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IOOF to face expanded misconduct allegations in shareholder class action
A judge has given the green light to expanded misconduct allegations in a shareholder class action against IOOF, including claims of insider trading and front-running.
Low GetSwift class action settlement to get OK despite ‘slam dunk’ case
A judge has indicated he will approve the 'very low' GetSwift class action settlement because the company appeared to be broke, but the law firm behind the case has been pulled up by the court for a previous costs estimate that has blown out by $3 million.
Judge won’t send CFO application in 7-Eleven class action to Full Court
A judge has declined a contradictor's calls to send an application for a common fund order in a class action against 7-Eleven, which recently settled for $98 million, to the Full Court.
‘Cranky’ judge slams ‘disgraceful’ year-long privilege fight in class action against Westpac units
A judge has scolded Slater & Gordon and two Westpac subsidiaries for a "disgraceful" privilege spat in a class action over allegedly excessive superannuation fees that he said had "gone badly off the rails".
EY was ‘uncooperative’ during Slater & Gordon audit, court hears
A former partner at accounting firm Pitcher Partners has told a court that he had issues working with Ernst & Young on an audit of law firm Slater & Gordon, calling the Big 4 firm "uncooperative".
Judge throws out challenge to funding for Queensland energy class action
A judge has thrown out a lawsuit that argued the funding for a class action against two Queensland energy generators didn't comply with new regulations targeting litigation funders, and said a landmark judgment that held class action funding agreements were managed investment schemes was conceptually incoherent and ripe for a Full Court challenge.
Ex-Pitcher Partners boss agrees Slater & Gordon audit went ‘off the rails’
A former partner at accounting firm Pitcher Partners has testified during a shareholder class action trial that he should have questioned statements about the viability of Slater & Gordon’s $1.2 billion Quindell acquisition, but ran out of time because its audit of the firm went “off the rails”.
Judge shoots down Colonial First State’s bid for warning in class action opt out notice
A judge has knocked back Colonial First State’s bid to warn around 100,000 group members that even if they opt out of a class action against the wealth management firm they might still be bound by the outcome of the case.
7-Eleven class action contradictor says settlement CFO bid should go to Full Court
A contradictor asked to weigh in on a $98 million settlement in class actions against 7-Eleven has said the Full Federal Court should decide an application by the funder for a common fund order, citing the importance of the issue.
Class action investigation targets NSW Police over strip searches at music festival
NSW Police may be hit with a class action for allegedly subjecting attendees of the Splendour in the Grass music festival to "invasive and traumatic" strip searches.