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Lawyers for a shareholder class action against Crown Resorts have won their hard-fought battle to question ex-employees about the casino giant's thwarted business in China, with a judge ruling Wednesday there would likely be a "serious adverse effect" on the administration of justice if they weren't free to give evidence ahead of trial.
Lawyers for Deloitte were questioned by an appeals court Monday after arguing that the accounting giant's partners had no access to the firm's files, stored in a locked "litigation room", and no power to hand them over to comply with discovery orders in a shareholder class action over the collapse of client Hastie Group.
Woolworths' knowledge of its poor performance on price perception among shoppers in 2014 is at the centre of a $100 million shareholder class action against the retailer, a court heard Friday.
Law firm Maurice Blackburn has fired its opening salvo in a high-stakes appeal of a judge's decision rejecting its class action against BHP over the Brazilian dam failure, saying the ruling deprived group members of pocketing higher net returns on any recovery and of choosing a more experienced firm to run the case for them.
Private training company Ashley Services and auditors Deloitte and Grant Thornton will pay a combined $14.6 million to settle a shareholder class action, and IMF Bentham says it may bank $7.2 million for funding the litigation.
A judge overseeing discovery in a class action against global engineering company CIMIC Group has called out the legal profession for an "extraordinary" new trend of relying on solicitors' affidavits in claiming privilege over evidence.
Vocus Group has been hit with a shareholder class action alleging the telecommunications company made misleading statements ahead of a profit downgrade in 2017 that sent the price of shares tumbling.
A shareholder class action against Woolworths related to its downward revision of a 2015 profit guidance is seeking emails and other documents from a slew of current and former company executives, including the grocery chain's former Chairman and CEO, who departed in the wake of disappointing financial results.
Accounting firm Pitcher Partners, which is facing two shareholder class actions over auditing work for Slater & Gordon, is considering filing claims of its own against the law firm's current auditor, Ernst & Young.
Construction giant Lendlease has been hit with a class action over allegedly inadequate disclosures relating to its engineering and services business, which includes the NorthConnex tunnel road project in Sydney.