Westpac class action launched over money laundering issue

Austrac’s proceedings in the Federal Court against Westpac over alleged breahes of anti-money laundering law have not progressed since the regulator took the matter to court last November but the first shareholder class action over the issue had been filed.…

CBA and NAB in latest bank class actions

Class actions against banks and other financial institutions prompted by the Hayne royal commission continue to hit the courts. Last week it was NAB and Commonwealth Bank in the firing line. On Friday, Shine Lawyers announced that it had launched…

Court lays down the law on class actions

The Full Court of the Federal Court has upheld an earlier decision to permanently “stay” two out of three class actions brought against the logistics software company GetSwift, clarifying the ground rules for courts dealing with competing class actions. GetSwift…