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Westpac lending class action gets makeover after ASIC loss
Financial Services October 30, 2019 4:07 pm By Christine Caulfield

A class action accusing Westpac of issuing unsuitable home loans is pushing forward with overhauled pleadings after the corporate watchdog lost a related regulatory action, […]

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Fair Work Ombudsman ‘shocked’ after Woolworths reveals $300M staff underpayment
Employment October 30, 2019 2:07 pm By Christine Caulfield

The Fair Work Ombudsmand has vowed to hold Woolworths to account after the supermarket giant disclosed Wednesday it had underpaid thousands of employees up to […]

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FreezeFrame launches infringement action over RevitalEyes knock-offs
Intellectual Property October 30, 2019 10:17 pm By Christine Caulfield

The cosmetics company behind the beauty range FreezeFrame has filed proceedings against a Sydney-based wholesaler alleging the company is selling counterfeit versions of its popular […]

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New class action alleges ‘institutional racism’ by NT government
Class Actions October 30, 2019 9:09 pm By Christine Caulfield

The Northern Territory government has been hit with a class action alleging the Indigenous population of the remote NT community of Wadeye is subject to […]

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AMP says ‘patronising’ former GC did not expose fees for no service practice
Employment October 29, 2019 2:55 pm By Christine Caulfield

The former AMP general counsel who alleges she was bullied and sacked for complaining about the wealth manager’s fees for no service was not a […]

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Group members left with less than half of $18M UGL class action settlement
Class Actions October 29, 2019 1:50 pm By Christine Caulfield

UGL shareholders that signed up to a class action against the engineering company over disclosures related to its Ichthys power plant contract will get less […]

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Woolworths class action funder wants up to 35% of any recovery
Class Actions October 28, 2019 12:23 pm By Christine Caulfield

The funder backing a shareholder class action against Woolworths wants a 35 percent slice of any settlement or judgment in the $100 million case, according […]

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After landmark Myer ruling, settlements in shareholder class actions to stay the norm
Analysis October 25, 2019 8:39 pm By Christine Caulfield

A groundbreaking class action ruling by the Federal Court on Thursday that found Myer misled shareholders and accepted the applicant’s market-based causation theory is the […]

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Judge rules Myer misled shareholders, backs market-based causation
Class Actions October 24, 2019 2:39 pm By Christine Caulfield

A judge has ruled that department store Myer engaged in misleading or deceptive conduct and breached its continuous disclosure obligations when it failed to correct […]

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Westpac takes almost $1B hit to cash earnings for customer refunds
Financial Services October 23, 2019 10:21 pm By Christine Caulfield

The costs of Westpac’s customer remediation for the 2019 financial year will approach $1 billion, the bank said Wednesday, as it revealed to the market […]

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