About This Case
This matter is a group proceeding (class action) commenced by Glenda Walker brought on behalf of customers who entered into car loans with Toyota Finance, obtained via dealer arrangements between 1 January 2010 and 5 October 2021. The car loans facilitated the payment of premiums for add-on insurance products underwritten by the insurance underwriter.
It is alleged that the add-on insurance policies were inappropriately sold to Walker and to group members, that they were of little value or worthless and were misrepresented to consumers as being mandatory rather than optional or were not disclosed at all.
Such conduct is alleged to give rise to an entitlement to relief under:
ss 76 and 77 of the NCCP Act as unjust transactions misleading or deceptive conduct in breach of s 1041H of the Corporations Act and/or s 12DA(1) of the ASIC Act unconscionable conduct in breach of s 12CB of the ASIC Act inappropriate advice in breach of ss 961B and 961G of the Corporations Act and an entitlement to claim for restitution.
Source: Supreme Court of Victoria
Who May Be Eligible
If you are, or you think that you may be a group member, you should read the documents below carefully. The definition of a "group member" is set out in the Notice.
Source: Supreme Court of Victoria
Disclaimer: This information is sourced from Supreme Court of Victoria. It is provided for general information only and does not constitute legal advice. Always verify details with the original source before taking any action.
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