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Discovery led to funder dropping class action against Westpac unit
Financial Services 2024-10-25 3:19 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds and Tal Life Insurance was discontinued after documents discovered by the companies caused funder Woodsford to bow out.

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Superannuation class action against Westpac unit to be discontinued
Class Actions 2024-09-06 12:44 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.

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3A Composites’ cladding comparable to petrol, class action trial told
Trials 2024-08-26 11:36 pm By Cindy Cameronne

A class action trial has heard that allegedly flammable Alucobond panels provided by 3A Composites and supplier Halifax Vogel are comparable to petrol and could present an “insurmountable challenge” to containing a fire.

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X subject to Australian jurisdiction in Muslim group’s hate speech case, tribunal says
Human Rights 2024-05-27 11:14 pm By Christine Caulfield

The Queensland Civil and Administrative Tribunal has ruled that social media giant X must face a human rights complaint brought by a Muslim advocacy group over allegedly dehumanising material on the site.

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IOOF offered $6M to settle class action that ultimately flopped 
Class Actions 2024-04-15 11:02 pm By Andy Sidler

Investment manager IOOF has failed to persuade a judge that the applicant in a failed shareholder class action should face indemnity costs for rejecting a $6 million offer to settle the case.

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ASIC launches appeal in landmark case over Finder Wallet’s cryptocurrency
Cryptocurrency 2024-04-11 3:48 pm By Christine Caulfield

The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.

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Police thought Higgins ‘may have been drugged’, say new submissions in Lehrmann case
Defamation 2024-04-09 11:35 pm By Christine Caulfield

A master chronology of the events on the night Bruce Lerhmann allegedly raped former policital staffer Brittany Higgins in Parliament House reveals federal police had concerns that Higgins may have been drugged.

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‘Embarrassing in the true sense’: Westpac class action faces strike-out bids
Class Actions 2024-03-25 3:12 pm By Sam Matthews

Westpac subsidiary BT Funds Management and Tal Life Insurance have foreshadowed applications to strike out the pleadings of a class action alleging superannuation customers were overcharged for insurance coverage. 

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In loss for ASIC, court finds AFSL not needed for Finder’s crypto product
Cryptocurrency 2024-03-14 4:25 pm By Cindy Cameronne

In a loss for the Australian Securities and Investments Commission, a judge has found that comparison website Finder did not need a financial services licence to sell its cryptocurrency product Finder Earn because it was not a financial product.

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Damages halted as Transport for NSW appeals loss in light rail class action
Appeals 2024-03-12 5:22 pm By Cindy Cameronne

Small businesses that allegedly suffered losses from interference caused by the construction of Sydney’s $3 billion light rail will have to wait before receiving any damages while Transport for NSW appeals its loss in a class action over the project’s construction.

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