The Australian Securities and Investments Commission has sued health and beauty giant McPhersonâs Limited and its former CEO over alleged continuous disclosure breaches and misleading or deceptive conduct during a capital raise in late 2020.
A judge has granted a law firm’s bid for a group costs order in a shareholder class action against payments processing company EML, but has trimmed its proposed cut of any recovery after comparing it to the contingency fee rate the firm accepted in another class action.
The Australian Competition and Consumer Commission has brought action against mining equipment company Qteq and its executive chairman Simon Ashton over allegations of bid rigging and other cartel conduct.
Mastercard has lost a bid to patent a data processing system used to prevent fraud on payment card networks, with an IP delegate Australia ruling the invention âdoes not rise above an idea.â
The High Court has unanimously dismissed Western Powerâs challenge to a judgment which found the state-owned electricity supplier breached its duty of care to inspect power poles on private land and was partly liable for property damage from the 2014 Perth Hills bushfire.
A judge has imposed a $21 million penalty on Uber for misleading customers through platform-wide cancellation messages and estimated fares on its Uber Taxi option, $5 million short of the âvery substantialâ sum jointly agreed by the parties.
Carnival unit P&O Cruises has been hit with a class action by passengers who say their holidays were ruined by norovirus outbreaks on its Sun Princess cruise ship.
ASIC has taken American Express Australia to court over two credit cards co-branded with department store David Jones which the regulator alleges customers mistakenly believed were loyalty cards.
A judge has rejected barrister Gina Edwardsâ âsomewhat speculativeâ bid to issue interrogatories to Nine, weeks out from trial in a defamation case brought over the media companyâs coverage of her custody battle for famed social media pooch Oscar the cavoodle.
Aluminium giant Alcoa has sued AusNet and Powercor over a 2016 power outage that left the future of its Victorian smelter site in doubt.