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Unfunded group members in two shareholder class actions against online fashion retailer Surfstitch have been told they are likely better off to opt out of a settlement if a judge approves $6 million in fees and a 30 per cent commission sought by the law firms and funder that brought the cases.
Mortgage lending and investment company RMBL has agreed to pay $3 million to settle a class action alleging it charged excessive fees on loans and made misleading representations under its contributory mortgage fund scheme.
The lead plaintiffs in two shareholder class actions against Dick Smith can amend their case against accounting firm Deloitte, less than two months before a mammoth hearing is set to commence.
The judge overseeing three class actions against the Commonwealth alleging contamination from the use of toxic firefighting foam at three naval bases has shot down the plaintiffs' bid for a formal communication reminding two referees of their role in the proceedings.
Companies and other defendants forked over big sums last year to settle more than 20 class actions, with a total of at least $734 million being paid out. Here are the top 10 class action settlements and the law firms and funders that negotiated them.
A judge has given his seal of approval to a $29 million settlement that resolves a class action over Radio Rentals' Rent, Try, $1 Buy scheme alleging customers were kept in the dark about the true cost of their rentals.
A law firm bringing the second of two cases by franchisees against Domino's Pizza is weighing a possible class action against the fast food giant.
The property developers behind two Canberra apartment complexes have been dealt a partial loss in two class actions against them, with a judge finding the developers misled the lead applicants about the GST payable on their units but that only some of them were entitled to compensation or restitution.
Canberra-based plaintiffs law firm Adero Law has hit back at claims by hospitality giant Merivale that their 3,000 employees would not benefit from a Fair Work class action seeking $129 million in allegedly unpaid wages, saying the concerns were "meaningless".
A settlement has been reached that brings an end to a class action against a Queensland law firm for allegedly charging personal injury clients excessive fees but does not resolve the claims of group members.