A class action investigation is underway against Cosmos Clinics Australia after an investigative report by Fairfax uncovered what it said was a “litany of troubling practices” at its clinics around Australia.
Law firm Mills Oakley is launching a cyber risk and insurance offering spearheaded by former HWL Ebsworth partner Jason Symons.
2XU has been taken to court by its former head of human resources, who claims she was fired by the popular sportswear brand for investigating complaints that the CEO was bullying female employees and had brought illicit drugs to a work function.
The Victorian government has elevated a female judge to the role of president of the state’s Court of Appeal, marking the first time a woman has been appointed to the position in the court’s history.
Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution appointing Keybridge’s Nicholas Bolton to its board was passed and effective.
As it severs ties with specialist outfit Greenwoods, Herbert Smith Freehills has brought on three tax law experts as part of the firm’s plans to beef up its commercial tax practice.
Despite previously remarking that the penalty was “a bit light on”, a judge has ordered Squirrel Superannuation to pay $55,000 for false and misleading marketing linked to property investment for investors with self-managed superannuation funds.
The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.
The ruling by the Full Federal Court that funded class actions are not managed investment schemes marks the end of an ill-considered regime enacted by the Morrison government to rein in class actions, but the debate over regulation of litigation funders is not over yet.
Insurer Allianz has pleaded guilty to six charges of making false or misleading statements online about the scope of cover under its travel insurance.