Westpac Banking Corporation v Lee
Westpac Banking Corporation v Lee [2013] NSWCA 375
The Court of Appeal dismissed Westpac’s appeal over misleading GPS promotions, holding the product was presented as PEL-like and materially different features were not disclosed.
- Capital protection features in financial products
- Misrepresentation
- Non-disclosure
- Reliance and causation
- Comparison of financial instruments
- Misleading-or-deceptive-conduct