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In victory for class action, judge says bad breast implant claims can advance
Anthony McInerney 2022-05-20 10:45 pm By Cat Fredenburgh

The applicants in a class action against The Cosmetic Institute and twelve doctors over allegedly “incompetent” breast augmentation surgery have won court approval to expand their case to allege misleading and deceptive conduct and breaches of the consumer guarantees in the Australian Consumer Law.

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Crown’s $125M class action settlement wins court approval but no CFO for funder
Bret Walker 2022-04-29 1:12 pm By Christine Caulfield

A judge has signed off on a $125 million settlement to resolve a shareholder class action against Crown Resorts over disclosures relating to its Chinese gambling operations, but has shaved $1 million from the funder’s proposed commission.

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US shareholders ask court to reject $31M payout for Crown class action funder
Bret Walker 2022-04-28 9:35 pm By Christine Caulfield

US institutional shareholders who joined a class action against Crown Resorts that settled on the eve of trial for $125 million are urging the Federal Court to slash the funder’s commission by $4.65 million.

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Deloitte strikes back in Noumi class action over $590M write-down
Accounting 2022-04-21 5:03 pm By Cindy Cameronne

Deloitte and Noumi, formerly known as Freedom Foods, have pointed the finger at one another in a consolidated shareholder class action, with the accounting giant saying the food company made misleading representations in its financial reports and should be on the hook for its costs in defending the lawsuit.

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Insurer has second crack at dodging doctor’s class action defence costs
Appeals 2022-02-17 9:32 pm By Bianca Hrovat

Avant Insurance has challenged a Federal Court judge’s interpretation of the Insurance Contracts Act in its second attempt to avoid liability for the defence costs of a plastic surgeon named in a class action brought over botched breast augmentations.

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Fees for no service class action must clarify ‘serious allegations’ against AMP
AMP 2021-11-02 4:27 pm By Cindy Cameronne

A judge has ordered a class action against AMP to provide more detail in its case accusing the financial services firm of failing to disclose information to shareholders about allegedly misleading ASIC and charging clients fees for no service.

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Judge won’t let two class actions against Freedom Foods, Deloitte run in parallel
Alistair Pound 2021-09-22 1:59 pm By Miklos Bolza

A judge has rejected an application by the plaintiffs in two class actions against Freedom Foods and Deloitte to run their cases side-by-side, but said she would have granted a bid to consolidate the proceedings had that been sought.

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MIS regime poses ‘real risk’ to consolidating Freedom Foods class actions, court told
Accounting 2021-09-17 10:16 pm By Miklos Bolza

Recent changes to the law requiring funded class actions to be registered as managed investment schemes have complicated the question of how best to resolve the multiplicity issue in two class actions brought against Freedom Foods and Deloitte.

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‘Fruits of victory’ can’t be denied pending insurer’s class action indemnity appeal
Appeals 2021-09-17 6:51 pm By Cindy Cameronne

Avant Insurance has lost a bid to pause an order that it pay $371,000 in the legal costs of a surgeon facing a class action by breast implant patients of defunct clinic the Cosmetic Institute while the insurer’s appeal is pending.

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Insurer must cover breast implant doctor’s class action defence costs
Carter Newell 2021-07-06 1:29 pm By Christine Caulfield

A surgeon facing class action claims from breast implant patients of the defunct The Cosmetic Institute has won his legal battle against an insurer that denied coverage for his defence costs.

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