AMP slams ‘red herring’ in class action transfer fight
Class Actions August 14, 2018 8:58 pm By Miklos Bolza

Embattled financial giant AMP on Tuesday criticised concerns raised by lawyers for the federal class actions about group members’ opt out rights, saying the concerns were a “red herring” in the fight against an order transferring their cases to the NSW Supreme Court.

Optus, Telstra reach deal over ‘Unlimited’ ads
Competition & Consumer Protection August 14, 2018 10:05 pm By Christine Caulfield

A claim for damages by Optus over Telstra’s ‘Unlimited’ ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.

Class action can claim Westpac unit knew about $1.9M Ponzi scheme
Class Actions August 14, 2018 9:23 pm By Cat Fredenburgh

A judge has denied a Westpac unit’s bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging the bank aided the Ponzi schemer’s illegal conduct.