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‘Disastrous’ GetSwift class action settlement revised down to $1M
Class Actions 2022-12-20 4:47 pm By Cat Fredenburgh

A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and may face a liquidators’ challenge that could see a group members recover nothing.

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AVZ Minerals may face class action over lithium project disclosures
Securities 2022-12-20 9:52 pm By Cat Fredenburgh

Lithium prospecting  company AVZ Minerals is facing a potential class action for allegedly misleading shareholders about its ownership rights to its flagship lithium project in the Democratic Republic of Congo. 

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‘ASX Wolf’ trader’s Instagram account was unlicensed financial services biz, court rules
Financial Services 2022-12-20 4:51 pm By Sam Matthews

Gold Coast ‘finfluencer’ Tyson Scholz provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room, a judge has found.

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Pokemon No! Gaming company sues over unauthorised NFTs
Intellectual Property 2022-12-20 5:27 pm By Cindy Cameronne

The Pokemon Company has taken an Australian business to court for allegedly threatening to release Pokemon non-fungible tokens for use in an augmented reality game without the copyright owner’s permission.

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Despite pleading guilty, CBA dodges criminal case over consumer credit insurance
Competition & Consumer Protection 2022-12-20 9:39 am By Christine Caulfield

A precedential ruling on the statute of limitations in a separate case has forced the dismissal of criminal charges against the Commonwealth Bank — after the bank pleaded guilty.

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‘Predatory and flagrant’: Debt collector A&M Group to pay $800,000 in ASIC case
Financial Services 2022-12-20 3:00 pm By Cindy Cameronne

A judge has ordered debt collection agency A&M Group to pay $800,000 after it allegedly harassed and coerced debtors by repeatedly contacting family, friends and employers and claiming they could face imprisonment.

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Class action by NSW local councils against insurer JLT dismissed by court
Insurance 2022-12-19 4:58 pm By Cindy Cameronne

A judge has thrown out a long-running class action on behalf of 20 local councils in NSW alleging insurer JLT Risk Solutions charged them hundreds of millions of dollars in excessive premiums over nine years.

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Settlement reached in associates’ sexual harassment case against judge
Employment 2022-12-19 11:33 pm By Christine Caulfield

Multi-million dollar claims of sexual harassment by two associates of a former Victoria Supreme Court judge have been settled by the state out of court.

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Aussie Skips, CEO charged with cartel offences
ACCC 2022-12-19 4:13 pm By Sam Matthews

Aussie Skips Recycling and Aussie Skips Bin Services have been charged with two criminal cartel offences over alleged price fixing for demolition waste services in Sydney.

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Shine stuck running Blue Sky, EY class action with rival firm
Securities 2022-12-19 5:32 pm By Cindy Cameronne

A law firm has lost its bid to challenge a court order that it join forces with a competing firm in an investor class action against Blue Sky Alternative Investments and auditor EY.

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