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Funder behind Westconnex class action seeks fourth firm to run case
Class Actions 2024-07-08 11:49 pm By Cindy Cameronne

A funder bankrolling a class action against the NSW government over the construction of Sydney’s $16 billion Westconnex tunnel is locked in a dispute with the lead applicants over $135,000 held in a trust account, and wants to replace the plaintiffs and their solicitors, the third group of lawyers to run the case.

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Contingency fees for class action lawyers are allowed, says Full Court
Class Actions 2024-07-05 11:05 am By Cindy Cameronne

Lawyers are allowed to take a cut from a class action settlement or judgment under a so-called solicitors’ common fund order, the Full Federal Court has ruled, saying they are a permissive use of the court’s power.

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Solicitors’ CFO ruling to bring more class actions to Federal Court, firms say
Analysis 2024-07-05 11:45 pm By Cindy Cameronne

The Federal Court is set to become a more attractive forum for class actions now that the Full Court has confirmed it has power to make orders granting solicitors a contingency fee from any settlement or judgment in a group proceeding.

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Class action investigation targets OTR Group’s Smokemart & Giftbox chain
Class Actions 2024-07-05 11:53 pm By Christine Caulfield

OTR Group’s network of Smokemart and Giftbox stores face a potential class action that would allege the chains breached employment laws by depriving workers of breaks during shifts.

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DePuy class action member loses challenge to compensation, 12 years after settlement
Class Actions 2024-07-05 10:41 pm By Sam Matthews

A group member in a class action against Johnson & Johnson unit DePuy International has lost his bid to challenge his compensation determination 12 years after the case settled, with a judge finding that the independent counsel conducting the determination was not bound by the rules of procedural fairness.   

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Law firms take aim at rival’s ‘copied’ pleadings in battle to run IC Markets class action
Class Actions 2024-07-04 11:08 pm By Sam Matthews

In a contest to run a class action against International Capital Markets over risky derivative products, a proposed consolidated proceeding has taken aim at third-to-file Banton Group for allegedly copying its case. 

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PwC to pay $8.25M to settle class action over bond prospectus
Class Actions 2024-07-03 11:30 pm By Cat Fredenburgh

PricewaterhouseCoopers has agreed to pay $8.25 million to settle a class action on behalf of Axsesstoday bondholders over an allegedly misleading bond prospectus, bringing the settlement total to $9.5 million after a group of insurers agreed to pay $1 million to settle the class action’s claims.

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Mayne Pharma reaches settlement in class action over antitrust probe
Class Actions 2024-07-02 11:46 am By Christine Caulfield

Generic drug maker Mayne Pharma has resolved a shareholder class action centred on disclosures connected to price-fixing claims by US regulators.

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Nine to pay $3M to settle class action over Palm Island coverage
Class Actions 2024-07-01 11:59 pm By Cat Fredenburgh

Nine will pay $3 million to settle a class action over its coverage of litigation related to the 2004 Palm Island riots, it has been revealed, after the class action failed to suppress the settlement sum.

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Racial discrimination class action against NT Government to be dropped
Class Actions 2024-07-01 11:12 pm By Cindy Cameronne

The lead applicants are seeking to drop a class action against the Northern Territory government over its alleged failure to properly fund essential health services and interpreting services in remote Indigenous communities.

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