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Judge tosses financial advice class action against ex-CBA unit
Class Actions 2025-05-27 11:49 pm By Cindy Cameronne

A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict. 

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‘Better than nothing’: Judge OKs class action payout in Qoin
Class Actions 2025-05-27 11:43 pm By Sam Matthews

A judge has approved a settlement in a class action against crypto firm BPS Financial that gives group members and the funder alleged worthless Qoin, an outcome described as “better than nothing”.

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TerraCom to pay $7.5M to settle ASIC’s whistleblower suit
ASIC 2025-05-27 11:56 pm By Cat Fredenburgh

Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower’s reputation. 

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ASX can’t see file notes of key ASIC interview in CHESS case
ASIC 2025-05-27 11:37 pm By Cindy Cameronne

A judge has upheld ASIC’s privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system. 

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Toyota Finance hit with class action over add-on insurance
Class Actions 2025-05-26 11:56 pm By Cindy Cameronne

Toyota Finance has been hit with a class action alleging customers paid thousands for ‘junk’ add-on insurance, on the heels of a law firm’s unsuccessful bid to add the claims to an existing class action over flex commissions. 

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Construction PRO
Developer wins appeal over deal for NDIS housing
Appeals 2025-05-27 11:34 pm By Sam Matthews

Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.

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X Corp brings legal challenge over eSafety obligations
Social Media 2025-05-26 11:48 pm By Cindy Cameronne

X Corp has brought proceedings against the eSafety commissioner arguing it is not covered under a new online safety standard, which allows the regulator to issue fines without a notice.

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Moderna loses bid to patent mRNA vaccine
Intellectual Property 2025-05-26 11:02 am By Cat Fredenburgh

Moderna has failed in its bid to secure an mRNA vaccine patent, but an IP Australia delegate gave the US biotech another shot at its application. 

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Judge approves ‘high end’ 30% GCO in JB Hi-Fi class action
Class Actions 2025-05-23 11:15 pm By Andy Sidler

A judge has approved Maurice Blackburn’s 30 per cent group cost order in a class action against JB Hi-Fi over worthless warranties, noting the ‘high end’ rate would be reviewed at a later stage.

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Construction PRO
CSR prevails in appeal over works at $408M Horsley Park industrial development
Real Estate 2025-05-26 11:52 pm By Cindy Cameronne

CSR Building Products has won a legal challenge over a development application at its 52-hectare industrial estate in western Sydney, which has generated sale proceeds of over $408 million to date. 

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