Shareholder & Investor
58 Results
Actions
BHP Class Action,
The BHP Class Action seeks recovery of investor losses incurred up to 30 November 2015, caused by BHP Billiton Limited’s (BHP) violations of the Corporations Act in relation to the catastrophic collapse of the Fundão dam in Brazil. The Federal Court of Australia has ordered...More
FleetPartners (formerly Eclipx) Class Action,
Phi Finney McDonald acts for the representative and group members in a class action against FleetPartners Group Ltd (formerly known as Eclipx Group Ltd and traded as ECX) commenced in the Supreme Court of Victoria on behalf of investors who acquired shares in the company betwe...More
Mayne Class Action,
Phi Finney McDonald acts for the Lead Plaintiff and Group Members in a class action against Mayne Pharma Group Limited (MYX; MYPHY) (Mayne Pharma) commenced in the Supreme Court of Victoria on behalf of investors who acquired shares in Mayne Pharma (traded on the Australian Se...More
MESOBLAST CLASS ACTION,
Phi Finney McDonald along with William Roberts Lawyers act for the Joint Applicants in a class action in the Federal Court of Australia against Mesoblast Limited (ASX: MSB; NASDAQ: MESO; OTC: MEOBF) (Mesoblast) on behalf of investors who, during the period from 22 February 201...More
Star Entertainment Class Action,
Phi Finney McDonald commenced a class action against The Star Entertainment Group Limited (Star) in the Supreme Court of Victoria. The class action was brought on behalf of investors who acquired an interest in or held Star shares over the period 29 March 2016 and 13 June 2022...More
Westpac Class Action,
Phi Finney McDonald acts for the representative applicant in a class action against ASX-listed company Westpac Banking Corporation (Westpac) commenced in the Federal Court of Australia. The claim is brought on behalf of investors (group members) who, between 30 June 2014 an...More
Freedom Foods Class Action,
Phi Finney McDonald acts for the Lead Plaintiff and Group Members in a class action commenced in the Supreme Court of Victoria against ASX-listed Freedom Foods Group Limited (Freedom Foods or the Company) and Deloitte Touche Tohmatsu (Deloitte) on behalf of investors who acqui...More
CIMIC Class Action,
On 21 August 2020, a shareholder class action conducted by Phi Finney McDonald was commenced against CIMIC Group Limited (CIMIC) in the Federal Court of Australia on behalf of investors who acquired CIMIC shares during the period from 7 February 2018 to 22 January 2020 (inclu...More
Boral Class Action,
Phi Finney McDonald acts for the Representative Applicant in closed class action proceedings commenced against Boral Limited (Boral) in the Federal Court of Australia on behalf of investors who acquired Boral shares, American Depository Receipts (ADRs) or Equity Swaps. This ac...More
GETSWIFT Class Action,
Phi Finney McDonald acted for Raffaele Webb, the Representative Applicant, on behalf of Group Members in the class action commenced in the Federal Court of Australia against ASX-listed GetSwift Limited (ASX:GSW) (GetSwift) and its managing director Joel Macdonald. The claim wa...More
BUPA Class Action,
Phi Finney McDonald is investigating a potential class action against aged care provider Bupa on behalf of current and former residents of Bupa nursing homes across Australia. More
LendLease Class Action,
Phi Finney McDonald acts for its clients in consolidated class action proceedings commenced in the Supreme Court of New South Wales against ASX-listed Lendlease Corporation Limited (Lendlease). The class action represents all persons who acquired shares in Lendlease between 17...More
CBA Class Action,
Phi Finney McDonald acts for its clients in a class action commenced in the Federal Court of Australia against the Commonwealth Bank of Australia (CBA). This case has been issued on behalf of investors who acquired CBA shares between 16 June 2014 and 3 August 2017 (inclusive) ...More
Hastie Group Class Action,
Phi Finney McDonald acts for the Representative Applicant in class action proceedings commenced in the Federal Court of Australia against Deloitte Touche Tohmatsu (DTT) and Deloitte Corporate Finance Pty Ltd (Deloitte Entities), on behalf of investors in building services comp...More
News
Medibank to face shareholder class action over data breach,
Phi Finney McDonald has today commenced a shareholder class action in the Supreme Court of Victoria against Medibank on behalf of shareholders, in relation to the company’s recent data breach. More
PFM launches class action against Star Entertainment,
Leading securities class action law firm Phi Finney McDonald has filed a class action on behalf of shareholders against The Star Entertainment Group Ltd in the Supreme Court of Victoria. More
High Court shuts down BHP move to block access to class action,
The High Court of Australia has today unanimously dismissed BHP’s attempt to block shareholders who are not resident in Australia from participating in a class action against the company. More
Class act: Westpac’s court woe,
Forget the race for Virgin Australia, the real action is in the Federal Court where class action specialists Phi Finney McDonald, backed by international litigation funder, Woodford, will emerge to lead the class action against Westpac over the bank’s alleged anti-money ...More
Westpac Faces Shareholder Class Action for Possible Disclosure Failures,
The class action, filed by law firm Phi Finney McDonald, will rest on whether Westpac breached disclosure obligations or misled investors about the extent of its AML compliance failures. More
Westpac faces class action over AUSTRAC scandal,
Westpac has been served with a class action lawsuit alleging it deceived investors by failing to disclose the extent of AUSTRAC‘s risk management concerns, as documents reveal the bank made just under $2 million profit from the 23 million unreported transactions. More
Westpac investors sue over breaches,
WESTPAC has been hit by its first shareholder class action over the child exploitation scandal engulfing the nation’s second largest bank. More
Westpac woes widen as ASIC probe confirmed,
SYDNEY, Nov 25 AAP – Westpac faces a fresh investigation into its alleged money laundering and child exploitation scandal as the lender scrambles to salvage its reputation and stem a share price plunge that has now stretched into a fourth session. More
