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Law firms agree to consolidate AMP insurance class actions
AMP 2020-12-22 1:18 pm By Cat Fredenburgh Melbourne

Two law firms that have filed competing class action against AMP over allegedly excessive insurance premiums have changed tack and agreed to consolidate the proceedings.

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ACCC rejects Google undertaking to seal $3B Fitbit deal
ACCC 2020-12-22 9:30 am By Cat Fredenburgh Melbourne

The Australian Competition and Consumer Commission has rejected a behavioural undertaking from Google intended to assuage the regulator’s competition concerns about its planned $3 billion acquisition of fitness device company Fitbit, saying it would be challenging to monitor and enforce.

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Lorna Jane faces ACCC action over anti-virus activewear claims
ACCC 2020-12-21 3:58 pm By Spencer Fowler Steen Melbourne

The ACCC has taken legal action against women’s activewear company Lorna Jane for allegedly representing to consumers during the height of the coronavirus pandemic in Australia that its anti-virus activewear would protect them from viruses, including COVID-19.

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Training company AIPE on hook for $139M in compensation in ACCC case
ACCC 2020-12-21 1:44 pm By Christine Caulfield Melbourne

A judge has found a NSW training company is liable to pay $139 million for over 12,000 students who racked up VET FEE-HELP debts but failed to complete their courses due to an “unconscionable” enrolment system.

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Group members will get about half of $50M Vocation class action settlement
Accounting 2020-12-18 2:37 pm By Cat Fredenburgh Melbourne

Shareholders of collapsed vocational training company Vocation are poised to get about half of a $50 million settlement reached last month in a complex, long-running class action alleging the company failed to make adequate disclosures about its contracts with the Victorian Department of Education.

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Raid bug spray maker SC Johnson mulls strikeout bid to swat Reckitt’s case over ads
Addisons 2020-12-17 3:09 pm By Miklos Bolza Sydney

US-based consumer goods giant SC Johnson & Son has foreshadowed a bid to strike out a case filed by Reckitt Benckiser over its Raid Max insecticide ads after a Federal Court judge found Reckitt had a “weak” prima facie case.

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Combustible cladding class action firm wants to add new owners group member rep
Amelia Smith 2020-12-16 9:22 pm By Spencer Fowler Steen Melbourne

The law firm behind a class action against German manufacturer 3A Composites over allegedly combustible cladding is seeking to add a new representative group member to cover the claims of owners of property with Alucobond panels.

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Facebook hit with ACCC action for ‘misleading’ users over data protection app
ACCC 2020-12-16 10:43 am By Christine Caulfield Melbourne

The consumer watchdog has launched enforcement action against Facebook, alleging the social media giant engaged in false, misleading or deceptive conduct in the promotion of its discontinued Onavo Protect mobile app.

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Ex-BlueScope exec Jason Ellis avoids jail for obstructing ACCC cartel probe
ACCC 2020-12-15 10:29 pm By Christine Caulfield Melbourne

Former BlueScope general manager of sales and marketing Jason Ellis has been sentenced to a wholly suspended prison term of eight months after pleading guilty to obstructing a price fixing investigation.

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ACCC raises competition concerns about Woolworths $552M acquisition of PFD
ACCC 2020-12-15 5:04 pm By Cat Fredenburgh Melbourne

The ACCC has raised preliminary competition concerns about Woolworths proposed 65 per cent acquisition of food wholesale distributor PFD Food Services, saying the deal would give Woolworths more power in its dealings with food manufacturers.

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