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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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Google to try its hand at staying Epic Games competition suit after Apple fails
Competition & Consumer Protection 2021-07-23 1:41 pm By Cat Fredenburgh

Google is pressing forward with an application to stay Fortnite game maker Epic Games’ competition lawsuit over its Google Play store terms, despite the Full Court rejecting a similar move by Apple.

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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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$1.3M awarded to Queensland floods class action sample group members
Class Actions 2021-05-07 5:01 pm By Cindy Cameronne

A judge has awarded four sample group members in the Queensland floods class action $1.28 million in compensation, finding that charitable payments did not affect the amount of interest payable on the damages they are owed.

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Court OKs $440M settlement in Queensland floods class action
Class Actions 2021-05-03 2:46 pm By Christine Caulfield

A $440 million settlement by the State of Queensland and dam operator Sunwater resolving a class action over the 2011 Queensland floods has been approved by a NSW judge.

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Declassing bid defeated in Jardine Lloyd Thomson class action
Class Actions 2021-04-16 4:17 pm By Miklos Bolza

Insurance broker Jardine Lloyd Thompson has lost its bid to shut down a class action brought on behalf of NSW local councils, with a judge finding it was “entirely appropriate” for the case to proceed as a class action.

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Google misled users about location data privacy, judge rules
Competition & Consumer Protection 2021-04-16 10:29 am By Christine Caulfield

Google misled or is likely to have misled some reasonable users of its Android devices about the digital giant’s use of their location data, a judge has found in a win for the consumer regulator.

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Law firm racked up $60M legal bill in Queensland floods class action
Class Actions 2021-03-15 2:01 pm By Miklos Bolza

The law firm behind a long-running class action over the 2011 floods in Queensland which reached a $440 million partial settlement last month has estimated that its legal bill to date totals around $60 million.

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$440M settlement reached in Queensland floods class action
Class Actions 2021-02-26 1:16 pm By Cat Fredenburgh

The State of Queensland and subcontractor Sunwater have agreed to pay $440 million to settle part of a class action over the 2011 floods in Queensland that destroyed 2,000  homes in the state.

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ACCC secures $83.5M in fines over vehicle shipping cartel
Competition & Consumer Protection 2021-02-04 10:43 pm By Cat Fredenburgh

Norwegian shipping company Wallenius Wilhlmsen Ocean has been fined $24 million for conspiring to fix the rates charged for shipping vehicles to Australia, bringing the total fines won by the ACCC over the shipping cartel to $83.5 million.

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