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Competing Qantas class action on the cards, court urges firms to avoid fight
Competition & Consumer Protection 2023-10-12 10:59 am By Cindy Cameronne

A second law firm is likely to throw its hat in the ring to run a competing class action against Qantas over flight cancellations in the COVID-19 pandemic, but a judge has made orders trying to side-step a carriage fight, criticising them as “wasteful and expensive”. 

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Competition class action against AGL Energy in doubt after funder exits
Energy & Natural Resources 2023-10-12 11:26 pm By Sam Matthews

The future of a competition class action against AGL Energy is in doubt after being abandoned by its funder, despite evading the energy supplier’s bid to dismiss the case.

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Are settlement CFOs OK? Full Court to finally have its say
Class Actions 2023-10-11 11:19 pm By Christine Caulfield

With bated breath class action litigators and funders have waited for this day, when the Full Federal Court decides the question of power to make common fund orders at settlement. They aren’t the final arbiters, but the judges’ ruling may be no less important for that.

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Class action filings down but data breach cases to increase: report
King & Wood Mallesons 2023-10-11 11:12 pm By Sam Matthews

Despite an influx of data breach class actions and a large number of competing proceedings, the past financial year has seen the lowest number of new class actions filed in six years, according to a new report.

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Settlement in sovereign bond class action gets court’s nod
Class Actions 2023-10-11 11:31 pm By Sam Matthews

A judge has approved the settlement of a class action brought on behalf of sovereign bondholders over the disclosure of climate change risks, despite a late scrap with the government over whether the deal puts a stop to future cases.

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Class action investigation underway into Cipro antibiotic
Class Actions 2023-10-11 3:30 pm By Sam Matthews

An Australian law firm is investigating a class action against drug manufacturers over a commonly prescribed antibiotic said to cause “disabling” side effects, including nerve damage and psychosis.

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NAB ‘obliged’ to charge adviser fees at issue in class action, court told
Trials 2023-10-10 10:10 pm By Cindy Cameronne

NAB unit NULIS Nominees was not only allowed to charge superannuation fund members fees for adviser commissions, it was “obliged” to do so, a court has heard during a class action trial over alleged conflicted remuneration. 

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Seven year-long investor class action over AFSL ‘racket’ headed to High Court
High Court 2023-10-10 1:02 pm By Cindy Cameronne

A class action against a director of defunct financial services firm Hodgson Faraday is headed to the High Court after seven years of litigation, with the director appealing findings that he was involved in misleading South Korean investors.

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Trial kicks off in adviser fee class action against NAB
Trials 2023-10-09 10:45 pm By Cindy Cameronne

NAB unit NULIS Nominees was “hopelessly conflicted” in continuing to charge allegedly unlawful adviser commissions to superannuation fund members, a court has heard on the first day of a class action trial.

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Westpac hit with another superannuation class action
Class Actions 2023-10-09 11:56 pm By Cat Fredenburgh

Westpac has been hit with a class action for allegedly overcharging superannuation customers for insurance coverage, months after paying $30 million to settle a separate superannuation class action.

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