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Wealth guru Dominque Grubisa wants the High Court to overturn a finding that she had actual knowledge her company's statements were misleading, saying the case raises unresolved questions about accessorial liability.
Ergon Energy is challenging a notice from the energy regulator in its probe of payments received via a Centrelink direct debit scheme, after AGL was fined $25 million for overcharging welfare recipients.
Class action settlements leaped in value last year, with three settlements topping the $200 million mark.
The Full Court has rejected wealth guru Dominique Grubisa's argument that a judge who slapped her and her company with a $6 million penalty wrongly confused the ordinary consumer with “the most ignorant”.
An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.
Energy provider AGL has been slapped with a $25 million penalty after it continued to deduct payments from around 500 welfare recipients after they had closed their accounts.
A judge has approved a $57.5 million settlement in a class action against ANZ over credit card interest, including allowing the funder to recoup $1.2 million in after-the-event insurance costs.
The judge hearing ASIC’s case against super fund Cbus has criticised the practice of exchanging concise statements and responses, saying it was a “false economy” of time and cost savings.
The Australian operator of crypto exchange Kraken has been ordered to pay $8 million for failing to comply with design and distribution obligations.
On appeal of a $6 million judgment for misleading statements, Dominique Grubisa and her wealth education company DG Institute have argued her advice was based on faulty knowledge, not ill intentions.