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ASIC issues stop orders on Perpetual crypto funds
Financial Services 2022-11-25 6:07 pm By Sam Matthews

The Australian Securities and Investments Commission has placed interim stop orders on two crypto funds distributed by Perpetual Investment Management Limited, citing the need to protect retail clients from investing in risky, volatile funds.

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Jaguar Land Rover faces class action over allegedly defective diesel filters
Automotive 2022-11-24 11:39 pm By Sam Matthews

Car manufacturer Jaguar Land Rover has been hit with a class action alleging it misled drivers over vehicles fitted with defective diesel particulate filters.

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Allianz loses fight with Probuild over $1B West Side Place development bonds
Insurance 2022-11-24 3:05 am By Sam Matthews

Insurer Allianz has lost its bid to claw back millions in performance bonds provided to collapsed building company Probuild in relation to works at a $1 billion development in the Melbourne CBD.

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Government flags reforms to copyright laws
Policy and Regulation 2022-11-24 2:55 am By Sam Matthews

The federal government has foreshadowed a review of Australiaā€™s copyright enforcement regime, citing the need to maintain ā€œa healthy environment for artists.ā€

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Court tosses Equivac horse vaccine class action against Zoetis
Class Actions 2022-11-23 12:23 pm By Sam Matthews

A judge has dismissed a class action brought against animal health giant Zoetis over alleged side effects resulting from its Hendra virus horse vaccine, finding there were ā€œtoo many uncertaintiesā€ in the applicantā€™s evidence.

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Judge doubts law firm gave ā€˜full and frank adviceā€™ on fees in Drakeā€™s class action
Employment 2022-11-23 11:08 pm By Sam Matthews

Keeping up her scrutiny of fee disclosures by Adero Law in employment class actions launched in her court, a judge has questioned whether the law firm breached its fiduciary duty to the lead applicant in litigation against Drakes Supermarkets.

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PwC partner sued over alleged involvement in husband’s $3.3M fraud scheme
PwC 2022-11-22 10:02 pm By Sam Matthews

A PricewaterhouseCoopers partner has been taken to court over her alleged involvement in a $3.3 million scheme to defraud her husband’s employer to bankroll the coupleā€™s lavish lifestyle, which included a $200,000 Porsche and extensive renovations to their Sydney home.

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Westpac opposes ‘premature’ notice of $126M class action settlement
Class Actions 2022-11-22 2:19 pm By Sam Matthews

Westpac has objected to several proposed notices going out to group members in a class action over ā€˜junkā€™ consumer credit insurance, which three of the Big Four banks have agreed to pay $126 million to settle.

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Maker of AFL merchandise sues US retail giant for trade mark infringement
Intellectual Property 2022-11-22 4:32 pm By Sam Matthews

Australian sports tour company FanFirm has sued US sports merchandise giant Fanatics alleging ā€˜flagrantā€™ infringement of its trade marks.

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Bentleys sued over alleged sexual harassment by senior exec
Employment 2022-11-21 3:30 pm By Sam Matthews

Sydney advisory and accounting firm Bentleys has been hit with a lawsuit by a former HR adviser alleging sexual assault, harassment and ā€œexhibitionist and shocking behaviourā€ by a senior executive which left her with post-traumatic stress disorder.

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