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Westpac hit with first class action over AUSTRAC scandal
Financial Services December 18, 2019 1:12 pm By Cat Fredenburgh

Westpac is facing a class action on behalf shareholders in three countries over its alleged anti-money laundering and counter-terrorism financing breaches and disclosures. Phi Finney […]

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Judge signs off on $18M UGL class action settlement
Class Actions December 18, 2019 2:16 pm By Cat Fredenburgh

A Federal Court judge has signed off on an $18 million settlement in a shareholder class action against UGL over its Ichthys power plant disclosures […]

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APRA begins probe of Westpac over ‘substantial gaps in risk governance’
Financial Services December 17, 2019 3:31 pm By Cat Fredenburgh

The Australian Prudential Regulation Authority has flagged potentially “substantial gaps in risk governance” by Westpac as it formally kicked off an investigation into the bank […]

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GetSwift shareholder info should be off limits for class action bookbuilding, judge told
Class Actions December 17, 2019 8:13 pm By Christine Caulfield

Contact details of shareholders provided by GetSwift to the firm running a class action should not be used to recruit group members now that the […]

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‘Haircut’ by law firm, funder in Forge class action settlement appropriate, judge says
Class Actions December 16, 2019 6:13 pm By Christine Caulfield

A self-imposed cap on legal fees and a reduced funding cut of a $16.5 million settlement in a class action against failed construction company Forge […]

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Judge greenlights $16.5M Forge class action settlement
Class Actions December 10, 2019 11:29 am By Christine Caulfield

A judge has signed off on a $16.5 million settlement of a shareholder class action against collapsed engineering and construction company Forge Group. Federal Court […]

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Domino’s slammed by judge for ‘ridiculous’ redactions in class action docs
Franchise December 6, 2019 10:02 pm By Christine Caulfield

Pizza chain Domino’s has been blasted for redactions in documents it has produced in a class action over worker pay, with a judge warning the […]

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Domino’s attacks class action, says franchisee representations were opinion not fact
Class Actions December 3, 2019 11:34 pm By Cat Fredenburgh

Fast food giant Domino’s has denied allegations that it violated consumer law with the representations it made to franchisees about the agreements its workers were […]

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Judge joins two Lendlease class actions, wants one law firm to bow out
Class Actions November 21, 2019 10:30 pm By Christine Caulfield

A judge has consolidated competing shareholder class actions against builder Lendlease brought by rival plaintiffs law firms, but has rejected the firms’ bid to jointly […]

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Domino’s can’t block funder from viewing unredacted docs in class action
Class Actions November 5, 2019 1:58 pm By Miklos Bolza

The Federal Court has rejected an “unusual” confidentiality regime proposed by Domino’s Pizza Enterprises which would have resulted in restricted access to discovered documents for […]

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