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University of Melbourne admits manager called academic ‘self-entitled Y-gennerā€™
Employment 2022-10-04 4:31 pm By Sam Matthews

The University of Melbourne has hit back at the Fair Work Ombudsmanā€™s allegations that it took adverse action against two casual academics to prevent them from claiming payment for extra hours worked, but admitted a supervisor penned an email referring to one of them as a ā€œself-entitled Y-gennerā€.

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Foxtel loses six-year battle with Cognizant unit over digital download patent
Intellectual Property 2022-10-04 4:31 pm By Sam Matthews

Cable TV giant Foxtel has lost a protracted IP battle with subsidiary of global tech giant Cognizant over a digital download patent for a modern DVR system.

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Judge declasses Wilson Security class action over objections from group members
Class Actions 2022-10-04 3:32 pm By Sam Matthews

Despite objections from numerous group members, a judge has tossed an underpayments class action brought by a self-represented applicant against Wilson Security, ruling that class actions should not be run without lawyers.

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Grant Thornton, Moore Stephens sued over Linchpin audits
Financial Services 2022-09-30 6:04 pm By Sam Matthews

Embattled investment firm Linchpin Capital has sued auditors Grant Thornton and Moore Stephens for signing off on the compliance plan for a registered fund that allegedly used investor money to advance the company’s business interests and line its directors’ pockets.

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Firm asked rivals not to bid for $250M university project, ACCC says in new cartel case
Competition & Consumer Protection 2022-09-30 4:16 pm By Sam Matthews

The ACCC has brought court action accusing national architecture firm Ashton Raggatt McDougall and its former boss of attempting to rig bids for a $250 million building project at Charles Darwin University by asking competitors not to submit a tender.

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CIMIC knocks ballooning pleadings in shareholder class action
Class Actions 2022-09-30 2:08 pm By Sam Matthews

Construction firm CIMIC has foreshadowed a fight over ā€œobscureā€ new pleadings in a two year-old shareholder class action alleging the company failed to keep the market informed about issues with its Middle East operations.

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CBA defeats ‘misconceived’ ASIC conflicted remuneration case
Financial Services 2022-09-29 11:11 am By Sam Matthews

The Australian Securities and Investments Commission has suffered a defeat in proceedings alleging the Commonwealth Bank of Australia accepted conflicted remuneration through the sale of its Essential Super product, with a judge finding the regulator “ignored the circumstances” in which the product was distributed.

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Government flags tougher privacy laws in wake of Optus breach
Privacy & Cybersecurity 2022-09-29 5:19 pm By Sam Matthews

The federal government has flagged reforms to Australiaā€™s privacy laws in the wake of a cyberattack that left the data of up to 10 million current and former Optus customers exposed, including heftier penalties for companies that fail to safeguard usersā€™ personal data.

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ASIC takes Nuix to court over ‘misleading’ market announcements
Securities 2022-09-29 2:01 pm By Sam Matthews

The Australian Securities and Investments Commission has filed long-awaited action against troubled tech company Nuix and a handful of former and current directors over allegedly misleading revenue announcements to investors.

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Virgin class action to appeal ‘nonsensical’ indemnity ruling
Class Actions 2022-09-28 11:40 pm By Sam Matthews

The applicant in an investor class action against Virgin Australia plans to appeal a judgeā€™s decision requiring litigation funder Balance Legal Capital UK to give the airline an indemnity in order to bring the proceedings, saying the indemnity ā€œsubstantially changes the risk calculus” for group members.

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