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.
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.
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.
Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.
The lead applicant in a class action against Murray Goulburn has lost a bid for access to documents showing the dairy cooperativeâs trust consulted with a QC about possible negligence claims against Herbert Smith Freehills.
The judge overseeing a massive class action against Ford over its PowerShift transmission has vacated the trial date, blaming the lead applicant’s numerous “procedural failures”.
A NSW Supreme Court judge has voiced concerns in an unprecedented jurisdictional battle that a decision that leaves competing class actions against AMP still raging in separate courts may force the Federal Court into a corner.
Litigation funder JustKapital went on the attack in court on Wednesday, saying Westpac’s objections to the terms of a proposed funding order in a class action against the bank were dangerously suspect.
The Full Court has invalidated a blanket policy by the Secretary of the Department of Home Affairs to seize mobile phones from detainees held within immigration detention centres, in a class action filed on behalf of detainees.Â
The judge overseeing the Maurice Blackburn-led shareholder class action against Slater and Gordon that resulted in a $36.5 million settlement has signed off on additional costs for the law firm and the funder that backed the case.