Allens

Experience

Shareholder / securities claims

QBE
Defending shareholder class action proceedings brought against QBE in relation to alleged breaches of its continuous disclosure obligations in respect of its financial results.

Vocation
Defending shareholder class action proceedings brought against Vocation in relation to alleged breaches of its continuous disclosure obligations in respect of its financial results.

Leighton financial results
Defending shareholder class action proceedings brought against Leighton Holdings (now CIMIC) in relation to alleged breaches of its continuous disclosure obligations in respect of its financial results.

Leighton foreign bribery
Defending separate shareholder class action proceedings brought against Leighton Holdings (now CIMIC) in relation to alleged breaches of its continuous disclosure obligations in respect of foreign bribery claims.

Aristocrat
Defending shareholder class action proceedings brought against Aristocrat in relation to alleged breaches of its continuous disclosure obligations in respect of its financial results.

AWB
Defending shareholder class action proceedings brought against AWB in relation to alleged breaches of its continuous disclosure obligations in respect of its dealings in Iraq.

Insurers
Acting for various insurers (Chubb, Federal Insurance and AIG) in numerous US securities class actions brought against Hong Kong and Mainland PRC companies listed in the US, involving allegations of financial misreporting and misleading public statements.

Other stakeholders
Advising other stakeholders on issues arising in various shareholder class action proceedings, including the claims against Centro, Telstra and GIO.

Financial services claims

St George Bank
Acting for St. George in a class action brought on behalf of investors in an alleged investment scheme operated by Tony Famularo.

CPDO ratings
Acting for ABN Amro and The Royal Bank of Scotland in landmark class action proceedings brought by investors in relation to losses suffered following their investment in complex structured products known as CPDOs. This was the first case in the world to put a credit rating on final trial.

Collapse of Great Southern
Acting for Bendigo and Adelaide Bank Limited in 16 class actions commenced by investors in the Great Southern investment schemes.

Collapse of Storm Financial
Acting for Macquarie Bank in class actions brought in numerous jurisdictions relating to the multi-billion-dollar collapse of Storm Financial.

Commonwealth Bank CDOs
Acting for the Commonwealth Bank in class action proceedings brought by investors in financial products known as CDOs.

ANZ CDOs
Acting for ANZ in class action proceedings brought by investors in relation to its sale of CDOs.

Collapse of managed investment scheme
Acting for a 'big 4' accounting firm in class action proceedings brought by investors following the collapse of a group of managed investment schemes.

Opes Prime
Advising ANZ on issues arising out of the collapse of Opes Prime Stockbroking, including providing strategic advice with respect to an investor class action.

Derivative products
Acting for Ord Minnett in class action proceedings brought by investors who had traded in derivatives and equity financial products.

Tax scheme
Defending class action proceedings brought by investors who had traded in derivatives and equity financial products based on an allegedly misleading prospectus issued by Tracknet Australia.

Product liability, consumer and employee claims

Ford
Acting for Ford in the defence of a class action raising allegations about defects in the power shift transmission in certain Ford vehicles.

Bank fees
Acting for Westpac in multiple class action proceedings brought by customers who have been charged exception fees, part of the largest set of coordinated class actions to be commenced in Australia.

Pharmaceutical products
Acting for Pfizer Australia in class action proceedings brought by consumers who used a dopamine agonist.

Employee bonuses
Acting for Westpac in class action proceedings brought by a group of employees in relation to alleged bonus entitlements.

Agricultural products
Acting for Du Pont in class action proceedings in relation to crop damage alleged to have been caused by its Benlate® fungicide.

Mad cow disease
Acting for Ridley Corporation in Canadian class action proceedings brought by cattle farmers in relation to economic losses alleged to have resulted from the discovery of 'mad cow disease' or bovine encephalitis.

Silicone breast implants
Acting for Dow Corning in international class action proceedings in relation to the alleged negligent design of silicone breast implants and failure to warn consumers of the risks involved.

Tobacco products
Acting for Philip Morris in two of Australia’s largest class action proceedings involving personal injuries claims and third-party economic loss claims arising out of the consumption of tobacco products.

Network failure
Acting for a telecommunications company in relation to foreshadowed class action proceedings by consumers in relation to network coverage.

Foreign remittance services
Advising a US investment bank in relation to class action proceedings brought by foreign remittance providers in relation to a proposal by a local bank to cease providing foreign remittance services.

Anti-competitive conduct claims and regulatory actions

Air freight cartel
Acting for various airlines (including Emirates, Air France, KLM and Martinair) in class action proceedings regarding alleged cartel activity in the air freight industry.

Packaging cartel
Acting for Amcor in class action proceedings regarding alleged cartel conduct with Visy in the corrugated packaging industry.

Foreign corrupt practices / anti-trust
Acting for AWB in multiple class action proceedings in the United States brought by and on behalf of Iraqi citizens alleging breaches of the US Federal Racketeer Influenced and Corrupt Organisations (RICO) statute and Alien Tort Claims Act, and in anti-trust and RICO proceedings brought against AWB by US wheat farmers.

Environmental damage and disasters

Oil spill
Acting for PTTEP Australasia (a subsidiary of the Thailand based PTT Exploration and Production Public Company Limited) in respect of class action arising from an oil spill at its Montara oilfield in 2009.

Bushfires
Advising stakeholders in relation to Victorian and New South Wales bushfire class actions.

Lead poisoning of children
Acting for Mt Isa Mines and Xstata (now part of Glencore) in class action proceedings brought by families of children from Mt Isa in relation to alleged lead and other environmental poisoning.

Human rights
Acting for Rio Tinto in US class action proceedings brought on behalf of Bougainville citizens alleging breaches of the Alien Tort Claims Act (ATCA) regarding the development and operation of the Panguna mine on Bougainville in Papua New Guinea.

Environmental damage
Acting for BHP Billiton in class action proceedings in Australia and PNG in relation to alleged environmental damage at the OK Tedi mine in Papua New Guinea.

Lead contamination
Acting for Pasminco (now Oz Minerals) in class action proceedings relation to alleged lead contamination arising from smelter operations.

Longford gas explosion
Acting for United Energy (on behalf of the gas businesses of the Energy Partnership) in class action proceedings arising out of the explosion at the Longford gas plant and subsequent interruption of gas supply to large parts of Victoria.