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Nine settles class action over Palm Island litigation coverage
Class Actions 2024-03-15 5:34 pm By Cindy Cameronne

Group members in a class action against Nine over its coverage of litigation related to the 2004 Palm Island riots will receive between $2,000 to $5,200 as part of a settlement reached to resolve the case.

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Court asked to sign off on 34% cut for group members in Wellard class action
Securities 2024-03-14 4:36 pm By Sam Matthews

A shareholder class action against livestock exporter Wellard is seeking approval for a $23 million settlement which will see only $7.86 million go to group members, telling the court that the funder and law firm that ran the case have agreed to take a haircut on the deductions they’re entitled to.

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NAB settles trade mark spat with You Need A Budget app
Intellectual Property 2024-03-12 9:21 pm By Cat Fredenburgh

National Australia Bank has resolved trade mark proceedings brought against US budgeting app You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.

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Junior doctors class action settles with NSW Health
Class Actions 2024-03-08 12:43 pm By Cindy Cameronne

A class action representing thousands of junior doctors alleging they were systematically underpaid has settled with NSW Health for a confidential sum, but a related union case is set to continue.

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Mecca resolves suit over post-maternity leave redundancy
Employment 2024-02-29 4:56 pm By Cat Fredenburgh

The former head of brand marketing at Mecca Brand has dropped her lawsuit alleging the cosmetics retailer violated the Fair Work Act by making her position redundant after a period of maternity leave.

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Tyro secures $10M settlement in restraint of trade case against Lightspeed unit
Fintech 2024-02-16 5:52 pm By Cat Fredenburgh

EFTPOS provider Tyro has secured a $10 million settlement in a lawsuit accusing a unit of Canadian firm Lightspeed of violating a restraint of trade clause by encouraging Tyro customers to adopt its own competing payment system.

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Deductions to eat up 66% of Wellard shareholder class action settlement
Class Actions 2024-02-13 10:43 pm By Cat Fredenburgh

Group members in a shareholder class action against livestock exporter Wellard will get 34 per cent of a $23 million settlement if the court approves deductions sought by the funder and law firm that ran the case.

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Cattle exporter Wellard settles shareholder class action for $23M
Class Actions 2024-02-02 3:01 pm By Cindy Cameronne

A shareholder class action against livestock exporter Wellard over a profit downgrade following its $300 million initial public offering in 2015 has settled for $23 million. 

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Court approves $4.5M settlement in fire class action
Class Actions 2024-02-02 11:15 pm By Sam Matthews

A judge has approved a $4.5 million settlement in a class action over a fire allegedly ignited by welding work in rural NSW, despite a handful of objections from group members. 

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SkyCity settles with AUSTRAC, puts aside $73M for penalty
Gaming 2024-02-01 4:57 pm By Cindy Cameronne

SkyCity has reached an agreement with AUSTRAC in proceedings alleging it allowed $4 billion in suspicious transactions, setting aside $73 million to cover penalty and costs.

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