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Optus, Foxtel contractor settles ‘sham’ contracting class action
Class Actions 2022-03-09 10:43 am By Christine Caulfield Melbourne

Teleco contractor BSA has reached an in-principle settlement resolving a class action that accuses the company of misclassifying its workforce of technicians as independent contractors.

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Settlement talks in Astora pelvic mesh class action ‘well advanced’
AJB Stevens 2022-03-03 9:57 pm By Miklos Bolza Sydney

Settlement talks in a class action brought by Shine Lawyers against Astora Women’s Health on behalf of women injured by allegedly defective pelvic mesh products are “well advanced”, while mediation in two similar actions is ongoing, a court has heard.

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Class action waiver in Ruby Princess cruise T&Cs not unfair, court told
Amy Reid 2022-02-14 9:51 pm By Christine Caulfield Melbourne

A class action waiver in the terms and conditions of tickets purchased by US passengers embarking on the fateful Ruby Princess cruise at the height of the first COVID-19 wave was neither unfair nor onerous, an appeals court has heard.

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IOOF class action to get ASIC files on abandoned insider trading probe
ASIC 2022-02-08 4:00 pm By Sam Matthews Melbourne

The corporate watchdog has been subpoenaed for its investigation files in the latest development in a protracted discovery fight in a shareholder class action over alleged misconduct by wealth manager IOOF.

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ASIC grills brother of former Nuix CFO as part of insider trading probe
Andrew O'Brien 2022-02-07 10:01 pm By Christine Caulfield Melbourne

The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its ongoing investigation of the troubled tech company.

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In latest setback for shareholder class actions, judge finds Iluka did not breach disclosure rules
Caspar Conde 2022-02-07 11:21 am By Christine Caulfield Melbourne

Investors have lost their class action against Perth-based Iluka Resources, the latest shareholder class action to fail after pushing through to trial.

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Astora Health says $27M best bet for class action members, warns of ‘financial difficulties’
Baker McKenzie 2022-02-01 12:50 pm By Cat Fredenburgh Melbourne

Astora Women’s Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that “financial difficulties” may prevent it from meeting any judgment if the case succeeds at trial.

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McDonald’s hit with third lawsuit over unpaid rest breaks
Class Actions 2022-01-25 9:51 pm By Cindy Cameronne Sydney

McDonald’s has been hit with a lawsuit on behalf of 339 employees across four states alleging it systematically failed to give workers paid 10-minute breaks, a month after a class action was filed against the fast food giant for allegedly denying workers rest breaks.

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Dixon Advisory files for administration, blaming class actions
ASIC 2022-01-19 10:40 am By Cat Fredenburgh Melbourne

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty it agreed to pay in ASIC proceedings mean it is likely to become insolvent in the future.

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AUSTRAC widens probe into Star Entertainment as class actions loom
AUSTRAC 2022-01-14 11:18 pm By Cat Fredenburgh Melbourne

AUSTRAC has expanded into investigation into Star Entertainment’s compliance with anti-money laundering laws, two months after a third law firm announced a shareholder class action investigation into the casino operator on the back of damning media reports.

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