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University of Sydney unfairly axed lecturer over swastika image, court finds
Employment 2022-10-28 11:47 pm By Sam Matthews

A judge has found that the University of Sydney unlawfully terminated the employment of a political economy lecturer who was fired for conduct that included showing students a slide of a Nazi swastika superimposed on the Israeli flag.

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Meta wins access to info on ‘Sue Facebook’ tokens bankrolling crypto class action
Class Actions 2022-10-28 11:56 pm By Christine Caulfield

Digital giant Meta can access information on crypto tokens issued to fund a class action over Facebook’s ban on cryptocurrency ads, but the identities of those who have bought the tokens can be kept under wraps.

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Appearance of bias prompts ASIC push for Youpla special purpose liquidators
Restructuring & Insolvency 2022-10-28 11:46 pm By Christine Caulfield

A joint court application by ASIC and NSW Fair Trading calls for special purpose liquidators to claw back money from funeral insurer Youpla over concerns about the current liquidator’s relationship with the failed company’s former lawyer.

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‘Best that can be done’: Judge OK’s ‘modest’ $33M Suncorp settlement
Class Actions 2022-10-27 3:03 pm By Sam Matthews

A judge overseeing a class action against a unit of Suncorp Group has given his blessing to a settlement that will see only $14 million of its headline $33 million figure go to super members, despite finding the modest return was “far short of the maximum potential recovery” in the case.

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Judge doubts if case over NSW police strip searches should run as class action
Class Actions 2022-10-27 1:59 pm By Cindy Cameronne

A judge has cast doubt on whether a class action against the state of NSW over police strip searches at 50 music festivals should be run as a representative proceeding, telling the state to decide whether to file a de-classing application “sooner rather than later”.

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Dixon Advisory class action scores partial win in bid for insurance info
Insurance 2022-10-27 11:16 pm By Cindy Cameronne

A class action on behalf of Dixon Advisory clients with claims allegedly worth $463 million has won orders that the collapsed wealth manager disclose its insurance for liability in the proceedings. Its bid for orders that two insurers produce any relevant policies was unsuccessful.

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ASIC issues first penalty for greenwashing
ASIC 2022-10-27 2:24 pm By Sam Matthews

Tlou Energy has paid $53,280 for allegedly making false or misleading statements to the market about its sustainability practices, in the Australian Securities and Investments Commission’s first compliance action over so-called greenwashing.

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Receptionist in Tim Paine sexting saga can’t bring harassment case against Cricket Tasmania
Employment 2022-10-27 10:16 am By Cindy Cameronne

A former receptionist who allegedly suffered sexual harassment by Australian cricket players and managers has lost her bid to bring her case against Cricket Tasmania out of time, despite her claims of suffering ill mental health.

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Astora’s sudden fall into bankruptcy amid pelvic mesh class action ‘troubling’, judge says
Class Actions 2022-10-26 4:55 pm By Cindy Cameronne

A judge has stayed a class action on behalf of 6,000 women allegedly injured by defective pelvic mesh devices after Astora Women’s Health filed for bankruptcy in the United States, but questioned how the company had suddenly come to have no assets.

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ANZ cops $25M penalty for short-changing half a million Breakfree customers
Financial Services 2022-10-26 12:14 pm By Christine Caulfield

A judge has hit ANZ with a $25 million penalty in a case by the corporate regulator that alleged the bank short-changed hundreds of thousands of customers to the tune of $200 million.

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