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Ten asks court to toss sex discrimination claims from journalist’s harassment case
Employment 2022-06-15 6:38 pm By Sam Matthews

Network Ten has moved to strike out claims that it’s Canberra bureau, led by high profile political reporter Peter van Onselen and executive editor Anthony Murdoch “was a workplace that was hostile to women.”

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Avanteos hit with $1.7M penalty in landmark criminal case over dead member fees
Financial Services 2022-06-15 9:52 pm By Christine Caulfield

Former Commonwealth Bank subsidiary Avanteos Investments has been slugged with a $1.7 million penalty after pleading guilty to charges it failed to update disclosure statements on products that continued to deduct adviser fees from accounts of dead superannuation members.

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Judge approves Blackstone’s takeover of Crown Resorts
Corporate 2022-06-15 12:37 pm By Sam Matthews

A judge has given his approval to the takeover of Crown Resorts by US private equity group Blackstone.

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Judge questions law firm founder on why employment class actions are worth it
Employment 2022-06-14 5:28 pm By Sam Matthews

A judge has questioned whether class actions are the best way to resolve underpayment disputes during a hearing on a settlement in two class actions against supermarket chain Romeo’s, which one group member called “criminally unfair.”

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Quintis investors to get $4.7M in class action settlement, court told
Class Actions 2022-06-14 2:51 pm By Cindy Cameronne

Two years after an insurance dispute scuttled a proposed settlement, group members in two class actions against sandalwood producer Quintis are set to receive $4.7 million in a settlement with the defunct company.

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ASIC wins contested extension in Mayfair, Mawhinney appeals
Appeals 2022-06-14 9:23 pm By Sam Matthews

A judge has granted ASIC a hotly contested extension of time in appeals brought by  Mayfair Group and founder James Mawhinney after a judge slapped the investment group with a $30 million penalty.

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Law firm seeks 30% cut in EML shareholder class action
Class Actions 2022-06-14 2:24 pm By Cat Fredenburgh

The law firm that’s running a shareholder class action against payment processing company EML will seek a group costs order for a 30 per cent cut of the suit’s proceeds.

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$630,000 legal bill should be borne by all Drakes class action members, court told
Employment 2022-06-14 9:45 pm By Cindy Cameronne

A law firm is seeking a funding equalisation order to have all group members contribute to the $630,000 legal bill it racked up in running an underpayments class action on behalf of Drakes store managers that has settled for $2 million.

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Toyota appeals loss in $2B diesel filter class action
Appeals 2022-06-10 11:45 pm By Cat Fredenburgh

Toyota has lodged an appeal of a judgment that could see it owe around $2 billion to 260,000 car owners for selling vehicles with defective diesel filters for more than they were worth.

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Sims settles shareholder class action for $29.5M
Class Actions 2022-06-10 9:43 am By Christine Caulfield

Recycling company Sims Limited will pay $29.5 million to settle a shareholder class action alleging earnings guidance for FY16 failed to account for the likely prospect of falling scrap metal prices.

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