Business slams class action lawfare firms
Financial Review » Class action
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3h ago
Business groups warn shareholders could be hit with billions of dollars in lawsuits backed by deep pocketed hedge fund investors under the Albanese government’s free-for-all class action setting ..read more
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Super fund sued over customers’ unpaid penalties in ‘unique’ case
Financial Review » Class action
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1w ago
The claim that ESSSuper left customers more than $40 million out of pocket could prove a test case on how rigorously the $3.6 trillion industry is held accountable for meeting its trustee duties ..read more
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Uber pays Aussie taxi drivers $272m in class action settlement
Financial Review » Class action
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1M ago
Lawyers behind one of the top five class actions in Australian legal history say the US giant will pay compensation for initially operating illegally ..read more
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ASX extends rout; Markets’ big test; Uber pays taxi drivers $272m
Financial Review » Class action
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1M ago
Read everything that’s happened in the news so far today ..read more
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NAB, Virgin Money prevail in British lawsuit
Financial Review » Class action
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1M ago
National Australia Bank and its former UK unit, Virgin-owned Clydesdale, have fended off what could have become a potentially costly class action ..read more
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Childcare giant G8’s $46m ‘no admission’ settlement
Financial Review » Class action
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1M ago
Even with insurance, shareholders will still take a hefty hit after the board decided to settle for “commercial” reasons ..read more
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Downer EDI sues KPMG for failing to detect accounting irregularities
Financial Review » Class action
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1M ago
The contractor has sought to blame its auditor for the scandal, which wiped some $500 million from its valuation, forcing the firm to quit as auditor ..read more
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KPMG knew AusNet contract was a ‘risk,’ Downer claims
Financial Review » Class action
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1M ago
The firm had flagged the agreement with the utilities group and should have discovered revenue was overstated, the contractor had alleged ..read more
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Class action juggernaut with $800m war chest is here
Financial Review » Class action
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2M ago
Global class action law firm Pogust Goodhead is chasing BHP over its role in the Samarco mine disaster in Brazil, and the firm says it has more local companies in its sights ..read more
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The week that put ‘green lawfare’ in the dock
Financial Review » Class action
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3M ago
Claims against fossil fuel projects based in Indigenous cultural heritage suffered a setback after the emphatic dismissal of a case blocking Santos’ Barossa project ..read more
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