Keep Corporations Honest | Political organisation

Keep Corporations Honest

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18.01.2022 "they’re not a foreign entity they’re just the voice of international business interests. Not really sure how this is confusing"

18.01.2022 7NEWS: Class action lawsuits could soon be restricted for victims Class action lawsuits, allowing ordinary Australians to take on multi-billion dollar companies, could soon be out of reach for many victims. A federal inquiry starting tomorrow could restrict funding for the large legal cases, including future actions by victims of COVID-19.... #KeepCorporationsHonest #SaveClassActions

17.01.2022 Changes are underway to crack down on financial backers that make the majority of class actions possible for everyday Australians. "At the end of the day, we are victims," Norman Land told A Current Affair. The retiree is seeking compensation after PFAS, a toxic chemical, was found in his ground water supply, believed to have leaked from the nearby ADF base in Townsville.... "I was devastated. It's just thrown all of my retirement plans into complete disarray," Norman said. Norman joined a class action after, he said, his property value had plummeted $50,000 overnight. "I cannot make up that shortfall. I need at least $300,000 to be able to move into a retirement village," he said.

15.01.2022 MP Jason Falinksi’s attacks on academic Vince Morabito draw warning from parliamentary inquiry’s chairman #keepcorporationshonest

13.01.2022 Westpac is facing a class action over claims it colluded with car dealers to sting customers with high-interest loans in a bid to boost profits. #keepcorporationshonest

10.01.2022 MP Jason Falinksis attacks on academic Vince Morabito draw warning from parliamentary inquirys chairman #keepcorporationshonest

10.01.2022 Class actions exist so regular people can fight powerful organisations through the legal system. Our campaign exists so regular people can fight the powerful organisations trying to water down Australias class action system. Find out more about our campaign to Keep Corporations Honest

09.01.2022 #keepcorporationshonest

09.01.2022 Since being introduced in Australia 1992, class actions have helped hundreds of thousands of ordinary people receive compensation for being harmed by the actions of corporations or other powerful institutions. These people would never have been able to take on the fight on their own. Class actions helped them band together and win. But now there are calls from big business for class actions to be watered down and wound back. We cant let them win.

08.01.2022 A government-ordered inquiry into the funding of legal class actions descended into acrimony on its first day of hearings when the first witness from a Liberal party thinktank was accused of misquoting a federal judge and citing unreliable figures. #KeepCorporationsHonest

07.01.2022 When powerful corporations hurt people, class actions help them stand together to get justice. But big corporations know 75% of victims cant afford a class action without third-party funding. So, theyre lobbying the Morrison Government to limit class action funding.... Join the campaign to Save Class Actions at www.keepcorporationshonest.com.au

06.01.2022 Eight hundred people have joined a class action against the operators of the Ruby Princess over its "misleading and deceptive" conduct surrounding the COVID-19 outbreak in March. #keepcorporationshonest

06.01.2022 "theyre not a foreign entity theyre just the voice of international business interests. Not really sure how this is confusing"

04.01.2022 More coverage of our campaign launch: "Federal parliaments Joint Committee on Corporations and Financial Services will hold a hearing into litigation funding and the regulation of the class action industry on Monday. Class action lawyer and campaign spokesman Ben Hardwick says over the last 25 years, class actions have successfully transferred billions in compensation from corporations who broke the law to Australians who were hurt by illegal action"

03.01.2022 "Last year Justice Anna Katzmann found Johnson & Johnson had engaged in misleading conduct and was negligent about the risks of its mesh devices, which were "known, and not insignificant". Ms Oates said she wept when the judgment was delivered. On Monday, the Morrison governments parliamentary inquiry into class actions will hold its first hearings, which the legal industry is afraid will be used as a pretext for laws to make it harder for people to sue big companies." #KeepCorporationsHonest #SaveClassActions

02.01.2022 ASIC advised Treasury there was a range of tools available to directors who were worried they would be sued by investor class action lawsuits, such as a "due diligence" defence whereby directors could not be sued if they took reasonable steps to ensure the company complied with its obligations. ASIC also played down claims by business about a surge in class action lawsuits. It said there had been only 82 shareholder class actions filed in Australia over 16 years, compared wi...th 441 in the US in 2018 alone. ASIC reiterated its submission to the 2018 Australian Law Reform Commission, noting "the economic significance of fair and efficient capital markets dwarfs any exposure to class action damages". #keepcorporationshonest