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ANZ has reached an in-principle settlement in two class actions alleging it breached its responsible lending obligations by providing loans to purchasers of 7-Eleven franchises that were not financially viable.
The Fair Work Ombudsman has commenced legal proceedings against a former Chatime franchisee for allegedly underpaying 17 employees over $46,000 at its Sydney CBD store.
Ultra Tune is challenging a court ruling that socked it with a $2.6 million penalty in a case brought by the Australian Competition and Consumer Commission alleging it misled a prospective franchisee about the costs of buying an outlet in Parramatta, Sydney and tried to cover up its conduct with "manufactured" evidence.
A PappaRich franchise operator is facing legal action by the Fair Work Ombudsman for allegedly underpaying 154 workers at three of the Malaysian food chain's outlets in Sydney.
A parliamentary report released Thursday recommended major reform to the $170 billion franchise industry and called on three government agencies to probe franchise giant Retail Food Group and its top executives for potential insider trading, tax evasion and other unlawful conduct.
Westpac-owned mortgage lender RAMS Financial Services breached a franchise agreement by failing to supply a Brisbane-based franchisee with information about nearby broker-originated customers, a judge has found.
A judge has found franchisor Retail Food Group made false and misleading statements to a couple whose Michel's Patisserie franchise ultimately lost over $142,000 due to allegedly poor quality products and irregular order schedules.
Car wash franchisor Geowash misled franchisees about how much revenue they could expect to earn per month and acted unconscionably in its charging practices, the court has found.
Café, restaurant and take away food services franchisors, which have faced criticism and litigation for allegedly misleading franchisees, will now face heightened scrutiny from the Australian Competition and Consumer Commission.
A franchisee's $6.1 million case against Domino's Pizza accusing the fast food chain of misleading him about the sales he could expect from his two Surfers Paradise stores has been resolved out of court.