Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the auditor was complicit in misleading the market.
The settlement figure in a class action against a unit of Suncorp Group has been revealed as $33 million, and super members are set to share in the net sum of $14 million, or 42.5 per cent of the deal.
A judge has granted a bid by the operator of Sydney’s billion-dollar Lane Cove tunnel to add a new claim in the five-year-old dispute alleging the concrete lining used in construction was defective.
A judge has slammed a $26 million penalty agreed to by Uber and the ACCC as “not within the range”, saying the impact of the rideshare giant’s misleading conduct appeared to be “trivial”.
Kmart Australia has resolved a case brought by UK-based Jellycat that accused the retailer of selling knockoffs of the plush toy designer’s signature ‘Bashful Bunny’.
A judge has allowed receivers to sell the Dover Heights mansion of Sydney fraudster Melissa Caddick without any distribution of proceeds, saying the sale “should take place post-haste”.
A judge has shot down ASIC’s bid for declarations against life insurer Select AFSL before a penalty hearing after finding that the insurer acted unconscionably when selling insurance over the phone.
PwC partners are facing “very serious” allegations that they had actual knowledge that a $30 million dividend payment to the director of now defunct tertiary education provider Cornerstone was unlawful.
Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.
Accounting firm Pitcher Partners wants to shut down a lawsuit brought by the Twigg family alleging it helped race car driver Max Twigg misappropriate $127.8 million in family trust money for himself.