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Settlement reached in Chinese investors’ class action against Sydney financial advisor
Article 2020-11-19 5:41 pm By Cat Fredenburgh Melbourne

A settlement has been reached in a class action against a Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.

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Five law firms to spar over liability in $15M Dover Financial negligence case
Adam Coote 2020-11-18 12:59 pm By Cat Fredenburgh Melbourne

Two more law firms have been joined to a lawsuit by defunct financial advisor Dover Financial accusing three law firms of providing negligent advice regarding an inaptly titled client protection policy which a judge found was “highly misleading” and “an exercise in Orwellian doublespeak”.

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Epic Games takes competition battle with Apple to Australia
ACCC 2020-11-17 11:12 pm By Cat Fredenburgh Melbourne

Epic Games, maker of the popular Fortnite game, has taken its courtroom battle with Apple to Australia, hitting the tech giant with a lawsuit for allegedly abusing its market power.

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Businesses will soon face fines for unfair contract terms
ACCC 2020-11-10 11:05 pm By Cat Fredenburgh Melbourne

Businesses will face fines for imposing unfair contract terms on consumers and small businesses under expected changes to Australian Consumer Law announced Tuesday.

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Funder to seek 30% cut from $9.5M McMillan Shakespeare class action settlement
ASIC 2020-11-10 9:46 pm By Cat Fredenburgh Melbourne

The funder that backed a class action against McMillan Shakespeare over ‘illusory’ car warranties, which settled for less than 20 per cent of the $47.6 million claim value, will seek court approval for a 30 per cent cut of the $9.5 million settlement.

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Birds Eye changes ‘Made in Australia’ labels after ACCC smells something fishy
ACCC 2020-11-09 5:50 pm By Miklos Bolza Sydney

The owner of Birds Eye frozen foods has agreed to change its ‘Made in Australia’ labelling on 31 frozen fish products after the ACCC raised concerns that the products may have breached the Australian Consumer Law’s Country of Origin provisions.

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McMillan Shakespeare to pay $9.5M to settle $47.6M class action
ASIC 2020-11-09 3:01 pm By Miklos Bolza Sydney

The lead applicant in a $47.6 million class action against McMillan Shakespeare over ‘illusory’ car warranties will seek court approval for a $9.5 million settlement, less than 20 per cent of the claim value.

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Another aged care provider faces class action over COVID-19 outbreak
Carbone Lawyers 2020-11-09 12:15 pm By Cat Fredenburgh Melbourne

A nursing home in Melbourne’s Western suburbs may be hit with a class action over a COVID-19 outbreak at the facility that resulted in the deaths of 11 residents.

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Home security company ADT to refund customers billed after ending contracts
ACCC 2020-11-05 5:12 pm By Miklos Bolza Sydney

Home security provider ADT Security has agreed to repay customers after admitting it likely made false or misleading representations by invoicing customers who had already terminated their contracts.

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Shine to get 2.1M documents from US pelvic mesh litigation
Baker McKenzie 2020-11-05 2:28 pm By Cat Fredenburgh

American Medical Systems will hand over around 2.1 million documents produced in long-running US multidistrict litigation to Shine Lawyers in its class action against the Boston Scientific unit over its allegedly defective pelvic mesh products.

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