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The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled investors about its financial products.
Mayfair 101’s James Mawhinney says lawyers OK’d alleged misleading conduct
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The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice approving the company’s advertising of financial products that a court has found misled investors.
ANZ, CBA face class action over fees charged on home, personal loans
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The New Zealand arms of ANZ and the Commonwealth Bank have been hit with a multimillion dollar class action alleging they have failed to repay fees and interest wrongly charged to 150,000 customers who took out home or personal loans with the banks.
Honda dealers win discovery for possible lawsuit over decision to ditch dealership model
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Two former Honda dealers have won a bid for preliminary discovery against Honda Australia to pursue a potential consumer lawsuit over the car maker’s decision earlier this year to abandon a dealership model in Australia.
Class action by Indigenous Australians says pension age is discriminatory
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The Morrison government has been hit with a class action on behalf of Indigenous Australians who allege that, because of differences in life expectancy, they do not have fair and equal access to the age pension.
COVID-19 vaccination challenger denied access to NSW government’s deliberations
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A judge has ruled legal challenges to orders requiring COVID-19 vaccines for certain workers in New South Wales are not exceptional enough to warrant the disclosure of cabinet documents, with the judge noting he did not think the state health minister’s orders made vaccines “mandatory”.
Qld police commissioner faces legal challenge to COVID-19 vaccine policy
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The Queensland police Commissioner is facing a lawsuit alleging an order requiring staff to get a COVID-19 vaccine violates privacy and discrimination laws and should be declared invalid.
Judge hearing COVID-19 vaccine challenge issues stern warning after emails, calls ‘inundate’ chambers
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Thousands of emails have inundated the inbox of the judge overseeing legal challenges to the NSW health minister’s orders mandating COVID-19 vaccinations for certain workers, prompting a public warning against interfering with the administration of justice.
GetSwift settlement gives class action members $1.5M, slice of raised capital
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Logistics company GetSwift’s settlement of a shareholder class action will see group members share in $1.5 million cash plus access to further funds and revenue raised by the company over a three-year period.
Santos wins appeal in $475M dispute with Fluor over gas contracts
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Oil and gas producer Santos has successfully challenged the summary dismissal of its claim for recovery of more than $470 million paid to contractor Fluor Corporation in overhead costs incurred after the estimated completion date of gas hubs in the Surat Basin.