The judge overseeing a class action against Qoin cryptocurrency issuer BPS Financial and several related companies has questioned the level of precision required of the pleadings, as the company fights the applicant’s bid to amend its case for the fourth time.
A judge has declined to stay a class action against BPS Financial, the issuer of cryptocurrency Qoin, in light of similar ASIC proceedings.
A shareholder class action against defunct fund manager Blue Sky Investments and others will be filed by the end of the year, Lawyerly has learned.
The Western Australian state government has hit back at a class action brought by Indigenous workers seeking to recover unpaid wages, saying there was no breach of duty because the law at the time allowed the workers to be employed without pay.
A law firm may soon have more ammunition to back a potential shareholder class action against Blue Sky Alternative Investments, its former directors and auditor Ernst & Young.
A landmark judgment by the Full Federal Court has found that a full bench of the Fair Work Commission “misconstrued” its own authority to make general protections findings about the dismissal of employees.
A common fund order made at the outset of a class action against the state of Queensland over stolen wages opened the historic $190 million settlement up to “thousands more” disadvantaged people who were affected by the state government’s “discriminatory, unjust…and disgraceful” policies, a judge has said.
A common fund order granting the litigation funder behind the stolen wages class action 20 per cent of a $190 million settlement remains in force after a High Court judgment that did away with such orders, a judge has found.
Companies and other defendants forked over big sums last year to settle more than 20 class actions, with a total of at least $734 million being paid out. Here are the top 10 class action settlements and the law firms and funders that negotiated them.
Calling it the largest human rights case in Australia’s history, a judge has signed off on a $190 million settlement in a class action against the State of Queensland and approved the funder’s 20 per cent cut of the proceeds.