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Woolworths denies class action claims as underpayments blow out to $390M
Class Actions 2020-07-21 6:08 pm By Alison Eveleigh

Despite admitting that it underpaid workers to the tune of $390 million, supermarket giant Woolworths has denied underpayment claims levelled against it in a class action brought by disgruntled current and former staff.

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Ardent Leisure hit with charges over Dreamworld deaths
White Collar 2020-07-21 12:58 pm By Cat Fredenburgh

Ardent Leisure, which operates the Dreamworld theme park in Queensland, has been hit with three charges over four deaths that occurred at the theme park in 2016 following a ride malfunction.

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IOOF admits head of research had underlings take his compliance training
Class Actions 2020-07-20 6:09 pm By Christine Caulfield

IOOF has admitted that some allegations in an employee complaint at the centre of a shareholder class action were “substantially true”, including claims that it overstated the performance of its ‘Buy Model’ investment portfolio and that its head of research instructed subordinates to complete his training courses for him.

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Sham contracting class action against Appco close to settling, court told
Class Actions 2020-07-20 2:40 pm By Christine Caulfield

A ‘sham contracting’ class action against fundraiser Appco, said to be worth $90 million, could be settled in two weeks, the lawyer for the lead applicant told a judge on Monday.

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Westpac hit with class action over banned car loan scheme
Class Actions 2020-07-16 10:35 pm By Cat Fredenburgh

Westpac has been hit with a class action over a “shonky” car loan scheme, in what is the first class to be filed in Victoria Supreme Court following passage of a state law allowing lawyers to earn contingency fees.

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‘Horrendous class action journey’: BoQ case should be focus of inquiry, group members say
Class Actions 2020-07-15 11:23 pm By Miklos Bolza

Elderly victims of Ponzi schemer Bradley Sherwin have told the government’s class action inquiry of their “horrendous class action journey”, which led to a “pathetic outcome” in which the majority of a $12 million settlement with the Bank of Queensland went to the law firm and funder behind the case.

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Westpac defends AUSTRAC disclosures in shareholder class action
Class Actions 2020-07-15 7:02 pm By Miklos Bolza

Westpac has denied claims in a shareholder class action filed in the wake of AUSTRAC proceedings alleging 23 million breaches of anti-money laundering and counter-terrorism finance laws, saying the information the class action says it should have disclosed to shareholders “did not exist”.

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ASIC declined to take action on class action funding arrangement, inquiry told
Class Actions 2020-07-15 6:50 pm By Alison Eveleigh

The corporate watchdog would not take action on funding terms in a Fair Work class action brought by Adero Law, after receiving reports of potential misleading or deceptive conduct by the law firm and the funder backing the case, according to submissions made in the government’s latest inquiry into litigation funding and class actions.

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Ford docs don’t contain trade secrets, class action judge says
Class Actions 2020-07-15 6:44 pm By Cat Fredenburgh

The judge hearing a class action trial against Ford over its allegedly defective Powershift transmission has rejected the car maker’s argument that certain documents should be suppressed because they hold trade secrets, saying Ford did not invent the 6 Sigma problem solving method on which some of the reports were based.

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Westpac faces class action over car loan ‘rort’
Class Actions 2020-07-14 7:59 pm By Alison Eveleigh

Westpac is facing a class action over an allegedly dishonest car loan scheme that was eventually banned by the corporate regulator.

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