A judge has approved a settlement in a class action against Monsanto under which group members will get nothing, after he rejected claims that the company’s Roundup weed killer is carcinogenic.
The Full Court has found an executive at the company behind the Ultimate Fighting Championship gym franchise should not be on the hook for a $5 million judgment awarded to three franchisees.
On appeal of a $6 million judgment for misleading statements, Dominique Grubisa and her wealth education company DG Institute have argued her advice was based on faulty knowledge, not ill intentions.Ā
A law firm is investigating a class action against Carnival and Royal Carribean over their casinos following the death of a cruise ship passenger in May.
Social media companies will face hefty fines of up to $50 million for violating a ban on kids under 16 accessing their platforms.
CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.
The Full Court has heard that a judge’s finding on materiality in two failed shareholder class actions against CBA could haveĀ ātroublingā repercussions for insider trading cases and must be overturned.
Coles and Woolworths face a possible second class action over alleged dodgy discounts the subject of enforcement action by the consumer watchdog.
Two failed class actions against CBA claim a judge used a āfar too onerous testā for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.Ā
The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.