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AVEO CLASS ACTION

If you believe the ‘Aveo Way’ is the wrong way, it is not too late to engage Levitt Robinson Solicitors who are conducting a Class Action against the Aveo Group in the Federal Court of Australia and to enter into a Funding Agreement with the litigation funder, Galactic Aveo LLC.

This is an “Opt-Out” Class Action.

WHY NOW? Previously the case only covered Pre-Aveo Way Freeholders. Now it has been extended to Pre-Aveo Way Leaseholders and eligible Licensees (and their estates) too!

 

AVEO CLASS ACTION

If you believe the ‘Aveo Way’ is the wrong way, it is not too late to engage Levitt Robinson Solicitors who are conducting a Class Action against the Aveo Group in the Federal Court of Australia and to enter into a Funding Agreement with the litigation funder, Galactic Aveo LLC.

This is an “Opt-Out” Class Action.

WHY NOW? Previously the case only covered Pre-Aveo Way Freeholders. Now it has been extended to Pre-Aveo Way Leaseholders and eligible Licensees (and their estates) too!

 
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Why a Class Action?

IF YOU BELIEVE AVEO OWNERS AND LEASEHOLDERS WHO BOUGHT PRE-AVEO-WAY, SHOULD BE ABLE TO SELL WHAT THEY BOUGHT, GET IN TOUCH WITH US TODAY.

Contact Class PR to become a client of Levitt Robinson.

In the class action proceedings brought on behalf of current and former Freehold, Leasehold, and Licensee Residents (Owner Residents) (the Group), against the Aveo Group (Aveo), it is being claimed that the introduction of the “Aveo Way” contract from early 2015 unilaterally and detrimentally changed the terms on which residents could re-sell their retirement units.

The Group contends that Aveo engaged both in misleading and deceptive conduct and unconscionable conduct by representing, expressly or impliedly, that the changes would make the existing Freeholders and Leaseholders “no worse off”

Class Pr Logo trimmed_

Why a Class Action?

IF YOU BELIEVE AVEO OWNERS AND LEASEHOLDERS WHO BOUGHT PRE-AVEO-WAY, SHOULD BE ABLE TO SELL WHAT THEY BOUGHT, GET IN TOUCH WITH US TODAY.

Contact Class PR to become a client of Levitt Robinson.

In the class action proceedings brought on behalf of current and former Freehold, Leasehold, and Licensee Residents (Owner Residents) (the Group), against the Aveo Group (Aveo), it is being claimed that the introduction of the “Aveo Way” contract from early 2015 unilaterally and detrimentally changed the terms on which residents could re-sell their retirement units.

The Group contends that Aveo engaged both in misleading and deceptive conduct and unconscionable conduct by representing, expressly or impliedly, that the changes would make the existing Freeholders, Leaseholders and eligible Licensees “no worse off”

The Class Action now covers not only former and current freehold owners but also 99-year leaseholders (and their estates) since the introduction of the “Aveo Way” contract from at least 2015.

The incoming Aveo-Way residents have only received a 99-year leasehold on terms which:

Accelerate the accrual rate at which the "Deferred Management Fee ('DMF") is imposed;.

Accelerate the accrual rate at which the "Deferred Management Fee ('DMF") is imposed;.

exclude the right for new residents to make any capital gain, when selling their interest in their unit.

exclude the right for new residents to make any capital gain, when selling their interest in their unit.

Lead Applicants

There are two Lead Applicants. The Luke Lead Applicants represent the pre-Aveo Way Freehold Owners and the Colombari Lead Applicants represent the Pre-Aveo Way 99 year Leaseholders.

Even if a former Aveo resident has died, his or her Executor or Administrator can participate in the Class Action.

The Class Action now covers not only former and current freehold owners but also 99-year leaseholders (and their estates) since the introduction of the “Aveo Way” contract from at least 2015.

The incoming Aveo-Way residents have only received a 99-year leasehold on terms which:

Accelerate the accrual rate at which the "Deferred Management Fee ('DMF") is imposed;.

Accelerate the accrual rate at which the "Deferred Management Fee ('DMF") is imposed;.

exclude the right for new residents to make any capital gain, when selling their interest in their unit.

exclude the right for new residents to make any capital gain, when selling their interest in their unit.

Lead Applicants

There are two Lead Applicants. The Luke Lead Applicants represent the pre-Aveo Way Freehold Owners and the Colombari Lead Applicants represent the Pre-Aveo Way 99 year Leaseholders.

Even if a former Aveo resident has died, his or her Executor or Administrator can participate in the Class Action.

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Class Action Milestones

  • Contact Class PR

    We provide you with what you need to move forward as well as introduce you to the solicitors handling the class action. Your identity will remain hidden until it’s time to distribute compensation (after trial has been successful).

  • Lead Applicants file representative claim

    These are the individuals named in the proceedings from the outset. Their legal claims are shared by the group.

  • We create awareness

    Class PR is retained to generate awareness of prospective group members’ legal rights and how best to exercise them.

  • Court ordered mediation

    Your circumstances (losses & claims) are taken into consideration, maximising your chances of obtaining the compensation you deserve.

  • Trial Commences

    Trial commences against Aveo.

  • Distribution of court ordered compensation

    Or negotiated settlement (if the action succeeds).

     

Class Pr Logo trimmed_

Class Action Milestones

  • Contact Class PR

    We provide you with what you need to move forward as well as introduce you to the solicitors handling the class action. Your identity will remain hidden until it’s time to distribute compensation (after trial has been successful).

  • Lead Applicants file representative claim

    These are the individuals named in the proceedings from the outset. Their legal claims are shared by the group.

  • We create awareness

    Class PR is retained to generate awareness of prospective group members’ legal rights and how best to exercise them.

  • Court ordered mediation

    Your circumstances (losses & claims) are taken into consideration, maximising your chances of obtaining the compensation you deserve.

  • Trial Commences

    Trial commences against Aveo.

  • Distribution of court ordered compensation

    Or negotiated settlement (if the action succeeds).

     

Contact Class PR
to Become a Client

Download Full
Info Pack

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Galactic AVEO LLC

Disclosure Statement

To Group Members in the Representative Action against Aveo Group Limited

Class PR is a public relations company owned by persons closely associated and related to the senior partner of Levitt Robinson Solicitors. Class PR operates separately and independently from Levitt Robinson and offers to accept instructions from law firms other than Levitt Robinson (subject to strict confidentiality safeguards) and to provide public relations and other services to commercial litigation funders as well as the Galactic Litigation Funding Group.

Class PR has an upcoming trip t0 South Australia.

Senior Partner of Levitt Robinson, Stewart Levitt, who is running the Aveo class action will be in South Australia soon to host individual and group meetings for potential group members. He will be available to answer all of your legal questions in relation the Aveo class action.