Payments processing company EML is the target of a shareholder class action investigation over its alleged failure to timely alert the market to concerns about its money laundering risk and control systems.
A Victoria Supreme Court judge weighing for the first time an application by a law firm for a percentage cut of recoveries in class actions has been told to reject the bid because group members would fare better under the firm’s current no win, no fee funding arrangement.
Payments provider Tyro is facing two potential class actions over a days-long terminal outage that left many businesses unable to accept payments, the first of which is expected to be filed “imminently”.
Engineering giant UGL will file proceedings against two unions seeking to block them from funding an underpayments class action on behalf of casual workers, with a judge noting the Full Court may need to weigh in on whether unions can fund class actions.
Global resources giant BHP Group has lost an appeal in its fight to exclude foreign investors from a shareholder class action over the 2015 Fundao dam disaster, after arguing the class action regime applies only to those in Australia.
Many junior lawyers bemoan getting stuck reviewing discovery when they first start their careers, but for barrister Jennifer Collins it is one of the best parts of the job.
The judge overseeing a conflicted remuneration class action against Suncorp has locked in a trial date for May next year over the protests of the applicants, saying it was “not a good look” for class actions to “hang” around.
Drawn in by economic incentives, more defence law firms are getting in on the class actions action, but playing both sides may have its drawbacks.
Change has never fazed Slater and Gordon practice group leader Mathew Chuk, who has used the ever-evolving class action world and tumultuous times at his law firm to build an impressive career.
Two class actions over Victoria’s botched handling of the COVID-19 hotel quarantine program alleged to be responsible for the state’s second pandemic wave plead a novel duty of care that doesn’t exist, a court has heard.