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Settlement reached in shareholder class action against Vocation, auditor PWC
Class Actions 2020-09-18 10:33 pm By Cat Fredenburgh

A shareholder class action against Vocation that has spanned five years and spawned multiple cross claims against the failed training company’s auditor, law firm and individual directors, has reached an in-principle settlement.

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Founder of law firm Atanaskovic Hartnell could be a ‘model of civility’, ex-partner tells court
Employment 2020-09-18 7:30 pm By Miklos Bolza

Lawyer John Atanaskovic, the founded of Sydney firm Atanaskovic Hartnell, could come across as “rude” but he was other times a “model of civility and subordinance”, former equity partner Tony Hartnell has told a court during trial in a case by a former general manager alleging bullying and breach of contract.

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Running class action trial from kitchen table ‘preposterous’, court hears
Class Actions 2020-09-18 4:43 pm By Christine Caulfield

Describing as “preposterous” the prospect of running a six-week trial in a class action against Crown Resorts from her kitchen table with three children at home, the Melbourne-based barrister for the lead applicant is again urging the Federal Court to declare the case a priority matter.

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Oscar Wylee fined $3.5M for its ‘betrayal’ of consumers
Competition & Consumer Protection 2020-09-18 1:00 pm By Christine Caulfield

Eyewear retailer Oscar Wylee has been fined $3.5 million for its misleading ‘Buy a pair, Give a pair’ promotion, with a judge calling the representations “brazen” and “plainly deceitful”.

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‘Sad and tragic’: Court winds up Mayfair’s IPO Wealth Fund
Restructuring & Insolvency 2020-09-17 5:53 pm By Miklos Bolza

AĀ  judge has ordered 17 companies connected to Mayfair’s “failed” IPO Wealth Fund to be wound up after finding the fund’s director put investor money at risk through “highly speculative” investments to make a windfall for himself.

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Judge dismisses Macquarie bid for ‘irrelevant’ tax docs in underpayments suit
Financial Services 2020-09-17 2:39 pm By Alison Eveleigh

Three former Macquarie Bank financial advisors who claim the bank underpaid them have successfully appealed a decision ordering them to hand over personal tax assessments, with an appeals court finding that the most the bank could make of the documents was to ā€œinflict a degree of embarrassmentā€ on its ex-employees.

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Commonwealth Bank settles with ex-GM who blew whistle on bonuses
Employment 2020-09-17 2:12 pm By Cat Fredenburgh

Commonwealth Bank of Australia has resolved a lawsuit brought by a former general manager alleging he lost his job for blowing the whistle on a system allegedly used by staff to inflate their bonuses.

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Judge delays Robodebt trial to let class add claims against five government employees
Class Actions 2020-09-16 5:56 pm By Alison Eveleigh

A judge has given the green light for the applicants in the Robodebt class action to file an amended statement of claim on the eve of trial that adds a claim for exemplary damages and drags five government employees into the proceedings.

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Common fund orders under attack again in Takata airbags class action
Class Actions 2020-09-16 2:47 pm By Alison Eveleigh

Common fund orders are again under scrutiny in a class action which was at the centre of the High Courtā€™s decision to strike down the orders, with a NSW Supreme Court judge sending back to the appeals court the question of whether the orders can be made at settlement.

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Andrews government faces second class action over COVID-19 lockdown
COVID-19 2020-09-16 2:15 pm By Christine Caulfield

A second class action has been launched against the Andrews Government over stage four restrictions imposed on Victorians, alleging failures to manage the state’s hotel quarantine program were directly to blame for the second wave of COVID-19 cases.

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