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Domino’s hit with shareholder class action
Class Actions 2024-09-06 9:47 pm By Cat Fredenburgh

Domino’s has been stung with shareholder class action accusing the pizza giant of misleading the market about its expected performance in Japan. 

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Class action accuses Exactech of supplying faulty joint implants
Class Actions 2024-09-06 12:53 pm By Cindy Cameronne

A Sydney law firm has filed a class action accusing private equity-owned medical device maker Exactech of supplying faulty joint implants that were subject to deterioration due to a packaging defect, caused serious medical complications in patients. 

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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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Judge strikes out ACCC’s entire claim against Meta over crypto ads
Competition & Consumer Protection 2024-09-06 12:25 pm By Cindy Cameronne

Over objections from the ACCC, a judge has struck out the regulator’s entire case against Meta over scam cryptocurrency ads on Facebook after it clarified that each allegedly misleading ad should be a separate contravention.

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ACCC signs off on Optus, TPG network sharing deal
Competition & Consumer Protection 2024-09-05 12:27 pm By Sam Matthews

The competition watchdog has approved a blockbuster regional network sharing deal expected to boost TPG’s regional coverage as well as Optus’ 5G rollout, after rejecting a similar deal between TPG and Telstra. 

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In win for ASIC, court finds rent-to-own leases were credit agreements
Competition & Consumer Protection 2024-09-04 11:16 pm By Andy Sidler

A court has held that a “nuanced” business model used by a rental company providing long-term leases to often vulnerable consumer for household items breached the Credit Act, finding the loan agreements were in substance credit contracts. Federal Court Justice Lisa Hespe found on Wednesday that Rent4Keeps attempted to avoid being caught by the Credit…

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Hyundai, Kia must produce docs to class action, can’t get by with ‘sample set’
Class Actions 2024-09-02 2:18 pm By Sam Matthews

Hyundai and Kia have been ordered to produce further documents to allow a class action to investigate the nature and extent of alleged engine defects, with a judge rejecting the car makers’ bid to produce only a sample set of documents.

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Thresholds unveiled for ACCC review under new merger laws
Competition & Consumer Protection 2024-08-30 11:23 pm By Cat Fredenburgh

The government has revealed the thresholds for mergers that will need to be reviewed by the Australian Competition and Consumer Commission under reforms that will take effect in 2026, promising to spare small acquisitions.

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World Touring Melbourne wins $2.8M over concert cancelled during COVID pandemic
Competition & Consumer Protection 2024-08-30 11:01 pm By Andy Sidler

The Australian Grand Prix Corporation will pay $2.84 million in damages for losses incurred by concert organisers for the cancellation of the 2020 Melbourne Formula One cup and a related Robbie Williams concert during the COVID-19 pandemic.

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Carnival denies Ruby Princess passenger had ‘horrible’ time on ill-fated cruise
Class Actions 2024-08-29 11:06 pm By Cindy Cameronne

Carnival PLC has denied that a passenger, whose husband contracted COVID-19 and had to be put on a ventilator, had a “horrible” time aboard the ill-fated Ruby Princess, in a class action’s appeal of a finding that she was only entitled to $4,000 in damages.

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