A judge has left open the possibility that aggregate damages could be awarded in a class action against US auto giant Ford on behalf of 185,000 vehicle owners over their defective cars.
In a major blow to the competition regulator’s high-profile price-fixing case over ANZ’s $2.5 billion capital raising, prosecutors have dropped all charges against the bank and its group treasurer, Rick Moscati.
A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to notify the presiding judge of the happy outcome was enough to remind the Victorian litigators what they had missed over the past 18 months.
Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.
The president of the peak body for barristers in Victorian has slammed the Andrews government’s proposed pandemic laws as “appalling”, and says claims that the bar association was consulted were not true.
The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.
The founder of troubled sports streaming start-up Sports Flick has filed a $12.7 million lawsuit against former investors seeking to be reinstated as director and shareholder of the company.
A third law firm has launched an investigation into a potential shareholder class action against Star Entertainment Group after a $1 billion share price nosedive on the back of allegations of lax management of anti-terrorism and money laundering risks.
NSW Chief Justice Tom Bathurst will retire after almost 11 years in office, saying it was time for the Supreme Court to be “reinvigorated”.
A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.