Class Actions & Major Projects
See below for a full list of our Class Actions & Major Projects
Class Action Summaries:
Open for Registration
We have developed particular expertise in conducting complex, large scale multi-party actions over the past 15 years. The firm has an unrivalled track record of success in group and class actions. Slater & Gordon's current projects include:
Babcock & Brown Power
Slater & Gordon has received support from a US funder to investigate Babcock & Brown Power ("BBP") on behalf of shareholders.
James Higgins of Slater & Gordon said, that Babcock and Brown Power had been a disaster for shareholders who believed in the Babcock model and the strong assets that the company had acquired.
Basis Capital
Slater & Gordon is investigating the collapse of a number of Basis Capital's funds and the potential losses sustained by clients of Basis Capital.
CWA Global Markets Pty Ltd (CWA) Class Action
CWA is an Australian-based investment firm offering trading opportunities in global commodity and stock index markets as well as Australian equities and exchange-traded options and warrants.
A number of aggrieved CWA customers and ex-customers of CWA have approached Slater & Gordon to investigate the viability of a class action to recover compensation for losses suffered by them as a result of acquiring financial products, in particular, warrants based on the advice of CWA.
Elders Limited Class Action
On Tuesday 22 June 2010, Elders Limited (Elders) announced to the market that it expected its full year results would be significantly lower than what it had forecast in its September 2009 Prospectus (the Prospectus).
New Zealand Finance Company Claims
Slater & Gordon is investigating the viability of a potential representative legal action against various entities who may be liable for losses sustained by investors following the collapse of approximately 30 New Zealand based finance companies. These investigations are being conducted in conjunction with Auckland law firm Turner Hopkins.
Nufarm Limited Class Action
On 14 July 2010, Nufarm downgraded its guidance for the full year ending 31 July 2010 (FY10) by 50% from an operating net profit after tax (NPAT) of $110-$130million, to an operating NPAT of $55-$65million.
Sigma Pharmaceuticals Ltd
Slater & Gordon has announced a potential shareholder class action against Sigma Pharmaceuticals Limited (Sigma), which will allege that the company engaged in misleading and deceptive conduct and breached its continuous disclosure obligations in the period between 7 September 2009 and 25 February 2010 (Proposed Class Action).
Sonray Capital
Slater & Gordon is investigating the collapse of Sonray and the potential losses sustained by clients of Sonray, including the viability of a class action on behalf of Sonray clients.
VIOXX
VIOXX was voluntarily withdrawn worldwide by the pharmaceutical manufacturer, Merck, on 30 September 2004, after the company's own study found that people who had taken a dosage of 25 milligrams for 18 months or more faced a higher risk of heart attacks and strokes.
Registrations closed - More information for existing class action members
Centro Shareholder Actions
The claim has been commenced on behalf of three plaintiffs as representatives for all CNP and CER security holders.
Downer EDI
Slater & Gordon is set to launch a potential class action against Downer EDI Limited on behalf of shareholders who allege that the company failed to fully inform the Australian Stock Exchange about its financial position.
Great Southern & Timbercorp
Opes Prime
The class action seeks alternatively: the return of pledged securities; the return of equivalent securities; or damages and consequential damages.
Storm Financial Class Action
In January 2009 Storm Financial went into administration with around $80 million dollars in debt.
GPT Group Class Action
Slater & Gordon Lawyers has announced a class action against GPT Group on behalf of shareholders, which will allege that the company:
1. provided earnings and distribution guidance to the market that was misleading and deceptive; and
2. subsequently failed to comply with its continuous disclosure obligations by informing the Australian Securities Exchange (ASX) as its forecast earnings deteriorated.
ION
The High Court’s decision in Sons of Gwalia will assist ION shareholders in recovering their losses.
Fuel Surcharges Class Action
Slater & Gordon has commenced a class action in behalf of travel agents against Qantas and six other international airlines to recover commission on fuel surcharges.
Cranbourne Gas Leak Class Action
Slater & Gordon has been instructed by residents to investigate the possibility of a class action on behalf of residents of the Brookland Greens Estate.
Fincorp Investor Class Action
The representative applicants and Sandhurst Trustees have reached a proposed settlement of the Class Action.
Westpoint
Slater & Gordon will commence proceedings on behalf of thousands of investors in the failed Westpoint mezzanines.
Oz Minerals Group
Based on our investigations to date, Slater & Gordon considers that there is a strong basis to contend that the Company misled the market from 28 February 2008 until it suspended trading on 1 December 2008.
Alleasing Finance
Capital Finance