Latest Legal Proceedings News

AMP has reached settlement agreements with several insurers over claims related to historical remediation programs, recovering approximately A$44 million to date while negotiations continue with others.

AMP has reached an agreement in principle to settle a long-running class action over fees and interest rates on certain superannuation funds, agreeing to pay $120 million subject to court approval.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

News Corporation is conducting a $456 million secondary offering of 14 million Class B shares by selling stockholders amid a significant Murdoch family trust restructuring. The company itself is not selling shares and will not receive proceeds.

Rewardle Holdings clarifies its complex relationship with CloudHolter and updates on Pepper Leaf loan litigation, addressing ASX concerns over financial reporting delays.

Triton Minerals Limited has received A$554,000 as part of a settlement with NQM Gold 2 Pty Ltd, while their ongoing legal dispute is adjourned to late September. This development bolsters Triton's financial footing as it navigates the next phase of its settlement agreement.

News Corporation has settled longstanding legal disputes involving the Murdoch Family Trust and announced a significant secondary offering of Class B shares by departing family beneficiaries.

News Corporation has settled longstanding legal disputes involving the Murdoch Family Trust, restructuring beneficiary holdings and consolidating voting control under Lachlan Murdoch.

The Federal Court has dismissed most ASIC claims against Money3 Loans, a Solvar subsidiary, affirming its compliance with responsible lending standards while identifying limited breaches in a handful of consumer loans.

Strata Investment Holdings PLC disputes a termination notice from 1000433639 Ontario Inc. regarding a binding letter agreement and is considering legal proceedings to enforce the deal or seek damages.

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.

Woolworths Group has revealed a preliminary estimate of up to $330 million post-tax liability following a Federal Court decision on historical underpayments to salaried store team leaders, signaling major shifts in retail wage practices.