Westpac has lost a bid to keep group members in the dark about the premiums paid for allegedly worthless consumer credit insurance, information the bank said could inflate expectations about settlements worth $126 million reached in three class actions.
Medibank faces a representative proceeding over last month’s data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.
A judge has cut a funder’s commission by 33 per cent after approving a $20 million settlement in a sham contracting class action against telco contractor BSA Limited, finding that funders should receive “significantly lower” payouts in employment cases.
A shareholder class action against a2 Milk has won its bid to include claims under New Zealand law over the dairy company’s disclosures to the New Zealand stock exchange.
A judge has pulled up legal teams in a class action against the state of Victoria on behalf of businesses that allegedly suffered loss from the 2020 hotel quarantine debacle, saying progress in the case has been “extremely slow”.
The funder bankrolling the settled class action against oil exploration company PTTEP wants a court-ordered injunction against a barrister to prevent him from giving independent legal advice to the lead applicant about his claim.
A judge has approved a $33 million settlement in a class action against vocational education provider Box Hill Institute, but taken the ax to a law firm’s proposed 18.25 per cent loading on its fees, saying courts shouldn’t approve uplifts for run of the mill legal work.
Despite recent class actions against Medibank and Optus for cybersecurity breaches, class actions over cyber attacks will not become common because they involve “a lot of work for not a lot of money”, a lawyer has predicted.
The judge whose ruling against the legal team behind the Banksia class action fraud helped redeem the battered reputation of the civil justice system may be asked to disqualify himself from the final fight in the drawn out case.
A judge has approved a confidential settlement in a class action on behalf of 383 apartment owners in Sydney’s Opal Tower but slashed the amount sought by the funder.