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Fox Symes pays up over misleading ’15 second approval’ ad
Competition & Consumer Protection 2018-05-24 10:27 pm By Christine Caulfield

Debt management firm Fox Symes will pay $37,800 in penalties for misleading advertising, including its promise that customers could secure lending approval in 15 seconds.

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Bega ratchets up claims in peanut butter feud with Kraft
Competition & Consumer Protection 2018-05-24 9:49 pm By Cat Fredenburgh

Bega Cheese has brought new allegations against Kraft in their dispute over who owns the rights to the signature Kraft peanut butter packaging in Australia.

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Cash Converters pays $650,000 for breaking debt collection rules
Competition & Consumer Protection 2018-05-24 5:18 pm By Miklos Bolza

Cash Converters has agreed to pay $650,000 in a settlement with ASIC after the regulator found the retail pawnbroker routinely breached guidelines governing debt collection.

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Westpac’s conduct ‘unconscionable’, but no BBSW rate-rigging, judge says
Financial Services 2018-05-24 3:51 pm By Christine Caulfield

Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.

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Aristocrat wants to sue gaming rival for stealing poker machine idea
Intellectual Property 2018-05-24 3:06 pm By Miklos Bolza

Gaming giant Aristocrat has commenced legal action against rival Ainsworth, claiming a “controversial” game designer used confidential information to develop a competing slot machine.

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Judge denies bid to axe claim against lawyer in Deep Investments case
Securities 2018-05-23 11:00 pm By Cat Fredenburgh

A solicitor caught up in a lawsuit over alleged share trading losses has lost his bid to have misleading and deceptive conduct claims brought against him dropped.

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Corrs Chambers joins Ford class action amid Bannister’s funder feud
Class Actions 2018-05-23 10:18 pm By Christine Caulfield

Three weeks after a court heard Bannister Law could be forced off a massive class action against Ford, Corrs Chambers Westgarth has joined the case to jointly act for the lead applicants.

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Telstra’s ‘Unlimited’ ad campaign misleading, court rules
Telecommunications 2018-05-23 6:25 pm By Miklos Bolza

Telstra has engaged in misleading and deceptive conduct and breached the Australian Consumer Law with its ‘Unlimited’ advertising campaign, a judge ruled Wednesday.

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Robbie Waterhouse’s defamation case against Fairfax heads to mediation
Defamation 2018-05-23 5:41 pm By Miklos Bolza

A defamation case by the husband of racing legend Gai Waterhouse against Fairfax Media alleging a Sydney Morning Herald article damaged his reputation has been ordered into mediation by the Federal Court.

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Class actions over Willmott Forests scheme collapse wrap up
Class Actions 2018-05-23 5:17 pm By Christine Caulfield

Class actions brought by victims of the failed Willmott Forests managed investment scheme have come to a close, two years after a judge issued a stunning ruling rejecting an initial settlement as favoring clients of M&K Lawyers over other investors, and including payment of a hefty legal bill.

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