Toyota Dealer Finance (Flex Commissions) Class Action

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

The class action alleges that, between 2010 and 2018, there was an undisclosed “flex commission” arrangement between Toyota Finance Australia and its dealerships, which encouraged those dealers to inflate the interest rates on loans they arranged for their customers.

This arrangement created a conflict of interest between the dealer and the customer that was never disclosed and resulted in customers paying significantly higher interest charges than they would have otherwise agreed.

The allegations made in the proceeding include that Toyota Finance:

  • engaged in unfair conduct in contravention of section 180A of the National Consumer Credit Protection Act 2009 (Cth);
  • entered its customers into unjust loans within the meaning of section 76 of the National Credit Code;
  • engaged in misleading or deceptive conduct in contravention of the Corporations Act and/or the ASIC Act; and
  • the loans were entered into pursuant to a causative mistaken belief and are therefore void and entitled to be rescinded.

The class action seeks to recover the additional interest fees paid by Toyota Finance customers, and is based on allegations that Toyota Finance’s conduct was misleading, deceptive and unfair.

Toyota Finance customers who entered into dealer loans between 1 January 2010 and 31 October 2018 can learn more about the class action and register their interest in being updated as it proceeds at www.echolaw.com.au/toyota.

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

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BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

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Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

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Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

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Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

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Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

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IOOF (ASX: IFL) Class Action

Overview

Litigation Lending is funding a shareholder class action, being run by Shine Lawyers, on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct, subject to sufficient shareholder interest.

Register your interest in the class action by clicking on the “Register Here” button below, which will take you to Shine Lawyer’s website.

Background to the allegations:

On 20 June 2015, the Sydney Morning Herald published articles regarding alleged misconduct within IOOF. Details of the alleged misconduct identified by Fairfax Media included several allegations of misconduct within IOOF’s research department, which provides services to IOOF’s financial dealer network, managed funds and superannuation funds.

Following the Sydney Morning Herald articles, on 22 June 2015 IOOF’s share price experienced its largest ever single day fall to that point, closing down 13.3%, or $1.42.

On 7 July and 3 August 2015, IOOF’s executives, including its managing director Chris Kelaher, appeared before a Senate hearing to respond to questions about the alleged corporate misconduct. On 7 July 2015, IOOF CEO Chris Kelaher admitted to the Senate hearing that IOOF had not reported serious past allegations of insider trading and front running by IOOF’s senior staff to ASIC. On the day of Mr Kelaher’s admissions to the Senate hearing, IOOF’s share price dropped by another $0.29.

In August 2018 Mr Kelaher and other IOOF executives were questioned again, this time by the Banking Royal Commission. During questioning, it was revealed that IOOF’s Questor subsidiary had allegedly disadvantaged members of a super fund compared to private investors. Following Mr Kelaher’s appearance IOOF’s share price dropped by a further 6%.

Mr Kelaher ultimately resigned from IOOF following APRA’s commencement of proceedings against IOOF in relation to its treatment of super fund members as disclosed in the Banking Royal Commission. The APRA action was ultimately unsuccessful.​

As of mid-February 2020 IOOF is trading at $7.05, almost 34% below its share price immediately prior to the Sydney Morning Herald articles published on 20 June 2015.

If you purchased IOOF shares between 1 March 2014 and 7 July 2015 (inclusive), please register your interest in the proposed class action.

REGISTER HERE

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More


BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

In the action, Shine Lawyers will allege, amongst other things, that:

The sub-contracting arrangements between workers and BSA breach the Fair Work Act and Independent Contractors Act in that BSA misrepresented to workers that they were employed as sub-contractors rather than employees; and

If you have suffered losses due to the alleged misrepresentations of BSA you may be entitled to compensation. The team of class action lawyers at Shine have brought an action against BSA on behalf of thousands of telecommunication workers, including vulnerable unemployed, homeless and indigenous Australians, and can advise you of your legal rights and options

REGISTER HERE

We encourage all telecommunication workers who, since 2003, provided telecommunications technician services to BSA, purportedly as independent contractors, to register their interest in participating in the claim here.

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More


Tandem Class Action

Overview

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against ISG Management Pty Ltd (ISGM), a subsidiary of Tandem Corporation, on behalf of telecommunication workers who, since 2011, suffered financial losses after entering into sub-contracting arrangements with ISGM.

In the action, Shine Lawyers will allege, amongst other things, that:

The sub-contracting arrangements between workers and ISGM breach the Fair Work Act and Independent Contractors Act in that ISGM misrepresented to workers that they were employed as sub-contractors rather than employees; and

That ISGM took advantage of the ‘Australian Apprenticeships Access Program’, a tax payer funded scheme, to train workers to provide telecommunications sub-contracting services to ISGM, working on the Telstra network amongst other things.

