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Woolworths taken to court by FWO for ‘significant’ underpayment of store managers
Employment 2021-06-18 11:36 am By Christine Caulfield

Supermarket giant Woolworths has been hit with regulatory action by the Fair Work Ombudsman after it admitted toĀ  shortchanging thousands of full-time salaried managers to the tune of $390 million.

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Google can’t escape publisher finding in defamation win by gangland lawyer
Appeals 2021-06-17 11:34 pm By Christine Caulfield

Google has lost its challenge to a ruling that it pay a Melbourne gangland lawyer $40,000 for the results of an internet search that included a link to a defamatory article, with an appeals court affirming the search engine giant was a publisher of the results.

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ASIC defends handling of Nuix prospectus ahead of disastrous IPO
Securities 2021-06-18 2:35 pm By Christine Caulfield

The Australian Securities and Investments Commission’s new chair Joseph Longo has defended his team’s work in reviewing the Nuix prospectus before the embattled tech company’s $2.9 billion float late last year.

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Judge muzzles Romeo’s senior managers after second communication in class actions
Class Actions 2021-06-17 2:14 pm By Christine Caulfield

A judge has ordered employees of supermarket chain Romeo’s to receive a further corrective opt-out notice in class actions against the company following claims that a senior manager again initiated discussions with group members about the case.

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EML Payments faces second class action probe over money laundering controls
Class Actions 2021-06-16 11:40 pm By Christine Caulfield

Payments processing company EML is looking at two potential shareholder class actions over its alleged failure to notify the market of concerns by Ireland’s central bank relating to compliance with anti-money laundering regulations.

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Super funds want price info protected in Westpac insider trading case
Financial Services 2021-06-16 2:24 pm By Christine Caulfield

Industry super funds AustralianSuper and IFM Investors – the consortium behind the interest rate swap at the centre of the corporate watchdog’s insider trading case against Westpac — have asked a judge to shield commercially sensitive information from the public as the high-profile action unfolds.

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Secure Logic faces potential criminal prosecution for employee spying
Employment 2021-06-15 10:24 pm By Christine Caulfield

Cyber security company Secure Logic Group has won an injunction barring two former executives from using confidential information, but the victory is a Pyrrhic one for the firm, whose covert surveillance of one of the executives could lead to criminal charges.

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Car repair group AMA agrees to early mediation with former CEO Andrew Hopkins
Employment 2021-06-15 3:31 pm By Christine Caulfield

AMA Group has told a court it will enter early mediation in its lawsuit against former CEO Andrew Hopkins that alleges he owes $2.4 million in unauthorised expenses and repayments on an outstanding loan.

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Judge signs off on $112M settlement in Robodebt class action
Class Actions 2021-06-11 11:28 am By Christine Caulfield

Describing the federal governmentā€™s income-averaging debt collection program as a ā€œshameful chapterā€, a judge has approved a $112 million settlement in the Robodebt class action, saying the agreement was fair and reasonable.

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Auditors of fraudster Melissa Caddick might face class action
Class Actions 2021-06-10 11:33 pm By Christine Caulfield

Investors who entrusted their retirement savings to deceased fraudster Melissa Caddick may launch a class action against the auditors that signed off on financial statements for the funds.

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