Latitude Financial calls class action claims ‘fundamentally flawed’

The news: Consumer finance company Latitude Group has acknowledged the class action filed in the Queensland Supreme Court against its subsidiary Latitude Financial and retailer Harvey Norman over the advertising of interest-free offers linked to Latitude GO Mastercard products between 1 January 2020 and 11 August 2021.

The context: Latitude said it considers the claims to be “fundamentally flawed” and “intends to vigorously defend the matter”.

Harvey Norman, which is listed as the second defendant, said on Monday that the proceedings include claims for restitution, payment of damages, to declare any relevant consumer agreements with Latitude Finance Australia as null and void, interest and costs for the first plaintiff, second plaintiff and group members.