Latest Class Actions News

Coles Group reveals a significant potential financial impact following a Federal Court decision on underpayments to salaried team members, estimating remediation costs between $150 million and $250 million.

Noumi Limited has completed its $11.56 million payment towards a $43 million class action settlement, now unconditional following Victorian Supreme Court approval. The payment was made by insurers, activating legal releases for the company.

Identitii Limited has sold its remaining Payble shares for $1.6 million, channeling the funds into expanding its BNDRY platform through a strategic partnership with Cherryhub targeting Australia's clubs and pubs sector.

Excelsior Capital Limited reports a sharp 98% drop in profit after tax for FY25 following the prior year’s $47.2 million gain from selling its CMI Electrical subsidiary. Despite this, the company declared a fully franked final dividend of 4.0 cents per share.

Bougainville Copper Limited posted a deeper half-year loss as it ramps up exploration and navigates ongoing legal disputes tied to its historic Panguna mine. The company also advances infrastructure remediation under a key government agreement.

The Star Entertainment Group reported a $471.5 million net loss for FY25, marking a 72% improvement from the prior year but underscored by ongoing regulatory challenges and a complex joint venture exit.

Wellard Ltd posts a net profit turnaround in FY2025 despite fleet downsizing, sells its last vessel, and plans to delist from the ASX while returning substantial capital to shareholders.

Wellard Limited reported a net profit of US$1.3 million for FY2025, driven by operational improvements and strategic asset sales. With the sale of its last livestock vessels completed, the company plans to delist from the ASX and return surplus cash to shareholders.

Shine Justice Ltd reported a revenue increase to $204.4 million in FY25 despite a dip in adjusted net profit after tax, driven by strategic restructuring and a sharpened focus on personal injury and international mass torts. The company is investing in technology and expanding its US footprint to fuel growth in FY26.

Shine Justice Ltd reported a 4.4% rise in FY25 revenue to $204.4 million, alongside major legal settlements and leadership changes, signaling renewed growth momentum.

Count Limited reported a remarkable 705% increase in profit after tax for FY2025, driven by successful acquisitions and operational synergies. The company also declared a fully franked final dividend of 2.75 cents per share, underscoring confidence in sustained growth.

Medibank Private Limited reported steady revenue growth and stable profit for FY25, while navigating ongoing cybercrime-related expenses and regulatory scrutiny. The insurer also announced increased dividends and outlined strategic investments in health services and digital transformation.