A judge on Tuesday consolidated two shareholder class actions against life sciences company Sirtex Medical and appointed Maurice Blackburn as lead lawyers for the joint proceedings.
Quinn Emanuel has been forced to bow out as class action counsel in a case against Bank of Queensland after litigation funder Vannin Capital called for the law firm’s $4 million fee to be challenged.
The Federal Court has ruled that the Ford Motor Company of Australia engaged in unconscionable conduct towards customers complaining about their troubled PowerShift transmission systems, and ordered the company to pay $10 million in penalties.
Clayton Utz’s public statements referencing its terms of engagement with AMP in drafting an independent report are irrelevant if it knew the document was destined for the corporate regulator, legal experts say, and transcripts from the Royal Commission suggest the law firm did know.
Mining company Iluka Resources has been hit with a shareholder class action alleging it breached its continuous disclosure obligations regarding its zircon sales.
The judge presiding over jostling shareholder class actions against logistics software company GetSwift suggested on Tuesday a “bill of peace” to join the actions, but lawyers leading the competing cases warned of the “economic hazard” of a merger.
Class action firm Slater & Gordon is preparing an investor class action against logistics company Brambles over alleged misstatements about revenue and sales growth for the 2017 financial year.
Business litigation firm Quinn Emanuel Urquhart & Sullivan is examining a possible shareholder class action against AMP after the Royal Commission exposed damning revelations concerning the financial giant.
Malaysia Airlines has reached agreements to end two cases in Australia brought by families of people who died when a Malaysia Airlines plane was shot down by a missile over Ukraine in 2014.
A Federal Court judge has criticised the lack of progress in a major class action brought against Ford Australia, telling the applicantās barrister to āget his act togetherā.