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Omni Bridgeway escapes fallout for failure to seek approval of EY replacement at AGM
Accounting 2024-04-22 1:23 pm By Cindy Cameronne

A judge has retroactively validated the appointment of BDO as auditor for litigation funder Omni Bridgeway after EY resigned due to a class action conflict, saying the failure to seek shareholder approval for the appointment was not the result of a blatant disregard for its obligations. 

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Class action pioneer from Maurice Blackburn will ‘strive for fair’ as new judge
Courts 2024-04-19 11:06 pm By Sam Matthews

As the head of Maurice Blackburn’s class actions group he helped win hundreds of millions of dollars for claimants and shaped the jurisprudence around the practice. As the Victorian Supreme Court’s newest judge, Andrew Watson has promised to keep up the fight for fair.

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Westconnex class action paused as funder feuds with lead plaintiff
Class Actions 2024-04-19 12:51 pm By Cindy Cameronne

A class action against Transport for NSW over the alleged fraudulent acquisition of land to construct the $16 billion Westconnex tunnel in Sydney has been put on ice until the funder and the lead plaintiff can resolve a potential dispute. 

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Protest class action loses bid for confidential information from Victoria Police
Class Actions 2024-04-19 3:40 pm By Sam Matthews

A class action targeting Victoria Police over its use of capsicum spray against protesters has lost its bid to uncover confidential information about police crowd control tactics, after a judge found disclosure of the information could “endanger the public”.

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Judge OKs $16M Dixon Advisory class action settlement, awards competing funder a sliver
Class Actions 2024-04-18 3:14 pm By Cindy Cameronne

A judge has signed off on a $16 million settlement in a class action against Dixon Advisory, but the funder of a competing case that was stayed after losing a beauty parade has earned a fragment of the $1 million it sought from the resolution sum.

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Not ‘plainly wrong’: NSW appeals court sticks to guns on class closure
Class Actions 2024-04-17 1:12 pm By Cindy Cameronne

The NSW Court of Appeal has said it has no power to exclude group members who do not sign up to a class action from participating in a settlement, upholding a controversial decision that the Full Federal Court said was “plainly wrong”. 

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Latecomer class action to take first swing at Mercedes-Benz
Class Actions 2024-04-17 4:34 pm By Sam Matthews

The plaintiffs in two competing class actions against Mercedes-Benz over alleged defeat devices designed to cheat regulatory emissions tests have agreed to temporarily stay the first-filed proceeding so that one filed over a year later can go ahead, a court has heard. 

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Surgeons to pay $25M to settle breast implants class action
Class Actions 2024-04-16 10:58 pm By Sam Matthews

A group of surgeons who worked for The Cosmetic Institute are set to pay $25 million to settle a class action brought on behalf of 13,500 patients who claim they were injured by botched breast augmentation surgery.

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IOOF offered $6M to settle class action that ultimately flopped 
Class Actions 2024-04-15 11:02 pm By Andy Sidler

Investment manager IOOF has failed to persuade a judge that the applicant in a failed shareholder class action should face indemnity costs for rejecting a $6 million offer to settle the case.

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Super fund faces $40M class action by transport workers
Class Actions 2024-04-12 3:19 am By Cat Fredenburgh

Transport workers have lodged a $40 million class action against one of the country’s largest super funds for allegedly miscalculating their superannuation entitlements.

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