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RAMS mulls cross-claim against franchisees in class action
Class Actions 2024-06-13 2:24 pm By Sam Matthews

Westpac subsidiary RAMS has flagged a cross-claim against disgruntled franchisees who say their agreements were terminated without proper cause, citing possible breaches of the National Credit Act. 

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Judge OKs $100M Colonial class action settlement, questions ‘strange’ funding agreement
Superannuation 2024-06-03 11:11 pm By Sam Matthews

The judge overseeing a consumer class action against wealth manager Colonial First State Investments has given the green light to a $100 million settlement, but questioned a $23.1 million cut to funder Augusta under a “strange” funding agreement.

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RAMS hit with class action by disgruntled franchisees
Class Actions 2024-05-27 2:20 pm By Sam Matthews

Westpac subsidiary RAMs has been hit with a class action by former franchisees who say their agreements with the home loan provider were terminated without proper cause.

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Litigation funder hits pay dirt with taxi driver class actions against Uber
Class Actions 2024-05-13 11:30 pm By Christine Caulfield

The funder behind two class actions against Uber, which have settled for $272 million, stands to make a tidy sum if the settlement holds up at a court approval hearing.

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Uber says use of spyware to lure GoCatch drivers not like burglary
Trials 2024-04-03 11:05 pm By Sam Matthews

Uber has hit back at claims that it engaged in corporate espionage by using a software program called SurfCam to lure drivers away from rival GoCatch, saying its actions could not be compared to burglary because the material it obtained was not confidential.

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Uber’s lawyers ‘panicked’ during regulator’s investigation, court hears
Trials 2024-04-02 10:47 pm By Cindy Cameronne

Lawyers at Herbert Smith Freehills panicked as their client Uber obfuscated a regulator’s investigation during an alleged unlawful conspiracy to launch illegal rideshare operations, a trial has heard. 

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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales of its natural sanitiser product during the height of the COVID-19 pandemic, and hit its CEO with a four-year ban. 

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire car drivers in four states over the introduction of UberX.

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‘A Pyrrhic victory’: Class action up for Worley’s costs after failing to prove loss
Class Actions 2024-03-07 3:59 pm By Christine Caulfield

Despite succeeding on a number of claims, the applicant in a tortuous shareholder class action against Worley must foot the engineering services company’s bill for defending two trials.

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Worley shareholder class action takes another trip to appeals court
Class Actions 2024-02-07 11:09 pm By Christine Caulfield

It’s a case of déjà vu in a class action against engineering services company Worley, with shareholders heading back to the appeals court after losing a second trial in their drawn out fight over disclosure breaches.

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