October 28, 2020

Australia Securities Class Action Trial Results in Defense Verdict

A class action securities lawsuit in the U.S. rarely goes to trial, and the same is true in Australia as well. However, in a recent ruling in only the second-ever securities lawsuit to go to trial in Australia, a Federal Court Justice has ruled in favor of the defendant company, the first-ever trial verdict won by a defendant in Australia, according to a report in the D&O Diary.

According to the report, this ruling may encourage more Australian securities suit defendants to take their cases to trial.

News "Lawyers Win Big In The US Collective Action System" International Initiatives News "Product Liability Claims Can Be A Global Threat To Companies" International Initiatives News "The EU Commission Should Follow Its Own Advice on Collective Redress" International Initiatives Blog, News Australia's Billion-Dollar Class Action Boon Being Fueled by Litigation Funders? International Initiatives, Third Party Litigation Funding (TPLF) Blog, News A European Crossroads for Collective Actions International Initiatives 2021 South Carolina Legislative Update COVID-19 Liability 2021 North Dakota Legislative Update COVID-19 Liability News In The News- May 12, 2021 COVID-19 Liability Compliance checklist News Dallas Firm Withdraws From Asbestos Cases In SC After Issues With Past Pro Hac Vice Motions Were Brought To Judges' Attention Asbestos Map with pins 2021 Indiana Legislative Update Blog Prop 65 Food Lawsuits Force Businesses to Fork Over Dough Interest rates News In The News Today- May 7, 2021 Third Party Litigation Funding (TPLF) Money and gavel News Law 360 Expert Analysis – “Keep Junk Science Away From Juries” Class Action Litigation News Minnesota Lawmakers Want Insight Into Origins Of AG Ellison's Lawsuit Against Oil Companies Class Action Litigation News In The News- May 4, 2021 Other Issues
We Use Cookies to Make your Experience Better

What do we use cookies for?

We use cookies and similar technologies to recognize your repeat visits and preferences, as well as to measure the effectiveness of campaigns and analyze traffic. To learn more about cookies, including how to disable them, view our Cookie Policy. By clicking "I Accept" or "X" on this banner, or using our site, you consent to the use of cookies unless you have disabled them.