If you have suffered losses due to the alleged misrepresentations of ISGM you may be entitled to compensation. The team of class action lawyers at Shine have brought an action against ISGM on behalf of thousands of telecommunication workers, including vulnerable unemployed, homeless and indigenous Australians, and can advise you of your legal rights and options

Registration

We encourage all telecommunication workers who, since 2011, provided telecommunications technician services to ISGM, purportedly as independent contractors, to register their interest in participating in the claim here.

REGISTER HERE

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More


Stolen Generation NT Class Action

In 2021 Litigation Lending Services (LLS), in partnership with Shine Lawyers, launched legal action against the Commonwealth Government on behalf of the Stolen Generations of the Northern Territory, who were forcibly removed from their families as children.

Although a formal apology has been made, the Commonwealth had refused to pay compensation to these members of the Stolen Generation, despite their own recommendation to do so. All other states with similar policies have paid compensation to those affected.

Subsequently, in August 2021, the Commonwealth launched its redress scheme, providing monetary compensation for Stolen Generation survivors in the Northern Territory, Australian Capital Territory and Jervis Bay Territory who were removed from their families.

LLS is proud to announce the matter survived beyond the redress scheme and has now been settled with the Commonwealth pending final approval by the Supreme Court. Once approved, the living members of the Stolen Generation will retain access to the Commonwealth’s Territories Stolen Generations Redress Scheme with separate and additional compensation of $50.45 million now available for approximately 1,700 family members and deceased estates. The LLS action expanded the eligibility criteria for those impacted by the Stolen Generation policy to include deceased estates, direct carers and siblings.

LLS recognises the current Federal Government’s actions towards reconciliation and the recognition of the injustices of the past. LLS continues to priorities access to justice, with litigation continuing to be an ongoing and valuable impetus for bringing such issues to the fore.

For further information and to register for the class please contact Shine Lawyers

Click here to read Media Release

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More


Fonterra Class Action

Overview

Litigation Lending has agreed to fund a class action to be run by Adley Burstyner and Harwood Andrews Lawyers on behalf of dairy farmers who suffered financial loss due to Fonterra’s May 2016 decision to announce a ‘step down’ in the farmgate milk price for the Southern Region of the Australian dairy industry.

The class action was commenced in the Supreme Court of Victoria on 17 June 2020 and alleges that Fonterra’s actions in connection with the May 2016 ‘step down’ constitute misleading and deceptive conduct, unconscionable conduct, and a breach of Fonterra’s supply contract.

The action seeks damages for farmers directly affected by Fonterra’s actions, via a full reversal of the price step down, including the related clawbacks and underpayments made to farmers. Compensation for other types of loss is additionally sought, including for the impacts of financial decisions that farmers made relying upon Fonterra’s farmgate price prior to the step down, as well as financial decisions that became necessary after the step down was announced.

If you were a Fonterra supplier and suffered loss due to the May 2016 step down, you may be entitled to compensation. We encourage all Victorian, South Australian and Tasmanian dairy farmers who supplied milk to Fonterra during the 2015/16 season to register their interest in participating in the claim.

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More


Stolen Wages Class Actions (Multiple States and Territories)

Overview

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800’s to the 1970’s.

This follows the successful class action brought against the Queensland State Government for similar claims that has settled in-principle in July 2019 for $190m.

More information is available on the website of Shine Lawyers; the link below will take you to their webpage.

Toyota Dealer Finance (Flex Commissions) Class Action

Litigation Lending is funding a class action, being run by Echo Law, against Toyota Finance Australia in relation to unfair dealer loans.

Read More

IOOF (ASX: IFL) Class Action

An action on behalf of aggrieved IOOF investors who suffered losses from IOOF’s alleged non-disclosure of corporate misconduct.

Read More

BSA Class Action

Shine Lawyers, with funding support from Litigation Lending, has launched a class action against BSA Limited (BSA), on behalf of telecommunication workers who, since 2003, suffered financial losses after entering into sub-contracting arrangements with BSA.

Read More

Tandem Class Action

An action run on behalf of telecommunication workers who suffered financial losses after entering into sub-contracting arrangements.

Read More

Stolen Generation NT Class Action

A class action on behalf of the Stolen Generations of the Northern Territory who were forcibly removed from their families as children has been settled.

Read More

Fonterra Class Action

An action on behalf of Victorian, South Australian and Tasmanian dairy farmers who supplied milk to companies within the Fonterra Group during the period 1 July 2015 to 30 June 2016.

Read More

Stolen Wages Class Actions (Multiple States and Territories)

Litigation Lending is funding Shine Lawyers in investigating a number of potential class actions against various States and Territories on behalf of First Nations People who were negatively impacted by Wage Control legislation from the late 1800's to the 1970's.

Read More