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Funder’s commission holding up Opal Tower class action settlement
Class Actions 2022-10-11 9:56 pm By Sam Matthews

A $13 million commission sought by the funder that bankrolled the Opal Tower class action is stalling settlement approval, as debate continues over whether the funder can recoup the costs of after-the-event insurance from group members.

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PTTEP’s appeal of class action ruling delayed as lawyers, funder engage in secret stoush
Class Actions 2022-10-11 11:45 pm By Christine Caulfield

PTTEP Australia’s appeal of a class action finding that it breached a duty of care to thousands of farmers impacted by the 2009 Montara oil spill has been put on hold amid a fight between the funder and lawyers that is cloaked in confidentiality.

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$800M class action to accuse IG Markets of unconscionable conduct over risky CFDs
Class Actions 2022-10-10 1:42 pm By Christine Caulfield

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

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Boston Scientific drops gag clause from $105M settlement after judge airs concerns
Class Actions 2022-10-10 2:40 am By Cindy Cameronne

US medical device manufacturer Boston Scientific has withdrawn a controversial gag clause from of its $105 million deal to settle a class action by women allegedly injured by pelvic mesh devices after a judge raised concerns about its legality.

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Teleco contractor BSA can’t get costs for winning class action side spat
Employment 2022-10-10 11:33 pm By Christine Caulfield

Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won’t be recouping the costs of legal action to exclude a $13 million capital raising from the settlement.

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Toyota unit hit with class action for cheating on emissions tests
Class Actions 2022-10-07 3:10 pm By Cat Fredenburgh

Japanese truck maker Hino has been hit with a class action alleging the Toyota unit misrepresented that it vehicles met Australian emissions and road standards over a 20 year period, after the car company admitted to cheating on emissions and fuel economy tests in Japan.

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‘Virtually nothing has been done’: Judge shreds firm for lag in $300M J&J settlement
Product Liability 2022-10-07 11:20 pm By Sam Matthews

A judge has savaged Shine Lawyers over its failure to present a signed settlement agreement to the court a month after Johnson & Johnson Medical and unit Ethicon agreed to pay $300 million to settle two pelvic mesh class actions, ordering the firm to explain on the record what steps have been taken to finalise the settlement.

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Law firm files class action-style complaint against Optus over data breach
Privacy & Cybersecurity 2022-10-07 10:56 pm By Cat Fredenburgh

Optus has been hit with a class action-style complaint over a massive data breach that exposed the personal information of up to 1o million current and former customers.

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Doctor’s wife to be pulled into class action against plastic surgeon Daniel Lanzer
Class Actions 2022-10-07 3:53 pm By Sam Matthews

The lead applicant in a class action against Sydney-based plastic surgeon Daniel Lanzer and four of his associates wants to join the wife of one of the doctors named in the suit, brought on behalf of patients who allegedly suffered “horrific” consequences from surgeries performed at Lanzer’s clinic.

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Law firm loses fight over legal fees in Romeo’s class actions
Class Actions 2022-10-06 3:18 am By Cindy Cameronne

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. 

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