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Octaviar investors appeal toss of class action against Queensland’s Public Trustee
Class Actions 2018-07-06 11:05 pm By Cat Fredenburgh

Investors in the failed Gold Coast finance group Octaviar are challenging a decision throwing out their class action, which alleged the Public Trustee of Queensland deserved some of the blame for their massive losses.

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Ford class action lawyers want ban on car maker talking to drivers
Class Actions 2018-07-06 3:36 pm By Christine Caulfield

The law firm leading a consumer class action against Ford wants a court order barring the car giant from communicating with the class about their individual claims and wants to know which, if any, group members it’s already spoken to.

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Judge throws out part of expert report in Queensland flood class action
Class Actions 2018-07-05 11:34 pm By Cat Fredenburgh

The judge overseeing a class action against dam operators Seqwater and Sunwater and the state of Queensland over the 2011 Queensland floods has thrown out part of an engineer’s risk assessment report on the dams submitted by Seqwater, as the marathon trial nears the end of its sixth month.

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Funder’s cut of S&P class action settlement to go under microscope
Class Actions 2018-07-05 11:25 pm By Christine Caulfield

The judge overseeing seven class actions against S&P Global Ratings over toxic financial products has appointed a barrister to advise him on whether to approve a confidential global settlement, which would give funder Litigation Capital Partners about half the payout.

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Class seeks to slash Quinn Emanuel, Vannin’s fees by millions
Class Actions 2018-07-04 10:52 pm By Miklos Bolza

The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have their costs slashed by millions of dollars, saying their fees left little of the settlement for group members.

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Firms abandon planned class actions against Retail Food Group
Franchises 2018-07-04 9:35 pm By Christine Caulfield

Law firm Maurice Blackburn has dropped plans for a class action against Retail Food Group alleging the franchisor misled shareholders about the long-term viability of its business model.

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Judge tosses sailor class action over Navy’s broken promise
Class Actions 2018-07-04 4:20 pm By Christine Caulfield

A judge has dismissed a proposed class action against the Commonwealth of Australia alleging it breached a contract to train enlisted Navy sailors to earn engineering degrees, ruling the contract void.

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Slater & Gordon to file class action against Brambles
Securities 2018-07-04 2:20 pm By Cat Fredenburgh

A shareholder class action will be filed against Brambles now that IMF Bentham has agreed to unconditionally fund the case over alleged misstatements related to the logistics company’s 2017 financial year sales and revenue forecasts.

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7-Eleven can make private settlement offers to class members, court says
Class Actions 2018-07-02 10:50 pm By Cat Fredenburgh

A judge has found 7-Eleven is free to make confidential settlement offers to individual members in two class actions brought by franchisees, shooting down a bid by the applicants’ lawyers to get the court involved in the convenience store giant’s communications with class members.

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Cash Converters must answer questions on tax treatment of brokerage fees
Class Actions 2018-07-02 10:30 pm By Cat Fredenburgh

A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new class action allegations that the brokerage fees it charged individuals who took out pay day loans were actually for services it received.

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