As trial enters its second week in a landmark case against S&P Global, a judge has signed off on a settlement of a separate class action against the U.S. credit ratings agency over its alleged role in the global financial crisis.
The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
Volkswagen cars equipped with a software fix implemented in the wake of the emissions scandal are still emitting 400 percent more noxious emissions on road than in lab tests, according to a new study by the Australian Automobile Association.
Class action firm Maurice Blackburn is calling for investors to join a lawsuit against Retail Food Group accusing the franchise giant of misleading the market about the long-term viability of its business model.
Volkswagen lost its bid Tuesday to exclude evidence from its own expert witness it claims has gone off script, an early blow to the car maker in the massive trial alleging it installed dual-mode software in diesel vehicles to cheat on emissions tests.
Litigation funder LCM said Monday it had agreed to finance a $100 million class action on behalf of fishing operators and seafood suppliers who claim they lost their livelihoods after dredging at Gladstone Port in southern Queensland.
Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative’s trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.
Publicly traded law firm Shine Lawyers has assured investors it can wage a successful defence against a $250 million class action claiming the firm misled shareholders about the value of ongoing business activities.
The class actions against car companies over defective Takata airbags are expected to dramatically grow after the first-of-its-kind mandatory recall announced by the government Wednesday.
Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon’s financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.