Latest Class Actions News

Fatfish Group has revealed improper conduct by a former service provider that delayed its 2024 financial reporting, while outlining ongoing legal actions and a strategy to relist on the ASX within four months.

EML Payments has received Supreme Court approval for its $37.36 million shareholder class action settlement, enabling the company to refocus on its strategic growth plans.

ARN Media faces a legal challenge from Kyle Sandilands and his companies, disputing the termination of his contract with KIIS 1065 Sydney. The case, filed in the Federal Court, raises questions about misconduct claims and contractual obligations.

DUG Technology has resolved a US$2.1 million legal dispute with a supplier by agreeing to a US$1.5 million settlement, avoiding further court action without admitting liability.

Collins Foods has agreed to settle a class action over employee 10-minute rest breaks for up to AUD 9 million, pending Federal Court approval. The settlement includes flexible terms based on participant numbers, with no admission of liability.

Keybridge Capital has obtained Italian court orders freezing AUD 4.7 million in assets tied to a waterfront property, as part of ongoing legal efforts to recover funds transferred in 2024.

Structural Monitoring Systems PLC reported a 31% revenue increase to AUD 16.5 million for H1 2025, driven by strong avionics growth and improved profitability despite ongoing litigation and leadership changes.

Shine Justice Ltd has reported a strong turnaround in its half-year results to December 2025, posting an 8% revenue increase and a return to profitability with a $6.7 million net profit. The legal services firm saw robust growth in personal injury litigation and ongoing class actions, despite cash flow challenges from delayed settlements.

Coles Group reported a 2.5% revenue increase to $23.7 billion for the half year ended January 2026, driven by strong supermarket sales, but earnings were weighed down by a $235 million provision linked to a Fair Work Ombudsman ruling. The company declared a fully franked interim dividend of 41 cents per share.

Dubber Corporation reported a 9% revenue decline to $18.7 million for the half-year ending December 2025, alongside a 65% reduction in net loss. The company pursues growth through AI innovation and cost efficiencies while navigating ongoing legal proceedings.

Lendlease Group reported a significant $318 million statutory loss for the half year ended December 2025, driven by impairments and lower transaction earnings. The company plans a $3 billion capital recycling program to reduce gearing and strengthen its balance sheet.

Novatti Group has been served a writ in Malaysia over disputed earn-out payments from its 2022 ATX acquisition, with a claim of approximately AUD 2.67 million. Despite the legal challenge, ATX’s financial performance remains on an upward trajectory.