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Fitch settles investor class action over credit ratings on toxic SCDOs
Exclusive July 19, 2019 10:56 am By Christine Caulfield

Fitch Ratings has agreed to settle the last of the investor class actions in Australia flowing from the global financial crisis, a court heard Friday. […]

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Investors set to get 40% of settlement in class action against Westpac’s BankSA
Class Actions July 19, 2019 3:12 pm By Christine Caulfield

Group members in a recently settled class action against Westpac unit BankSA over its conduct in connection with convicted Ponzi schemer Michael Samra are expected to get 40 percent of the confidential settlement, a result a judge said wasn’t as bad as he might have feared.

Jailed Healthzone CEO loses ‘armchair appeal’ of fraud conviction
White Collar July 19, 2019 3:06 pm By Christine Caulfield

The jailed former CEO of defunct health food business Healthzone has lost his appeal of a criminal conviction and sentence over a conspiracy to fraudulently use a $1 million company bank loan to repay personal debts.

CEO taken to court for allegedly paying nanny $2.33 an hour
Employment July 17, 2019 10:12 pm By Christine Caulfield

The CEO of a property development company faces enforcement action by the Fair Work Ombudsman for allegedly paying his nanny $2.33 an hour for over […]

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Uber Eats makes restaurant contracts easier to swallow after ACCC scrutiny
Competition & Consumer Protection July 17, 2019 3:53 pm By Christine Caulfield

Uber Eats will overhaul its contracts with restaurants after an investigation by the Australian Competition and Consumer Commission found the agreements unfairly favoured the food […]

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Vodafone avoids fine after agreeing to refund customers over misleading billing
Competition & Consumer Protection July 16, 2019 2:14 pm By Christine Caulfield

Telecommunications company Vodafone will refund thousands of customers misled by its direct carrier billing charges after an investigation by the consumer watchdog that saw Telstra […]

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Judge ‘troubled’ by bid to extend class closure order in UGL shareholder action
Class Actions July 15, 2019 10:26 pm By Christine Caulfield

A judge overseeing a class action against engineering company UGL has agreed to extend a class closure order to give the parties a second chance […]

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Allergan faces potential class action over breast implants linked to rare cancer
Personal injury July 12, 2019 10:07 pm By Christine Caulfield

Slater & Gordon is probing a possible class action against Allergan Australia on behalf of women who developed a rare form of lymphoma linked to […]

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Adani defeats appeal in native title challenge to Queensland coal mine
Energy & Natural Resources July 12, 2019 10:30 pm By Christine Caulfield

A group of Indigenous Australians opposed to Adani’s Carmichael coal mine in Queensland has lost an appeal of a ruling dismissing a native title case […]

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Judge slammed by Full Federal Court for ‘egregious departure’ from role
Appeals July 8, 2019 10:44 pm By Christine Caulfield

The Full Federal Court has ordered a retrial in a landmark Fair Work Ombudsman case that saw the owner of a Cairns tour company sentenced […]

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