News
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 News In The News Today- November 24, 2020 Class Action Litigation News Despite Pandemic, Law Firms Are Filing More Tort Cases Class Action Litigation, COVID-19 Liability News In The News Today- November 23, 2020 Arbitration News Bill To Provide COVID-19 Liability Protections Headed to PA Gov. Desk COVID-19 Liability News Florida Lawmakers Voice Support For COVID-19 Liability Protection For Businesses COVID-19 Liability News In The News Today- November 20, 2020 Class Action Litigation Flag of South Korea News In The News Today- November 19, 2020 International Initiatives Dark meeting room News OPINION: Trial Lawyer And Junk Science Endanger Medical Supplies Class Action Litigation Flag of South Korea Blog South Korea’s Imminent Adoption of U.S.-Style Class Actions International Initiatives News New ILR Poll Shows Majority Of Americans Still Support Protecting Employers From Covid-19 Lawsuits COVID-19 Liability

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.