Delivering on one of its enforcement priorities, the Australian Securities and Investments Commission has taken two units of insurer IAG to court for allegedly misleading home owners insurance customers about loyalty discounts.
A $26 million settlement has been reached in a class action against Ardent Leisure alleging it misled shareholders about safety measures that were in place ahead of the 2016 tragedy at its Dreamworld theme park in Queensland which claimed four lives.
A man has been charged with trading in inside information in advance of Westfarmers’ $776 million acquisition of lithium company Kidman Resources in 2019.
The Commonwealth Bank of Australia has agreed to backpay thousands of branch staff $3 million to settle a lawsuit alleging it failed to provide employees with paid rest breaks for at least six years.
Virgin Australia has settled a lawsuit brought by its former chief pilot alleging the airline sacked him for complaining of bullying and harassment by its CEO.
A traditional custodian has taken Woodside Energy to court in a bid to halt offshore seismic blasting for its Scarborough gas project, in a legal challenge similar to one that put Santosā $4.7 billion Barossa project on ice.
Two class actions against Victorian aged care providers on behalf of families of residents who died due to alleged failures during the COVID-19 pandemic have appealed a ruling that rejected their bid for insurance and financial information to assist in mediation.
Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the accounting firm unsuccessfully fought to shield its audit reports.
Qantas has succeeded in attacking claims that it created a workplace that was āhostile to womenā, leveled in a former female pilotās sex discrimination and sexual harassment lawsuit.
A commercial barrister with expertise in insolvency law has been appointed as an associate judge of the Supreme Court of Victoria.