A judge has rejected a class action law firm’s challenge to her decision to slash its fees in two underpayments class actions against supermarket chain Romeo’s after finding it “seriously breached” rules of the legal profession.
A judge has approved a $2.2 million settlement in a class action on behalf of Drakes store managers who were allegedly underpaid but has deferred her approval of fees charged by the law firm — the same firm that saw its fees cut in two similar class actions.
Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement of a class action alleging the fund’s trustee misled unit holders.
Crown Resorts has asked the court to appoint a contradictor to fight against a group costs order sought in shareholder class action accusing the casino giant of lax anti-money laundering compliance over a six-year period.
Despite objections from numerous group members, a judge has tossed an underpayments class action brought by a self-represented applicant against Wilson Security, ruling that class actions should not be run without lawyers.
Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly used investor money to advance the company’s business interests and line its directors’ pockets.
Construction firm CIMIC has foreshadowed a fight over “obscure” new pleadings in a two year-old shareholder class action alleging the company failed to keep the market informed about issues with its Middle East operations.
A judge who slashed the fees of a law firm that reached a $1.55 million settlement in two class actions against supermarket chain Romeo’s has expressed her “annoyance” at the firm’s attempt to tender time records to justify the bill.
As the FBI joins the hunt for the hackers behind last week’s massive data breach at Optus, a second law firm has launched an investigation into possible claims against the telecommunications giant.
The applicant in an investor class action against Virgin Australia plans to appeal a judge’s decision requiring litigation funder Balance Legal Capital UK to give the airline an indemnity in order to bring the proceedings, saying the indemnity “substantially changes the risk calculus” for group members.