Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class action against the engineering services company have failed to prove the breach caused any loss, a judge has found.
A judge has found that a lawsuit against the state of NSW over hundreds of allegedly illegal strip searches conducted by NSW police at music festivals over a six-year period should move forward as a class action.
Two law firms running competing class actions against Qantas over flight cancellations during the COVID-19 pandemic have agreed to cooperate after a judge took them to task for revising their funding positions in the lead up to a courtroom battle.
The funders that bankrolled a securities class action against collapsed engineering firm RCR Tomlinson will ask the court to give them an $8 million cut of a $40 million settlement. A further $12 million in legal fees means shareholders will get 50 per cent of the settlement sum.
A judge has awarded carriage of a class action against Toyota unit Hino to Maurice Blackburn, finding that the law firm’s experience and resources trumped those of small personal injury firm Gerard Malouf & Partners, despite its alliance with a large US firm.
A judge has signed off on a class action settlement under which the Commonwealth Bank of Australia will pay a sum towards the applicant’s costs but group members will recover nothing.
An investor class action against Virgin Australia has mounted a new challenge to a contentious indemnity clause, which the airline claims entitles it to receive periodic payments for its legal costs in defending the claims.
A Melbourne law firm is facing a class action on behalf of former clients it represented in litigation over childhood sexual abuse claims.
The lead plaintiff in a class action over Sydney’s light rail construction, who is seeking a $3 million judgment, has brought a novel bid for the NSW government to pay a funder’s 40 per cent commission as damages, rather than as a deduction from the amount owed to group members.
Mitsubishi Motors has prevailed before the High Court in a challenge to a ruling that it breached the consumer laws by affixing a fuel efficiency label to its Tritons, in a decision that puts a dent in a class action on behalf of tens of thousands of drivers.