Gold mining company Evolution Mining is facing a shareholder class action for its alleged failure to disclose issues with the performance of its Canadian gold mine.
A class action against Allianz over alleged junk add-on insurance has settled for $170 million, with two law firms set to take 25 per cent of the payout under a group costs order.
Law firms running competing consumer class actions against Harvey Norman have failed to reach an agreement to join forces, setting the stage for a multiplicity fight this year.
A judge has cut Slater & Gordon’s 33% contingency fee in a class action against Insurance Australia, saying it was too high since there was nothing “particularly novel” about the case.
General Motors is facing a class action over Holden vehicles allegedly fitted with faulty transmission systems over the last 13 years.
A judge has signed off on a $38 million settlement in a shareholder class action against Mayne Pharma but has slashed a 27.9 per cent commission for the funder that backed the case. Victorian Supreme Court Justice Andrew Watson approved the settlement on 19 December, including $6 million in legal costs and a 25.7 per…
Hino Motors has agreed to pay $87 million to settle a consumer class action alleging it misrepresented that its vehicles met Australian emissions and road standards over a 20-year period.
The Full Court has rejected wealth guru Dominique Grubisa’s argument that a judge who slapped her and her company with a $6 million penalty wrongly confused the ordinary consumer with “the most ignorant”.
Johnson & Johnson has been hit with a class action for allegedly pushing ineffective cold and flu medications containing phenylephrine onto customers for decades.
A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.