively second guess” a law firm’s advice given to group members about a partial settlement. 

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Google says competition class action claims ‘make no sense’
Class Actions 2023-05-12 9:14 pm By Sam Matthews

Google has denied class action that it distorted competition in the app marketplace and left consumers paying higher prices, pointing out in its defence there are alternative app stores on its Android platform.

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OAIC to investigate group proceeding against Medibank
Privacy & Cybersecurity 2023-05-12 9:45 am By Christine Caulfield

The Office of the Australian Information Commissioner will proceed with an investigation of a class action-style complaint brought by Maurice Blackburn over Medibank’s data breach.

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7-Eleven class action judge OKs $2.25M in costs of settlement approval argument
Class Actions 2023-05-11 3:04 pm By Cindy Cameronne

A judge overseeing two 7-Eleven class actions has signed off on $2.25 million in costs incurred by the funder and lawyers in their pitched battle to win approval for the terms of a $98 million settlement, which included deductions of more than $44 million to cover commission and fees.

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IG Markets hit with class action over risky CFDs
Class Actions 2023-05-10 11:50 pm By Cat Fredenburgh

IG Markets has been hit with a class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading in risky financial products known as contracts for difference, or CFDs.

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Class action filed against Carnival over P&O ‘cruise from hell’
Class Actions 2023-05-10 1:03 pm By Christine Caulfield

Cruise operator Carnival is facing a third class action in Australia, this time on behalf of passengers aboard P&O’s Pacific Aria, which sailed from Brisbane into the path of a Category 5 cyclone six years ago.

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State flags High Court appeal in hotel quarantine class action
Appeals 2023-05-09 11:10 pm By Sam Matthews

The state of Victoria has foreshadowed a High Court challenge in its fight to stay a class action over the 2020 hotel quarantine in light of criminal action, an appeal it said raised issues relating to the “increasing and regular prosecutions” of government and corporate entities over health and safety laws.

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