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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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Court approves $14.6M settlement in Ashley Services class action
Class Actions 2019-06-13 1:50 pm By Miklos Bolza

The Federal Court has approved a $14.6 million class action settlement with private training company Ashley Services, auditors Deloitte and Grant Thornton, and Holmes Management Group, with IMF Bentham set to pocket around $4.8 million for funding the litigation.

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More than half of all federal class action settlements missing vital info: report
Class Actions 2019-06-12 8:26 pm By Christine Caulfield

More than 55 percent of the 154 settlements reached in federal class actions in Australia are lacking critical information about the deal, and the extensive use by judges of confidentiality orders is partly to blame, according to a new paper by a leading class action expert.

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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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NAB may face beefed up class action over ‘worthless’ insurance
Class Actions 2019-06-12 3:55 pm By Cat Fredenburgh

Slater and Gordon is looking to significantly expand its class action against National Australia Bank over the sale of “worthless” credit card insurance to include personal loan customers who were sold allegedly unsuitable insurance policies.

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Bannister Law founder facing subpoena in NSW ambulance privacy class action
Class Actions 2019-06-12 1:50 pm By Miklos Bolza

A class action against the NSW government over a contractor who sold the personal details of 130 ambulance workers to personal injury law firms has flagged it may subpoena the founder and principal of Bannister Law, which purchased the confidential information.

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In win for class, judge says promises in McMillan Shakespeare unit’s warranties were illusory
Class Actions 2019-06-11 11:13 pm By Cat Fredenburgh

Promises to pay out claims under vehicle warranties issued by a unit of car leasing giant McMillan Shakespeare were illusory because of a clause that gave the company “manifestly sweeping” discretion to reject any claim, a judge has ruled, in a victory for a class action over the allegedly worthless financial products.

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Settlement reached in recycling plant fire class action
Class Actions 2019-06-11 10:42 pm By Cat Fredenburgh

A settlement has been reached in a class action brought on behalf of individuals and businesses that allegedly suffered loss or injury from a 2017 fire at the Coolaroo recycling plant in Victoria.

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Shareholder class action against Sirtex settles mid-trial
Trials 2019-06-06 10:47 pm By Christine Caulfield

Sirtex Medical has reached a mid-trial agreement to resolve a shareholder class action that centred on the biotech company’s sales forecasts of its radiation treatment.

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Quintis to hand over insurance docs in class actions
Competition & Consumer Protection 2019-06-06 10:23 pm By Cat Fredenburgh

Failed sandalwood oil producer Quintis has agreed to hand over insurance policies showing any coverage for potential liability it or its former CEO may have in two class actions brought against them.

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