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IOOF unit fined $6M for financial adviser’s bad advice
Financial Services 2022-02-03 6:26 pm By Cat Fredenburgh

A judge has hit IOOF unit RI Advice with a $6 million penalty for failing to rein in an adviser who reaped hefty commissions for […]

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Judge questions if ASIC’s proposed $6M penalty against IOOF unit has enough sting
Financial Services 2022-02-01 4:01 pm By Bianca Hrovat

A judge has raised concerns about a $6 million penalty proposed by the Australian Securities and Investments Commission against IOOF unit RI Advice for failing […]

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Court finds Viterra engaged in deceit during $420M Joe White sale
Competition & Consumer Protection 2022-01-28 10:58 am By Cat Fredenburgh

Food giant Cargill Australia has won its lawsuit against Glencore-owned Viterra alleging it misrepresented the performance capabilities of malt producer Joe White when it sold […]

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Judge shoots down ‘audacious’ McMillan Shakespeare claim for surplus class action funds
Class Actions 2021-12-22 5:17 pm By Miklos Bolza

A judge has rejected an “audacious” attempt by McMillan Shakespeare to recoup a surplus of funds left over after a $9.5 million class action settlement […]

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Court tosses GM’s ‘speculative’ bid to declass Holden dealer class action
Class Actions 2021-12-17 6:02 pm By Miklos Bolza

General Motors has lost its bid to de-class a representative proceeding brought by former Holden dealers over its decision to retire the iconic brand, with […]

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Mercedes-Benz hits back at $650M lawsuit, says dealer agreements not ‘perpetual’
Franchises 2021-12-07 6:38 pm By Miklos Bolza

Mercedes-Benz has responded to a $650 million lawsuit by Australian dealers over its decision to move to a fixed-price agency model, saying it had a […]

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Class action barristers among 16 new senior counsel appointments
People In The News 2021-11-11 3:05 pm By Bianca Hrovat

The Supreme Court of Victoria has appointed 16 barristers to silk, nine of whom are women, including two barristers who have worked on high-stakes class […]

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Arnold Bloch Leibler, Slater & Gordon settle class action over Quindell acquisition
Class Actions 2021-10-27 12:16 pm By Miklos Bolza

An in-principle settlement has been reached with law firms Arnold Bloch Leibler and Slater & Gordon in a class action over Slater & Gordon’s disastrous […]

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ASIC wins bad advice case against IOOF unit RI Advice
Financial Services 2021-08-02 10:30 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to […]

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General Motors wants to declass Holden franchisee class action
Automotive 2021-07-14 3:58 pm By Miklos Bolza

Car giant General Motors, which faces a class action by former Holden franchisees, wants to strip the case of class status, arguing that “idiosyncrasies” in […]

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