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7-Eleven class actions can’t shield witness identity despite ‘real risk’ of reprisal
Class Actions 2019-08-19 8:41 pm By Miklos Bolza

A judge has refused an application to suppress the identity of a franchisee giving evidence in two class actions against 7-Eleven despite the individual’s fears he may lose his franchising licence as retaliation by the global convenience store giant.

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Judge OKs Westpac’s confidential class action settlement over unregistered investment scheme
Class Actions 2019-07-26 2:28 pm By Christine Caulfield

A judge has signed off on a confidential settlement resolving a class action brought by investors against Westpac over its role in an unregistered managed investment scheme run by now deceased financial advisor Tony Famularo.

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ANZ to pay nothing in interim settlement of 7-Eleven franchise class actions
Franchises 2019-06-18 10:22 pm By Christine Caulfield

ANZ Bank will not pay a cent to franchisees in its settlement of two class actions that allege the bank breached its responsible lending obligations and engaged in unconscionable conduct by giving loans to purchasers of 7-Eleven franchises.

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Commonwealth planning High Court appeal of Navy class action revival
Appeals 2019-06-14 1:44 pm By Miklos Bolza

The Commonwealth of Australia is preparing a special leave application to the High Court challenging a NSW Court of Appeal decision reviving a class action brought on behalf of sailors over an allegedly broken Navy training promise.

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ANZ says 7-Eleven class action bid to restrict communications leaves bank ‘in limbo’
Franchises 2019-06-13 3:03 pm By Christine Caulfield

An attempt by applicants in two franchisee class actions against 7-Eleven to limit communications between the convenience store giant and group members ahead of a hearing to approve a confidential settlement with ANZ, the bank that loaned money to the franchisees, unfairly delays approval of the settlement until next year, a court has heard.

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Westpac settles class action over alleged Ponzi scheme
Class Actions 2019-06-12 8:18 pm By Miklos Bolza

Banking giant Westpac has settled an investor class action brought by Levitt Robinson for its alleged role in an unregistered managed investment scheme.

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7-Eleven class actions launch second bid to limit communications with franchisees
Franchises 2019-06-05 3:56 pm By Miklos Bolza

After a first failed attempt, two class actions against 7-Eleven are trying again to restrict communications between the convenience store giant and franchisees ahead of a settlement approval hearing with ANZ, the bank that loaned money to store owners.

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Class action by sailors over broken Navy training contract revived on appeal
Appeals 2019-05-31 11:55 pm By Christine Caulfield

An appeals court has overturned a decision dismissing a class action on behalf of enlisted Navy sailors alleging the Commonwealth of Australian breached a contract to train them to earn engineering degrees.

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ANZ settles class actions by 7-Eleven franchisees
Class Actions 2019-04-15 10:02 pm By Cat Fredenburgh

ANZ has reached an in-principle settlement in two class actions alleging it breached its responsible lending obligations by providing loans to purchasers of 7-Eleven franchises that were not financially viable.

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Commonwealth Bank faces whistleblower lawsuit by ex-general manager
Financial Services 2019-04-08 10:00 pm By Cat Fredenburgh

The Commonwealth Bank has been hit with a lawsuit by a former general manager who claims his retrenchment in 2013 violated the whistleblower protections under the Corporations Act.

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