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Showing 1 - 10 of 30 results for "Group Members"

Litigation funder disputes AMP BOLR settlement

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2024
... equalisation order to the court that "seeks to spread the cost of the funder's entitlements equally across all group members of the lawsuit. "It does so by reducing each Group Member's entitlement to share in the Settlement Sum by a proportionate ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... circumstances," court documents show. "The Court has received evidence indicating that some persons who were formerly group members have 'opted out' of the class action because they were concerned that the proposed settlement might prevent them from ...

ANZ to pay $57.5m to settle class action

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... causing loss and damage to ANZ credit card holders. "We believe the proposed settlement is an excellent outcome for group members," Phi Finney McDonald principal lawyer Brett Spiegel said, according to AAP. This is just the latest class action the bank ...

Federal Court approves BT Super $30m settlement

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
... funded by Therium Litigation Finance in December 2022. Justice Murphy approved $15.45 million to be distributed to group members. Therium's share of the settlement amounted to $9.6 million, while Slater & Gordon received about $4.7 million. "The ...

Settlement approved in AMP shareholder class action

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... the case was to be heard in August, but AMP agreed to the settlement ahead of its commencement. There are 18,702 group members in the action, comprising AMP shareholders and others who claim to have suffered loss or damage because of the misconduct and ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... million settlement sum), inclusive of legal costs in full, in final settlement of the claims of the lead applicant and group members." If the settlement is approved by the Federal Court, E&P said the class action "will be dismissed against E&P, Mr Alan ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... relevant facts were disclosed, or the relevant misleading conduct did not occur. Accordingly, the Plaintiffs and Group Members suffered loss and damage as a result of purchasing AMP securities during the Relevant Period at an inflated price," court documents ...

AMP loses BOLR changes class action

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... Planners. However, Moshinsky said that "a process will be required to determine the impact of the decision on other group members". In response, AMP said in a statement to the ASX that "noting the complexity of the matter, AMP is reviewing the judgment ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
... savings and place their faith in them to protect their future," he said. "We are pleased this settlement means that group members will be getting millions of dollars of compensation." The settlement was reached on a no admissions basis, BT and Westpac ...

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
... Financial Advice reforms which came into effect 1 July 2013. The plaintiff, Kerry Michael Quirk, and each of the group members were said to have suffered a loss or damage in the form of the excess fees paid to fund the conflicted remuneration, which ...
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