Settlement
Woodside Petroleum (ASX:WPL) has agreed to pay a $170,000 settlement to a former female executive to close a sexual discrimination case. The company maintains that this was done not in admission to the claim, but because it was the best way to conclude the case for both parties.
OZ Minerals (ASX:OZL) has agreed to settle two class action suits for $60 million, with the amount to be taken from its net profit this year. The $55.1 million settlement payment added $4.9 million in costs, all to be taken out of OZ's cash reserves.
Amcor (ASX:AMC) and Visy have not yet fully registered to claim a share in the $95 million class action that was settled in March for price-fixing damages. The customers have until Wednesday to advise the law firm, Maurice Blackburn, of their claim intentions. Only one-fifth have followed through so far.
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Top 150 Public Companies Listed on the Australian Stockmarket as at 29/05/2009
- BHP Billiton
- Westpac Banking Corporation (WBC)
- Commonwealth Bank of Australia (CBA)
- National Australia Bank (NAB)
- Telstra (TLS)
- ANZ
- News Corporation (NWS)
- Woolworths Limited(WOW)
- Woodside Petroleum Limited (WPL)
- Rio Tinto
- Westfield Group (WDC)
- Westfarmers Limited (WES)
- QBE Insurance
- CSL
- Newcrest Mining Limited (NCM)
- Origin Energy Limited (ORG)
- Santos Limited (STO)
- AMP Limited (AMP)
- Macquarie Group (MQG)
- Foster’s Group Limited (FGL)
