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Judge approves $31.5M settlement in junior doctors class action
Class Actions 2024-12-18 12:59 pm By Sam Matthews

A judge has given the green light to a $31.5 million settlement in a class action brought by junior doctors accusing the ACT government and North Canberra Hospital of failing to pay overtime.

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Judge approves $57.5M ANZ class action settlement, funder’s ATE costs
Class Actions 2024-12-19 2:49 pm By Cindy Cameronne

A judge has approved a $57.5 million settlement in a class action against ANZ over credit card interest, including allowing the funder to recoup $1.2 million in after-the-event insurance costs.

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Investor class action against Linchpin insurer AIG prevails
Class Actions 2024-12-19 11:21 pm By Sam Matthews

An investor class action against failed advisory firm Linchpin Capital and its former directors has won its bid to claim its losses against a $10 million insurance policy from AIG.

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AGL cops a $25M penalty for overcharging welfare recipients
Energy & Natural Resources 2024-12-19 11:28 pm By Andy Sidler

Energy provider AGL has been slapped with a $25 million penalty after it continued to deduct payments from around 500 welfare recipients after they had closed their accounts.

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IC Markets CEO hit with guillotine orders for filing defence
Class Actions 2024-12-19 3:40 pm By Andy Sidler

A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.

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Hall & Wilcox brings on Moray & Agnew public law specialist
Public law 2024-12-18 2:05 am By Julia Kanapathippillai

Hall & Wilcox has recruited a partner to lead the firm’s newly-established Commonwealth Freedom of Information, information release and privacy practice. 

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Boral wins challenge to CEO cross-examination in class actions
Class Actions 2024-12-18 4:43 pm By Cindy Cameronne

Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report. 

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CIMIC settles shareholder class action for $45.25M
Securities 2024-12-18 6:25 pm By Andy Sidler

CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company. 

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Hytera can’t dodge ‘substantial industrial theft’ finding in Motorola case
Intellectual Property 2024-12-18 3:28 pm By Sam Matthews

An appeals court has rejected Chinese radio manufacturer Hytera’s challenge to a finding it misappropriated the source code of US mobile phone giant Motorola.

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ASIC claims crypto firm Binance denied protections to derivatives investors
Cryptocurrency 2024-12-18 5:11 pm By Julia Kanapathippillai

Crypto firm Binance deprived hundreds of customers of consumer protections by misclassifying them as wholesale clients and allowing them to buy risky derivatives, ASIC says.

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