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Judges to up scrutiny of confidentiality in class action settlements
The decision by a federal judge to refuse calls for a confidentiality order keeping under wraps S&P Global's massive class action settlement is a welcome one, experts say, and a preview of judgments to come.
Bannister Law mulls direct life insurance class action
Bannister Law is investigating a possible class action against providers of direct life insurance, in the wake of an ASIC report that found many insurers used aggressive sales tactics and didn't provide consumers with enough information about the products they sold.
S&P, ANZ pay $215M to settle class actions over CDO ratings
S&P Global will pay $215 million to settle six consolidated class actions brought by investors over toxic CDOs, a figure revealed by the Federal Court on Thursday despite calls that it be kept secret.
$40M class action launched over Sydney Light Rail project
A group of 61 business owners has filed a class action against the NSW government alleging they suffered losses as a result of the Sydney Light Rail project.
Judge slams ‘uncooperative’ Volkswagen in dieselgate case
A Federal Court judge has criticised Volkswagen for being "uncooperative" in refusing to tell the court who authorised the defeat device at the heart of the auto giant's diesel emissions cheating scandal.
AMP wins bid to move class actions to state court
AMP has prevailed in a hard-fought fight over where it will defend five shareholder class actions brought in the wake of the Banking Royal Commission, in a precedent-setting judgement that provides a road map for future jurisdictional battles over competing class actions.
Lawyers look to expand class action against Ford
Lawyers wants to expand the class action brought against the Ford Motor Company of Australia over allegedly defective Powershift transmissions, seeking court approval to increase the class size and bring new unconscionable conduct claims.
Auto giants ready to talk settlement in Takata class actions
Six major car companies indicated Tuesday they were open to a quick settlement of class actions brought on behalf of potentially hundreds of thousands of Australian drivers whose cars were fitted with defective and deadly Takata airbags.
Judge won’t recuse himself from Bendigo Bank cases over Great Southern loans
A judge refused Tuesday to step down from two cases brought by Bendigo and Adelaide Bank seeking to claw back loans from group members in a settled class action over Great Southern Group's managed investment schemes, saying no apprehension of bias could arise.
Cult leader of ‘The Family’ denies abuse in class action defence
The leader of the notorious cult known as The Family, who is facing a class action by sect members who claim they were tortured and sexually abused as children in her care, has denied the allegations in a bare-bones defence.