Settlement Update
The proceeding has settled and the proposed settlement has been approved.
Source: Supreme Court of Victoria
About This Case
Group proceeding brought on behalf of those who purchased or leased a vehicle from a dealer under finance arranged by the dealer, and paid premiums for add-on insurance products. The claim alleges the add-on insurance offered in this way was not suitable, incurred group members unnecessary costs and was based on incomplete information about personal circumstances. By allegedly representing that the add-on insurance was a precondition of finance, the claim alleges the defendants engaged in conduct which was misleading or deceptive, and that the receipt and retention of the payments was unjustly enriching and comprised unconscionable conduct.
Source: Supreme Court of Victoria
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