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Judge oks S&P deal in Lifeplan case, as another trial kicks off
Securities 2018-03-19 12:19 pm By Cat Fredenburgh

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.

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VW emissions cheating trial to wrap up Monday
Class Actions 2018-03-16 9:14 pm By Cat Fredenburgh

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.

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Study blasts Volkswagen recall fix
Competition & Consumer Protection 2018-03-15 9:54 pm By Cat Fredenburgh

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.

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Retail Food Group faces 2nd potential investor class action
Class Actions 2018-03-06 7:45 pm By Christine Caulfield

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.

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VW can’t quash own expert’s dual-mode testimony
Class Actions 2018-03-06 3:13 pm By Christine Caulfield

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.

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LCM to fund $100M class action over Gladstone Ports dredging
Class Actions 2018-03-05 7:39 pm By Christine Caulfield

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.

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Murray Goulburn class goes digging for Herbert Smith docs
Class Actions 2018-03-02 7:21 pm By Cat Fredenburgh

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.

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Shine confident it can defend shareholder class action
Securities 2018-03-01 7:19 pm By Cat Fredenburgh

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.

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Takata airbag class actions to balloon following mandatory recall
Class Actions 2018-02-28 10:49 am By Cat Fredenburgh

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.

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Slater & Gordon auditor denies blame for investors’ loss
Securities 2018-02-27 7:59 pm By Christine Caulfield

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.

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