Insurer QBE wants to downsize a massive class action brought against it and banking giant ANZ over the sale of allegedly worthless add on insurance.
Just four months after paying $32 million to settle a shareholder class action over disclosures relating to allegations of foreign bribery, engineering services company CIMIC faces another class action, this one alleging failures to keep the market informed about issues with its Middle East operations.
The Labor party will look to cross benchers in the Senate to overturn the Morrison government’s new rules governing class action funders, saying the regulations would make litigation more expensive.
A judge has signed off on a settlement that releases ANZ from two class actions by 7-Eleven franchisees that alleged the bank engaged in unconscionable conduct and breached responsible lending laws by providing loans to purchase outlets of the convenience store giant.
A judge has signed off on a $10.5 million settlement in a class action over the 2015 Scotsburn bushfire in Victoria, but slashed the costs of the law firm that brought the case by over $1 million.
Woolworths-owned liquor store chains BWS and Dan Murphy’s are facing a class action investigation for allegedly underpaying staff.
Treasury Wine Estates has challenged a ruling that Maurice Blackburn did not breach its obligations by using material from a now settled class action against it to draft new class action pleadings.
Two National Australia Bank units are trying to shut down a Maurice Blackburn-led class action over alleged superannuation mismanagement, claiming that the proceeding was invalidly commenced in the Supreme Court of Victoria.
A judge has dismissed a class action accusing Government ministers of misfeasance in public office over the practice of securing Nauruan visas for those detained on the island.
The Commonwealth Bank of Australia has been hit with another class action for allegedly pushing insurance policies with excessive premiums onto customers.