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Judge vacates Westpac insider trading trial despite ‘misgivings’
Financial Services 2021-07-26 2:46 pm By Miklos Bolza

A judge has vacated next year’s trial in ASIC’s insider trading case against Westpac despite “misgivings”, and has made orders regarding confidential evidence after the […]

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NT can’t keep settlement sum secret in detention centre class action
Class Actions 2021-07-26 6:48 pm By Miklos Bolza

A judge has agreed to temporarily suppress publication of a deed of settlement in a class action against the Northern Territory by youth detainees but ruled disclosure of the settlement sum is in the interests of justice and should not be kept secret.

Radio device planted on murdered Afghan villager, Ben Roberts-Smith trial told
Trials 2021-07-26 2:54 pm By Cindy Cameronne

A communications device was planted on an unarmed Afghan villager who was allegedly murdered by former SAS soldier Ben Roberts-Smith, a court overseeing the accused war criminal’s defamation trial has heard.

$23.6M Vocation class action bill might have been ‘materially lower’, judge says
Class Actions 2021-07-23 11:09 pm By Cat Fredenburgh

A judge has approved a $50 million settlement in a shareholder class action against failed training company Vocation and auditor PricewaterhouseCoopers, but questioned whether the $10.9 million commission and $12.75 million legal bill could have been “materially lower” had the case been run by one funder and firm instead of two.

3A Composites fires off barrage of cross-claims in cladding class action
Class Actions 2021-07-23 6:51 pm By Miklos Bolza

The number of lawyers involved in a class action against 3A Composites over allegedly combustible cladding is set to balloon, with the German cladding manufacturer […]

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Law firm Levitt Robinson agrees to take down Google ads for Aveo class action
Class Actions 2021-07-23 2:41 pm By Miklos Bolza

Law firm Levitt Robinson has agreed to remove a series of Google ads promoting a class action against retirement home provider Aveo Group on behalf […]

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Westpac’s profits relevant, judge says in imposing $3M fees-for-no-service penalty
Financial Services 2021-07-22 9:35 pm By Christine Caulfield

Westpac has been ordered to pay $3 million after two subsidiaries admitted misleading hundreds of superannuation customers about the financial adviser fees they were charged, […]

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Class action firm wants to intervene in FWO’s ‘entirely misconceived’ case against Woolworths
Employment 2021-07-22 3:46 pm By Cindy Cameronne

Employment class action law firm Adero Law is seeking to intervene in the Fair Work Ombudsman’s action against Woolworths, saying the “misconceived” proceedings have disrupted […]

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Judge lashes Forum Finance director’s failure to comply with court orders
Financial Services 2021-07-22 9:57 pm By Miklos Bolza

A judge has issued an ultimatum to Forum Finance director Bill Papas for his “entirely unsatisfactory” conduct in failing to provide details of personal assets […]

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Judge lets two Boral class actions run, but warns about potential lawyer conflicts
Class Actions 2021-07-21 11:59 pm By Cat Fredenburgh

A judge has denied a law firm’s bid to stay a rival’s closed shareholder class action against construction giant Boral but warned courts must be […]

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