Class actions
Mass wrongs require a special legal solution - class
actions.
Class actions allow the victims of mass wrongs to band together
to better protect their rights. Class actions allow people to
recover losses more efficiently and at less cost.
Maurice Blackburn has an unrivalled record in successful class
actions in Australia. We have successfully brought cases for many
tens of thousands of claimants in more than 20 class or group
actions in relation to wrongdoing as diverse as:
-
misleading and deceptive conduct by companies towards their
shareholders in takeovers, in prospectuses, and in releases
to the ASX
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price fixing and market rigging cartels
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manufacture and sale of defective products such as breast
implants, heart pacemakers, knee implants, IUDs and travel sickness
pills
-
misleading and deceptive conduct through the sale of faulty
home alarms to homeowners
-
the negligent operation of the Longford Gas Plant by Esso,
causing death, injury and the loss of Victoria's gas supply
for two weeks
-
the negligent construction and operation of the Melbourne
Aquarium, causing an outbreak of legionnaires disease
-
outbreaks of mass food poisoning by restaurants, pizza houses
and hotels
-
breaches of credit legislation by major banks and finance
companies, and
-
improper withholding of taxation monies received from
retailers by major tobacco companies.
At present, we are instructed in over 8 class or group
actions in relation to serious corporate misconduct.
We also have expertise in major project litigation,
including major cases such as the Longford Gas Plant
Explosion Royal Commission and the Biota v GSK commercial
litigation.
Shareholder and investor class actions
Maurice Blackburn has a hard-earned and unparalleled reputation
in Australia for obtaining damages for shareholders against
companies and their directors and corporate advisors.
Through shareholder class actions brought by us, we have played
an important role in the push for better standards of corporate
governance and improved accountability by companies, directors and
corporate advisors to their shareholders.
Maurice Blackburn is the only legal firm in Australia with an
established track record in shareholder class actions, having
conducted the first and largest of such cases. We have successfully
conducted, or are conducting, 13 large and complex shareholder
class actions. These are class actions against GIO, Aristocrat, Multiplex, AWB, Australian
Cotton, Concept Sports, TrackNet, Challenger, OZ
Minerals, Centro, NAB, Nufarm and Gunns.
Cartel class actions
Maurice Blackburn is the only Australian law firm that has
successfully conducted a cartel class action to recover the
millions of dollars in damages suffered by the businesses that have
been affected by such illicit conduct.
Price fixing and market rigging by companies causes serious
damage to businesses, consumers and the general economy. Class
actions are a cost-effective mechanism to allow affected businesses
to recoup the financial losses they suffer at the hands of cartel
participants.
Maurice Blackburn brought Australia's first ever cartel class
action in 1999, the Vitamins Class Action against
Roche, BASF and Aventis for an elaborate global cartel in the
vitamins industry that took place over a 10-year period during the
1990s. In October 2006, a landmark settlement of $30.5 million
damages was approved in the case. A wide range of businesses from
small-scale livestock producers to large animal nutrition companies
shared in this compensation.
In April 2006, Maurice Blackburn commenced the Amcor Class Action
following the exposure of a national cartel involving corrugated
fibreboard packaging (CFP) claiming compensation for the losses
that businesses have suffered.
In January 2007, Maurice Blackburn commenced the Air
Cargo Class Action against seven major international
airlines claiming losses suffered as a result of the airline's
price-fixing arrangements to set fuel and security insurance
surcharges in international air freight services.
In September 2007, Maurice Blackburn commenced the Rubber Chemicals Class
Action against major international chemical manufacturers Bayer
and Chemtura (formerly Crompton/Uniroyal) for fixing the price of
Rubber Chemicals.