A judge overseeing the settement approval process in a flex commissions class action against ANZ has issued a warning to third parties “seeking to profit” off group members, as a claim aggregator appears on the scene.
Westpac has agreed to fork over $130 million to settle a class action over payment of flexible commissions to car dealers, a practice that was banned by the corporate regulator seven years ago.
Two law firms have reached an agreement to join their class actions against Harvery Norman alleging the furniture retailer sold worthless warranties.
Suncorp has reached a settlement in a class action against unit AAI over add-on insurance, the insurer confirmed on Friday.
Law firms running competing consumer class actions against Harvey Norman have failed to reach an agreement to join forces, setting the stage for a multiplicity fight this year.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
A judge has refused a bid to expand the group membership in an underpayments class action against discount retailer The Reject Shop, saying it was based on a misconceived premise.
Super Retail has rejected as “fanciful” a claim by two former executives that they reached a binding oral settlement with their employer after their dismissal in May.
The University of Sydney will pay $23 million to over 14,000 current and former workers who were underpaid over an 8-year period as part of a deal with the Fair Work Ombudsman.
A law firm is challenging an order that it pay $5.4 million in a class action against Macquarie Leasing as security for the lender’s costs, saying concerns about its borrowing capacity were “theoretical and speculative.”