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Auction site Grays to cop $10M penalty for misleading car info
Competition & Consumer Protection 2024-02-26 3:23 pm By Cat Fredenburgh

Online auction business Grays has agreed to pay a $10 million penalty for engaging in misleading and deceptive conduct by posting hundreds of descriptions of cars for sale on its website that contained incorrect information.

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Surgeon’s second bid for names of journalist’s sources an abuse of process, court finds
Defamation 2024-02-23 10:57 pm By Cat Fredenburgh

A judge has found that an orthopaedic surgeon’s second bid to uncover a journalist’s confidential sources in defamation proceedings against Nine is an abuse of process in light of an earlier ruling that found the sources’ identities were protected by journalists’ privilege.

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‘If you are going to be petty find a new job’: Emails show Fortrend, ex-advisor came to blows over expenses
Employment 2024-02-22 9:10 pm By Cat Fredenburgh

Two former Fortrend Securities advisors, who face litigation over their defection to a rival, have hit back with a lawsuit of their own alleging the brokerage’s CEO sent a string of angry emails in a dispute over who should foot the bill for client expenses.

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Clive Palmer takes fight over criminal cases to the High Court
Appeals 2024-02-21 10:51 pm By Cat Fredenburgh

Mining giant Clive Palmer has asked the High Court to hear his challenge to a court’s finding that lawsuits he brought challenging two criminal cases against him over a takeover bid and payments to his political party were themselves an abuse of process and should be stayed.

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Producer sues ABC for $290,000 in alleged underpayments
Employment 2024-02-20 9:30 pm By Cat Fredenburgh

A senior ABC producer has sued the broadcaster, alleging he’s owed $290,000 in underpayments, including for working an average 70 hours a week on the documentary series ‘Australian Story’.

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Tyro secures $10M settlement in restraint of trade case against Lightspeed unit
Fintech 2024-02-16 5:52 pm By Cat Fredenburgh

EFTPOS provider Tyro has secured a $10 million settlement in a lawsuit accusing a unit of Canadian firm Lightspeed of violating a restraint of trade clause by encouraging Tyro customers to adopt its own competing payment system.

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CBA hit with record $10M penalty for underpaying 7,400 employees
Employment 2024-02-15 11:14 pm By Cat Fredenburgh

Commonwealth Bank of Australia and subsidiary CommSec have been hit with $10.34 million in penalties — the highest ever imposed in enforcement action by the workplace regulator — after admitting it underpaid thousands of employees more than $16 million.

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Paladin entities raised over $100M from investors without AFSL, lawsuit claims
Financial Services 2024-02-15 9:25 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken two units of Paladin Group and one of its directors to court for allegedly raising more than $100 million from 258 investors without a financial services licence.

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Mazda ordered to pay $11.5M for ‘appalling’ customer service
Competition & Consumer Protection 2024-02-14 3:26 pm By Cat Fredenburgh

Mazda has been ordered to pay $11.5 million after a court found the Japanese car maker engaged in “appalling” customer service and misled nine purchasers of defective vehicles about their entitlement to a refund or replacement under the Australian Consumer Law.

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Arbitration clause sending shipping dispute to UK not void, High Court finds
Arbitration 2024-02-14 11:37 pm By Cat Fredenburgh

Adani subsidiary Carmichael Rail has lost its High Court challenge seeking to have a dispute over damaged steel rails heard in Australian Federal Court rather than by an arbitrator in London.

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