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Victorian gambling regulator takes disciplinary action against Crown Melbourne
Gaming 2022-04-06 4:09 pm By Cindy Cameronne

The Victorian Gambling and Casino Control Commission has commenced disciplinary proceedings against Crown Melbourne after a royal commission found the casino operator enabled the illegal transfer of funds from China.

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Citigroup facing $300,000 lawsuit over alleged conflicted financial advice
Financial Services 2022-04-06 5:09 pm By Cindy Cameronne

A Citigroup customer has hit the bank with a lawsuit alleging it gave her conflicted financial advice to invest most of her savings in “risky” products, despite being an inexperienced investor with limited funds.

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Treasury Wine Estates’ ‘fishing’ claim against class action firms falls flat
Class Actions 2022-04-05 4:45 pm By Cindy Cameronne

Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information in reports to the company’s board, with a registrar finding the material was relevant to the case.

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Law firms accused of ‘fishing’ to expand class action against Treasury Wine Estates
Class Actions 2022-04-04 4:09 pm By Cindy Cameronne

Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.

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Major banks hit back at rate-rigging class action, argue claims are barred
Competition & Consumer Protection 2022-04-04 9:10 pm By Cindy Cameronne

Five major banks including JPMorgan, Citibank and UBS have denied all wrongdoing in a class action accusing them of entering a cartel agreement to rig foreign exchange rates and argue the claims were brought out of time or are barred by settlements in overseas proceedings.

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Slater & Gordon touts superior track record in battle to lead Beach Energy class action
Class Actions 2022-04-01 6:29 pm By Cindy Cameronne

Two heavyweight plaintiff firms battled it out Friday to run a shareholder class action against Beach Energy, with Shine Lawyers saying it should be rewarded for setting the price of the contingency fees sought in the case and Slater & Gordon arguing it has a better track record in class actions.

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Qantas engineers lose appeal over COVID-19 stand down orders
COVID-19 2022-04-01 5:39 pm By Cindy Cameronne

Aircraft engineers for Qantas have lost a challenge to a ruling that the airline had no “genuine choice” when it stood them down in March 2020 during the COVID-19 pandemic.

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KPMG liquidators can’t dodge examination over handling of Jewel of India sale
Restructuring & Insolvency 2022-03-31 5:38 pm By Cindy Cameronne

Liquidators for ready-made meals producer Jewel of India have lost their bid to dodge public examination over their alleged poor handling of the business’ sale and failure to investigate potential claims against the Commonwealth Bank.

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Class action’s bid for ‘invasive’ search of Merivale’s payroll data fails
Class Actions 2022-03-31 12:42 pm By Cindy Cameronne

A judge has denied an “invasive” bid to search hospitality giant Merivale’s payroll systems ahead of an upcoming mediation in a $129 million underpayment class action covering 13,500 employees.

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7-Eleven class action lawyer accused of retaliation, deliberate late billing
Class Actions 2022-03-30 9:39 pm By Cindy Cameronne

A solicitor running two franchisee class actions against 7-Eleven “retaliated” against a group member who objected to a $98 million settlement and issued a late $6.5 million legal bill to benefit a litigation funder, a court has heard.

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