AMP sets aside $50M for BOLR class action as it mulls appeal

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AMP has set aside $50 million in its financial statement for the first half of 2023 to cover potential liability in a class action won last month by financial advisers over the wealth manager’s buyer of last resort policy.

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Facing new indictment over hotel quarantine, Victoria wants class action defence kept secret

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The state of Victoria is making a bid to suppress its defence in a class action brought over the 2020 hotel quarantine fiasco, as it faces a “substantially altered” indictment in a related criminal proceeding.

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Judge rejects latest pleading in plastic surgery class action

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A judge has directed a class action on behalf of 1,000 patients of Sydney-based plastic surgeon Daniel Lanzer and four of his associates to have another go at articulating claims that Lanzer’s clinic should be liable for allegedly ‘horrific’ complications. 

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ASIC’s latest court action says debt ‘solvers’ anything but

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The Australian Securities and Investments Commission has brought legal action against debt management business Solve My Debt Now and its director, alleging customers were usually left in greater debt after using its services.

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GCO gives AAI class action members ‘simplicity, transparency’: judge

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A judge has signed off on a 25 per cent group costs order in a class action against Suncorp subsidiary AAI, after accepting that the back-up plan of law firm Maurice Blackburn was not artificially uncertain.

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IAG employee not unfairly sacked after WFH activity tracked

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The Fair Work Commission has found that insurer IAG did not unfairly dismiss a veteran employee after a company review of her at-home cyber activity revealed extensive periods of “no or minimal keyboard activity”.

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