A potential $500 million class action against Australia’s largest retirement village operator, Aveo Group, has been settled.
The law firm behind the claim, Levitt Robinson, conceded it had no case and expressed regret on Tuesday for any “distress and anxiety” caused by the litigation.
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Michael Pelly is the legal editor, based in our Sydney newsroom. He has been a senior adviser to federal and state attorneys-general and written two books, one a biography of former High Court Chief Justice Murray Gleeson. Email Michael at michael.pelly@afr.com