Westpac in crisis talks with largest investors amid money-laundering scandal,
Westpac is holding crisis talks with its largest institutional investors as legal action over allegations by the money-laundering regulator that the bank breached laws more than 23m times ignited investigations by a raft of other corporate and financial regulators. Shares in t...More
As landmark as it gets: Why the Myer class action has everyone talking,
In the annals of Australian commercial law, the Myer class action judgment handed down this week was about as landmark as it gets. It was the first class action brought by shareholders in a listed company in this country to go to judgment. More
Lendlease vows rigorous defence as second class action filed over arm writedowns,
Construction giant Lendlease says it will “vigorously defend” a second class action filed against it in the NSW Supreme Court, which alleges the misled the market and failed to adequately disclose problems with its troubled engineering division. More
Lendlease in crosshairs second class action,
Construction heavyweight Lendlease will be hit with a second class action over claims it failed to keep investors fully informed about troubles in its engineering division. More
LendLease class action backed by pension funds,
Investors who purchased LendLease shares between 17 October 2017 and 25 February 2019 are encouraged to register at www.lendleaseclassaction.com. Institutional investors from Australia and abroad have retained specialist class action law firm Phi Finney McDonald to prepare a ...More
Estia faces lawsuit over its disclosure obligations,
Aged-care provider Estia Health has been hit with a class action that alleges it breached its continuous disclosure obligations and engaged in misleading or deceptive conduct. More
Estia Health slapped with class action,
Estia Health shares have taken a dive after the aged care provider confirmed it had been hit with a class action suit alleging it had deceived investors. More
BHP faces beefed up class action over Samarco disaster,
BHP is facing the prospect of a seriously a beefed-up class action over its Samarco dam collapse after a court ruled two class actions against the miner should be combined. More
Justice not too swift for GetSwift Trials,
A procession of 30 witnesses, including former customers and investors, investigators from the corporate regulator and the Australian Securities Exchange, will line up to give evidence against embattled logistics software company GetSwift when the Australian Securities and...More
‘Profit before people’: mining giants in the dock,
Exclusive | BHP DAM DISASTER Senior executives working for mining giants BHP and Vale were aware of significant problems at their jointly owned Samarco dam years before it burst, causing one of Brazil’s worst environmental disasters, court documents allege. More
Watchdog eyes former AFL player Joel Macdonald’s delivery empire GetSwift,
FORMER AFL player Joel Macdonald could be hit with up to a million dollars in fines as his high-flying delivery empire comes under siege by the corporate cop. More
BHP action whittled down to one,
Boutique law firm Phi Finney McDonald has beaten two other law firms vying for the right to run a shareholder class action against BHP over the Samarco dam disaster. Federal Court judge Mark Moshinsky this morning ruled that Phi Finney McDonald’s case should go ahead and sta...More
Firm wins right to pursue class action over disaster,
LAW firm Phi Finney McDonald has won the right to pursue a shareholder class action against BHP related to the Samarco dam catastrophe, beating two other firms. More
GetSwift class action cut to one,
Troubled logistics software start-up GetSwift has welcomed a Federal Court ruling that today confirmed only one class action suit would proceed against the company. More
BHP has agreed to pay $US50 million to settle a US class action on the Samarco dam disaster,
The Australian lawyers running class actions against BHP Billiton over the Samarco dam disaster say their arguments have been “vindicated” by the miner’s offer to settle a US class action over the tragedy, and warned that losses suffered by members of the A...More
BHP wants class action delayed,
Federal Court BHP Billiton will seek to have an Australian class action into the Samarco dam disaster delayed in a bid to avoid prejudicing homicide charges laid against current and former executives in Brazil. More
How Therium and Phi Finney Won the GetSwift Class Action Competition,
Last month, law firm Phi Finney McDonald and funder Therium Capital Management bested the competition in their bid to become class counsel in the GetSwift class action claim. The landmark decision by an Australian Federal Court to continue one proceeding and permanently stay t...More
Phi Finney McDonald to run GetSwift class action,
Boutique Melbourne law firm Phi Finney McDonald will lead the sole class action on behalf of aggrieved investors in logistics business GetSwift, after a Federal Court judge on Wednesday permanently stayed two other competing class actions. More
Mining Giant BHP faces class action suit over Samarco disaster in Brazil,
BHP Billiton is facing the threat of a class action suit in Australia over the Samarco mining disaster in Brazil, which knocked an estimated A$25bn (£14bn) off its market value in the course of a month. More
Estia Health faces threat of class action,
Residential aged care provider Estia is facing the threat of a class action over its 2016 financial year results and the guidance it gave for the 2017 year. Sydney litigation firm Phi Finney McDonald is gathering shareholder support for a proposed class action that will be fun...More
Class action against UGL back on track amid investor anger over Itcthys disclosure,
A class action alleging contractor UGL delayed informing investors about cost blowouts on a power plant contract for INPEX’s Ichthys gas project in late 2014 will proceed with investment group Clime Capital as the representative applicant. More
CBA faces class action threat over money laundering scandal,
The Commonwealth Bank may face a class action from investors, following revelations the board failed to disclose a money laundering investigation for over two years, which triggered a $5.5 billion collapse in the bank’s share price when the regulator launched its case. C...More