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Westpac slams Shine’s ‘sales pitch’ in insurance class action opt out notice
Class Actions February 21, 2020 10:21 pm By Miklos Bolza

Westpac has criticised Shine Lawyers for allegedly turning a registration and opt out notice to group members in a class action over life insurance premiums […]

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Funder to continue backing Westpac insurance class action, for now
Class Actions February 12, 2020 11:43 am By Miklos Bolza

The funder behind a class action against Westpac over allegedly excessive insurance premiums has confirmed that it will continue backing the case despite earlier concerns […]

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Banks have offered $750M in fees for no service refunds so far, ASIC says
Financial Services February 11, 2020 11:22 pm By Cat Fredenburgh

Six of Australia’s biggest financial services institutions have so far paid or offered $749.7 million in compensation to hundreds of thousands of customers who were […]

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Kleenmaid director gets 9 years in prison for $13M Westpac fraud
White Collar February 11, 2020 12:13 pm By Cat Fredenburgh

A judge has sentenced the founder of defunct whitegoods distributor Kleenmaid to nine years in prison for his role in a $13 million fraud against […]

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US class action firms pounce on Westpac
Class Actions February 3, 2020 2:08 pm By Cat Fredenburgh

Westpac is now facing at least eight class actions in various US courts seeking $200 million from the bank for allegedly failing to alert shareholders […]

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US class action targets Westpac execs over AUSTRAC scandal
Class Actions January 31, 2020 4:08 pm By Cat Fredenburgh

Westpac is facing its first shareholder class action in the US following revelations that it violated anti-money laundering and counter-terrorism finance laws on more than […]

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Westpac to face US class action over AUSTRAC scandal
Class Actions January 30, 2020 3:10 pm By Cat Fredenburgh

A US-based plaintiffs firm is planning a class action against Westpac alleging it failed to alert investors to significant lapses in its anti-money laundering and […]

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Royal commission class actions keep rolling in, one year after Hayne report
Financial Services January 23, 2020 7:13 pm By Cat Fredenburgh

A year after Commissioner Kenneth Hayne released his scathing report, companies in the financial services sector are still facing fresh class actions over conduct aired […]

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IMF poised to take over class actions from rival funders rattled by common fund ruling
Class Actions January 20, 2020 3:57 pm By Miklos Bolza

Litigation funder IMF Bentham has shrugged off concerns about the High Court’s recent ruling on common fund orders, telling investors that it’s in a position […]

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Employees should be entitled to damages for missed super payments, Maurice Blackburn says
ASIC January 17, 2020 6:59 pm By Miklos Bolza

A new superannuation bill working its way through the Federal Parliament should include a right of action for employees to seek damages against businesses that […]

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