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Holders of Aussie cryptocurrency Qoin threaten class action
An issuer of Gold Coast-based cryptocurrency Qoin may be hit with a class action by investors claiming it is a “token of no utility”.
Binding statement as good as class action in age pension case, judge told
The federal government is seeking to avoid a representative proceeding brought on behalf of Indigenous men alleging its failure to “close the gap” in life expectancy necessitates a lower age eligibility for their fair and equal access to the age pension.
Law firm wants to use class action list to help group members in Tandem liquidation
Shine Lawyers is seeking court permission to use a list of employees provided by collapsed telecommunications contractor Tandem in a stayed class action to assist group members with making claims and recovering losses in the company's liquidation.
Crown pays $125M to settle class action over Chinese gambling disclosures
Crown Resorts has reached a $125 million settlement in a shareholder class action, avoiding a six-week trial scheduled to begin on Monday.
Class action silks thank court for OKing in-person trial that didn’t happen
A settlement in the class action against Crown Resorts put paid to an in-person trial before it began, but gathering in court on Friday to notify the presiding judge of the happy outcome was enough to remind the Victorian litigators what they had missed over the past 18 months.
Rate-rigging class action pleadings OK’d, more than two years after case filed
A judge has given the green light to amended pleadings in a class action accusing major banks of entering a cartel agreement to rig foreign exchange rates, bringing a two-year fight over the pleadings closer to resolution.
Despite universal panning by lawyers, government takes class action bill to parliament
Legislation capping litigation funder returns in class actions to 30 per cent and requiring group members to sign up to funding schemes has been introduced to federal parliament despite widespread criticism.
Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon's disastrous $1.2 billion Quindell acquisition.
Government hit with climate change class action by Torres Strait Islanders
A class action has been filed alleging the Morrison government has a novel duty of care to protect Torres Strait Islanders from the devastating effects of climate change.
Eastern Health, Royal Women’s targeted in latest junior doctors class action
Eastern Health and the Royal Women's Hospital have become the latest hospital operators to be stung with a class action alleging they failed to pay junior doctors for unrostered work hours.