A judge overseeing a class action against The Cosmetic Institute over allegedly botched breast implants has agreed to an opt out notice that will be sent to class members only through Facebook and Instagram.
Scenic Tours wants the High Court to weigh in on a mixed ruling that left the luxury cruise company facing economic damages in a class action alleging they misled customers who were forced to take the bus.
Law firm Johnson Winter & Slattery has filed its defence against a cross claim by accounting giant PricewaterhouseCoopers in a shareholder class action over the collapse of Vocation, pointing to an email that shows the training company was advised of its disclosure obligations to the market.
Seven class actions against auto makers that sold cars equipped with defective Takata airbags can allege the car makers’ silence constituted misleading and deceptive conduct.
A judge has expressed skepticism of Bannister Law’s plan to hire powerhouse US lawyer Kenneth Feinberg, who oversaw theĀ September 11th victims compensation and BP oil spill funds, to mediate class actions against Volkwagen over its emissions cheating scandal, saying the car maker had shown no interest in settling despite the risk of “horrendous” penalties.
A judge has signed off on a $6.7 million settlement in a shareholder class action against mining firm MacMahon Holdings that will see group members get $2.4 million, or 35 per cent, of the total sum.
The funder that’s bankrolling a shareholder class action against Murray Goulburn is seeking court approval for a funding agreement under which it would get a 28 per cent cut of any settlement.
Maurice Blackburn stands to walk away with $5.8 million for its work on a consumer class action against Cash Converters that resulted in a $16.4 million settlement.
IOOF’s chairman and CEO are stepping down to defend against a Federal Court action by Australia’s financial regulator seeking to have them, along with three other executives of the embattled wealth manager, disqualified from acting as superannuation trustees.
A shareholder class action led by Bannister Law against sandalwood oil producer Quintis will be absorbed by rival law firm Gadens in a consolidation agreement that ends a battle over the competing cases.