Law firm behind ANZ, Westpac flex commission cases to try again for contingency fees

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The law firm that lost the first ever application for a group costs order in class actions against ANZ and Westpac has indicated it will revive its bid, tweaking a retainer agreement with group members in hopes of winning the court’s approval this time.

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Cosmetic surgery clinic faces class action probe over malpractice claims

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A class action investigation is underway against Cosmos Clinics Australia after an investigative  report by Fairfax uncovered what it said was a “litany of troubling practices” at its clinics around Australia.

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Macquarie not to blame for $2.9M theft by adviser, court told

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Macquarie Bank has denied liability for a financial adviser’s theft of $2.9 million in customer funds, which the Australian Securities and Investments Commission alleged was caused by the bank’s failure to monitor third-party withdrawals.

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Investor Tolga Kumova admits to $4.8B valuation error in defamation row

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Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.

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Samsung hit with $14M penalty for misleading Galaxy waterproof claims

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Samsung Australia has been slapped with a $14 million penalty for running ads that misrepresented that its Galaxy smartphones could be used in pool and sea water.

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Toyota didn’t invent Lexus grille shape: IP Australia

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Toyota has lost a bid to trade mark the shape of its ‘spindle grille’, which features on models in its Lexus division, despite a finding it was used and heavily promoted in Australia for years.

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ATO takes aim at ‘reckless’ legal professional privilege claims

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The Australian Taxation Office has finalised its protocol for dealing with claims of legal professional privilege, developed in response to large companies asserting “reckless” privilege claims which the ATO says obstruct its investigations.

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Judge wants to wait on commission, costs in $20M BSA class action settlement

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A judge who will oversee an upcoming hearing for approval of a $20 million settlement in a class action against Optus contractor BSA has urged the parties to sever the funder’s commission and costs from the settlement to avoid delays in distribution to group members.

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Qantas trainer accused of staring at worker’s breasts unfairly sacked, FWC says

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The full bench of the Fair Work Commission has thrown out Qantas’ bid to overturn the reinstatement of a trainer accused of staring at a flight attendant’s breasts and gazing into her eyes in a “distinguishably lewd” manner during a safety demonstration.

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