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Reports of death of common fund orders greatly exaggerated
Analysis 2019-12-19 11:46 pm By Christine Caulfield

Common fund orders in federal class actions could live to see another day, the Federal Court has indicated in new guidance to be released Friday, […]

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Judge OKs $190M stolen wages class action settlement, says funder’s cut fair
Class Actions 2019-12-19 11:33 pm By Christine Caulfield

Calling it the largest human rights case in Australia’s history, a judge has signed off on a $190 million settlement in a class action against […]

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Westpac hit with $9.15M penalty over bad advice
Financial Services 2019-12-19 3:41 pm By Cat Fredenburgh

A Federal Court judge has ordered Westpac to pay a $9.15 million penalty after one of its financial advisers breached the best interests duty by […]

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Fight to lead Monsanto class action could be on the cards
Product Liability 2019-12-19 2:39 pm By Miklos Bolza

A beauty contest to lead a class action against Monsanto over its allegedly cancer-causing weedkiller Roundup could be on foot, with the US chemical giant […]

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Funder of stolen wages class action fights to keep common fund order alive
Class Actions 2019-12-18 11:30 pm By Christine Caulfield

Arguing it shouldn’t be the victim of an “accident of timing”, the funder that bankrolled the landmark stolen wages class action is fighting to save […]

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Judge tells AMP units to cooperate in superannuation class action
Class Actions 2019-12-18 7:24 pm By Miklos Bolza

A judge overseeing a consolidated class action against four AMP subsidiaries and two trustees over allegedly excessive superannuation fees has ordered the respondents to coordinate […]

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Westpac hit with first class action over AUSTRAC scandal
Financial Services 2019-12-18 1:12 pm By Cat Fredenburgh

Westpac is facing a class action on behalf shareholders in three countries over its alleged anti-money laundering and counter-terrorism financing breaches and disclosures. Phi Finney […]

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NAB faces ASIC wrath with second fees for no service case
Financial Services 2019-12-17 11:49 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken legal action against National Australia Bank alleging thousands of violations of the law through its fees for […]

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Court slashes $450,000 judgment against HWL Ebsworth
Employment 2019-12-17 4:05 pm By Miklos Bolza

An appeals court has slashed a $450,000 judgment against law firm HWL Ebsworth to $127,000, after finding a former partner who sued the firm for […]

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APRA begins probe of Westpac over ‘substantial gaps in risk governance’
Financial Services 2019-12-17 3:31 pm By Cat Fredenburgh

The Australian Prudential Regulation Authority has flagged potentially “substantial gaps in risk governance” by Westpac as it formally kicked off an investigation into the bank […]

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