Class action looms for Aveo

Retirement village operator Aveo will be hit with a Federal Court class action next week, based on claims its contracts with residents were misleading and unconscionable.
Law firm Levitt Robinson has taken expressions of interest from 100 or more residents and families of former residents in Aveo villages after a series of allegations about the operator's questionable business practices were raised in a joint Fairfax Media and Four Corners investigation.
Lawyer Stuart Levitt said the action would be lodged next week in the Federal Court in Melbourne with the backing of New York litigation funder Galactic.


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