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Samsung hit with $14M penalty for misleading Galaxy waterproof claims
ACCC 2022-06-23 1:53 pm By Cat Fredenburgh Melbourne

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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Apple, Google hit with class actions over app store commissions
ACCC 2022-06-21 9:47 pm By Cat Fredenburgh Melbourne

Apple and Google have been hit with class actions alleging they violated competition laws by charging customers inflated commission on certain apps and in-app purchases.

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High Court won’t hear argument for $100M judgment against Adani over Abbot Point fees
Andrew Stumer 2022-06-20 4:22 pm By Cat Fredenburgh Melbourne

The High Court has declined to review an appeals court decision that overturned a $106 million judgment against a unit of Indian conglomerate Adani Group over access charges for its Abbot Point coal terminal.

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‘Regime has provided access to justice’: Judge OKs $56.3M Colonial class action settlement
Adam Hochroth 2022-06-20 2:59 pm By Cat Fredenburgh Melbourne

A judge has signed off on a $56.3 million settlement in a class action against wealth manager Colonial First State that will see Maurice Blackburn earn $14.5 million in costs, saying it was a good example of the class action regime in operation.

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7-Eleven class action funder wins first-ever interim payment from settlement
7-Eleven 2022-06-17 4:24 pm By Cindy Cameronne Sydney

A judge has granted a litigation funder for two franchisee class actions against 7-Eleven an interim payment to cover its costs ahead of a ruling on how much it can pocket from a $98 million settlement.

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Salter Bros scores win in suit against former Hendry Group CEO
Colette Mintz 2022-06-17 3:32 pm By Sam Matthews Melbourne

Salter Brothers has won its lawsuit against former Hendry Group CEO Emma Hendry alleging the firm was misled into investing millions of dollars into the investment firm in 2019.

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Judge signs off on consolidation in a2 Milk class actions
Alexandra Folie 2022-06-16 11:34 pm By Cat Fredenburgh Melbourne

A judge has allowed two law firms to jointly run a consolidated shareholder class action against dairy company a2 Milk, saying the arrangement was in the interests of group members and was “not novel”.

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ACCC flags competition concerns with Dye & Durham’s $2.9B bid for Link
ACCC 2022-06-16 5:37 pm By Cat Fredenburgh Melbourne

The ACCC has raised concerns that Canada-based Dye & Durham’s proposed $2.9 billion acquisition of technology services provider Link could harm competition in the market for digital conveyancing services.

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Full Court finds class actions are not managed investment schemes
Adam Hochroth 2022-06-16 10:43 am By Cindy Cameronne Sydney

In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.

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‘Unsatisfactory state of affairs’: 7-Eleven class action funder wants $16.6M advance on payout
7-Eleven 2022-06-15 4:49 pm By Cindy Cameronne Sydney

A litigation funder for two franchisee class actions against 7-Eleven has asked a court for a $16.6 million payout to cover its costs before a judge rules on how much it can pocket from a $98 million settlement.

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