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7-Eleven ordered to pay $595,000 for misleading franchisee over term of lease
7-Eleven 2022-03-22 7:08 pm By Miklos Bolza Sydney

Convenience store giant 7-Eleven must hand over $595,000 to a franchisee found to have signed a franchise agreement and invested almost $796,000 into a Melbourne store under false pretences.

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Developer misled buyers of $9.58M South Yarra apartment with ‘artistic impression’
Competition & Consumer Protection 2022-03-22 4:17 pm By Cindy Cameronne Sydney

Property developer JD Group will have to pay damages to a Melbourne couple after a judge found the company’s artistic renderings of a $9.58 million South Yarra apartment were “deliberately misleading”.

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Court appoints contradictor in class action funder’s challenge to MIS rules
Adam Hochroth 2022-03-22 3:59 pm By Miklos Bolza Sydney

The Full Federal Court has appointed a contradictor to “take up the cudgels” against funder Litigation Capital Management, which has challenged a judgment refusing to find that a class action filed against Queensland electricity operators was not a managed investment scheme.

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Tech companies to be held accountable for disinformation under new laws
ACCC 2022-03-21 10:41 pm By Cat Fredenburgh Melbourne

Tech companies will be held responsible for harmful disinformation and misinformation on their platforms under new laws that will be introduced in the second half of the year.

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ACCC takes Facebook owner to court over scam celebrity cryptocurrency ads
ACCC 2022-03-18 11:45 am By Cat Fredenburgh Melbourne

The consumer regulator has initiated court proceedings alleging Facebook technology allowed scam cryptocurrency ads featuring celebrities to target susceptible users and that the social media giant failed to take adequate steps to remove them. 

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Mayfair’s James Mawhinney wants reprieve from ASIC’s contempt case
Angel Aleksov 2022-03-17 4:14 pm By Cindy Cameronne Sydney

Mayfair 101 director James Mawhinney has sought a temporary stay of ASIC’s case accusing him of being in contempt of court for allegedly breaching a 20-year ban on selling financial products.

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‘This is nuts’: Judge torpedoes notice in Tyro class action while fight over group definition plays out
Bannister Law 2022-03-17 3:32 pm By Sam Matthews Melbourne

Calling it the “elephant in the room”, a judge overseeing a class action against Tyro over a major EFTPOS outage last year has said a dispute over who is eligible to join the case needs to be hashed out before retailers are notified of the proceedings.

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Honda hit with lawsuit over abandoned dealership model
Competition & Consumer Protection 2022-03-16 7:02 pm By Sam Matthews Melbourne

Honda Australia has been hit with a lawsuit by three former dealers over its decision to abandon a dealership model in Australia, the latest car maker to face litigation by car dealers.

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Salter Brothers misled client over $2.4M visa investment, lawsuit says
Competition & Consumer Protection 2022-03-16 5:05 pm By Cindy Cameronne Sydney

A former Salter Brothers client has filed a lawsuit against the fund manager, claiming it misled her about an investment fund marketed as part of a visa program to migrate to Australia.

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Doral defeats ‘speculative’ pre-action discovery bid over $32M Keysbrook mine sale
Bennett + Co 2022-03-15 5:54 pm By Miklos Bolza Sydney

Doral Mineral Sands has successfully blocked a pre-action discovery bid by an irate shareholder over losses stemming from the $32 million Keysbrook mine sale, with the Western Australia Supreme Court finding that any case against Doral was “mere assertion, conjecture or suspicion”

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