Fleet management company FleetPartners has been stung with a shareholder class action over a revised 2019 earnings guidance that doomed its planned merger with McMillan Shakespeare.
An investigation is underway against US medical device maker Exactech on behalf of patients who allegedly received faulty hip, knee or ankle implants.
BHP has won its argument that shareholders who did not purchase their stock while trading on one of the three exchanges on which the mining giant is listed are excluded from a securities class action over the collapse of a Brazil tailings dam.
General Motors is stuck with the full costs of the applicant in a Holden dealers’ class action as part of a settlement with the dealership, despite arguing it had intended by its offer to pay the costs incurred only by the lead plaintiff itself.
A franchisee class action against United Petroleum over the installation of allegedly loss-making Pie Face stores at its franchise sites has succeeded in fending off the petrol company’s bid for security, with a judge agreeing it would have a chilling effect on the unfunded case.
An investigation has been launched into a possible class action that would seek “housing justice” for Aboriginal tenants living in substandard public housing in Western Australia, following a landmark ruling by the High Court.
The government of Western Australia has agreed to pay up to $180.4 million to settle a class action on behalf of First Nations workers who were paid little or nothing over a 36-year period.
The government is seeking submissions for a review of widely criticised Morrison-era reforms that weakened continuous disclosure obligations, but the review may be hampered by the lack of case studies from the courts.
A class action against Philips Electronics over recalled sleep apnea machines is likely to proceed with a new lead applicant and law firm after the solicitor on record decided the case was not viable.
A class action over a December 2019 fire that was allegedly ignited by welding work on a rural property in NSW and spread out of control has settled for $4.5 million.