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Care A2 Plus seeks to block US fraud suit brought by distributor
Competition & Consumer Protection 2023-08-17 11:00 pm By Sam Matthews

After being hit by a $200 million claim in Australia, infant formula company Care A2 Plus is asking the court to block US business partner Gensco from filing a second lawsuit in its home country, which it says is intended to “harass and split the resources” of CAP and its directors.

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Nursing home class actions try again for insurance docs
Class Actions 2023-08-17 11:32 pm By Cat Fredenburgh

Two class actions against Victorian aged care providers on behalf of families of residents who died due to alleged failures during the COVID-19 pandemic have appealed a ruling that rejected their bid for insurance and financial information to assist in mediation.

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Crypto lender sentenced over false credit licence claim
Cryptocurrency 2023-08-17 10:59 pm By Sam Matthews

Cryptocurrency lender Helio Lending Pty has been slapped with a non-conviction bond for falsely claiming that it held an Australian credit license.

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Deloitte settles class action over Hastie audits
Settlement 2023-08-16 10:13 pm By Cat Fredenburgh

Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the accounting firm unsuccessfully fought to shield its audit reports.

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Norovirus class action defeats Carnival’s latest strike-out bid
Class Actions 2023-08-16 11:49 pm By Cindy Cameronne

A class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship has defeated the cruise operator’s second strike out bid, with a judge saying the failure to identify what exactly went wrong “may not be fatal” to the case.

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Best & Less to backpay workers $5.2M in agreement with FWO
Employment 2023-08-16 1:25 pm By Cindy Cameronne

Retailer Best & Less will back-pay staff over $5.2 million as part of an undertaking to the Fair Work Ombudsman, after an internal review found salaried managers were not paid enough to cover their entitlements.

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Clive Palmer can’t hide role as funder of discontinued class action against Telstra
Class Actions 2023-08-15 11:23 pm By Christine Caulfield

A judge who previously described as a “schemozzle” a law firm’s attempt to drop a class action over Telstra’s COVID-19 vaccine policy has refused a bid to keep secret Clive Palmer’s involvement as funder of the aborted litigation.

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Care A2 Plus denies claims in $200M fight with baby formula distributor Gensco
Contracts 2023-08-15 11:22 pm By Sam Matthews

Australian infant formula company Care A2 Plus has hit back at a $200 million lawsuit by US business partner Gensco, arguing the distributor did not properly execute the agreement at the heart of the dispute as allegations of phantom companies fly.

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Three-way contest looms to run class action against IG Markets over CFDs
Class Actions 2023-08-15 11:16 am By Cindy Cameronne

IG Markets has been hit with a second class action for offering “highly risky and unsuitable financial products” to retail investors, with a third competing proceeding in the works.

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Blue Sky director points finger at EY in shareholder class action
Class Actions 2023-08-15 10:55 pm By Cindy Cameronne

A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management. 

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