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Firm’s ‘ridiculously low’ fee budget in Westpac class action drives down funder’s cut
Class Actions 2023-12-11 11:22 am By Christine Caulfield

A judge’s decision to chop $810,000 from the funder’s cut of a settled class action against Westpac sounds a warning to class action litigators that […]

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Westpac class action settlement gets OK, but funder won’t recoup all ATE insurance
Financial Services 2023-11-13 11:33 pm By Christine Caulfield

A $29.95 million settlement resolving a superannuation class action against two Westpac units has won court approval. The judge overseeing the case has also indicated […]

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Useless to continue $400M underpayments class action against Tandem, judge says
Class Actions 2023-06-19 11:18 pm By Cat Fredenburgh

A judge has approved the discontinuance of an underpayments class action against Tandem, saying it would be “inutile” to press forward with the case after […]

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Judge mulls contradictor over ATE costs in super class action against Westpac
Class Actions 2023-06-15 5:11 pm By Sam Matthews

A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has flagged the possibility of appointing a contradictor to […]

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Judge ‘horrified’ at ATO involvement in distributing superannuation class action settlements
Class Actions 2023-04-05 12:52 pm By Cindy Cameronne

A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has expressed concerns about the ATO’s potential involvement in […]

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Class action seeks court OK to drop case after teleco contractor fails
Employment 2023-04-04 5:26 pm By Christine Caulfield

The applicant in an underpayments class action against telecommunications contractor Tandem — which has been stayed since the company entered administration — has asked a […]

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Top 10 class action settlements of 2022
Top 10 Class Action Settlements 2023-01-06 3:23 pm By Sam Matthews

Class action settlement sums reached new highs last year, with the ten largest agreements totalling almost $1 billion, almost half of which was secured by […]

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Westpac settles superannuation class action for $30M
Class Actions 2022-12-16 12:03 pm By Sam Matthews

Westpac has agreed to pay $29.95 million to settle a class action alleging subsidiaries BT Funds Management Limited and Westpac Life Insurance Services Limited charged […]

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Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Financial Services 2022-10-12 11:06 am By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a […]

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‘Blood out of a stone’: Class action settlement no big pay day for IPO Wealth investors
Class Actions 2022-10-04 2:22 pm By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund are set to recoup only a fraction of their alleged $67 million losses in a best-case settlement […]

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