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A contest of two competing shareholder class actions against Westpac over millions of alleged anti-money laundering breaches has ended with one law firm and its funder bowing out.
Judges pan lawyers for ‘disgraceful’ treatment of family shut out of Malaysia Airlines class action
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The Full Federal Court has slammed as “disgraceful” the handling of a class action claim by the family of an Australian national who was killed aboard Malaysia Airlines flight MH17, as the family appeals a decision that blocked them from participating in the settlement of the proceedings.
‘Unscrupulous act’: Toll says hackers stole private data
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Logistics provider Toll Group says hackers who breached it systems last week accessed employee data and information on commercial agreements with current and former enterprise customers.
Sports betting companies lose challenge to $3.8M judgment
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An appeals court has dealt Classic Bet and Best Bet a loss in their challenge to a $3.8 million judgment in a contractual dispute related to the $5.95 million acquisition of the sports gambling companies by Playup in 2018.
Another global law firm cuts partner compensation
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A global law firm with two offices in Australia will temporarily suspend partner draws due to the coronavirus health crisis.
Bupa hit with $6M penalty over broken promises to aged care residents
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Bupa Aged Care has been ordered to pay a $6 million penalty for charging customers of its aged care facilities for services it never provided, including enhancements intended to improve the quality of life for its most vulnerable residents, such as those suffering from dementia and blindness.
Court urges investigation into SMSF advisor’s ‘calculated deception’
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A judge will ask the NSW Attorney General to launch a criminal or regulatory investigation into a Hunter Valley-based financial advisor whose alleged fraudulent conduct led to investor losses of over $4.6 million.
Clubbers denied entry to venue on ‘Asian night’ win race discrimination lawsuit
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Two men who claimed they were denied entry to a Sydney nightclub because it was “Asian night” will walk away with $15,000 after winning a racial discrimination case against the venue.
Damage to Sarah Hanson-Young’s reputation just the ‘cut and thrust of politics’, Full Court told
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Politicians are “rarely nice to each other” and go out of their way to harm the reputation of others, a lawyer for former Senator David Leyonhjelm has told the Full Court in appealing a $120,000 damages bill for defamatory comments he was found to have made about Greens Senator Sarah Hanson-Young.
Shareholder appeals judge’s refusal to freeze AMP class action
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A NSW Supreme Court decision refusing to put a Maurice Blackburn-led shareholder class action against AMP on ice pending a High Court challenge has been appealed by the lead applicant of a competing case.