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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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Adverse finding against Judge Vasta would face ‘inevitable’ challenge, court hears
Courts 2021-06-24 4:17 pm By Miklos Bolza

A judge hearing a lawsuit against Federal Circuit Court Judge Salvatore Vasta over alleged wrongful imprisonment has heard that a finding putting the Commonwealth on the hook for future jurisdictional errors by judges would meet an “inevitable” appeal.

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In victory for ACCC, Full Court tosses Geowash execs’ ‘ill-founded’ appeal
Appeals 2021-06-23 11:49 am By Miklos Bolza

Two executives of failed car washing franchise Geowash have failed in their attempt to overturn a $2.7 million penalty for overcharging and misleading franchisees, with the Full Court finding they had engaged in “a consistent pattern of conduct which was deceitful and dishonest”.

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Volkswagen asks High Court to toss landmark $125M Dieselgate penalty
High Court 2021-06-10 2:56 pm By Cat Fredenburgh

Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.

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JPMorgan tries to shield ASIC settlement negotiations in ANZ cartel case
Competition & Consumer Protection 2021-06-01 4:09 pm By Miklos Bolza

JPMorgan is fighting to keep details of failed settlement talks with ASIC under wraps in criminal cartel proceedings over a $2.5 billion ANZ share placement, as ANZ seeks to uncover whether the corporate regulator made a deal with the investment bank ahead of the cartel case being filed.

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Judge baulks at law firm’s $13.8M bill in settled Woolworths class action
Class Actions 2021-05-20 9:24 pm By Christine Caulfield

A judge has refused to sign off on $13.8 million in fees sought by law firm Maurice Blackburn as part of a $44.5 million settlement in a class action against Woolworths, saying the amount was “intuitively out of the range” of what was a reasonable legal bill for the case.

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‘Just tell us what we did wrong’: KPMG to get more details in Arrium class action
Class Actions 2021-04-21 10:37 pm By Cindy Cameronne

A judge has ordered the applicant in a shareholder class action against former Arrium directors and KPMG over allegedly misleading statements made ahead of Arrium’s $754 million capital raising in 2014 to explain how the amount by which the mining company’s assets were allegedly overvalued was calculated.

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Volkswagen loses appeal of landmark $125M fine in ‘turning point’ for ACCC
Competition & Consumer Protection 2021-04-09 8:55 pm By Cindy Cameronne

Volkswagen has lost its challenge to a landmark $125 million Dieselgate penalty handed down by a judge who lambasted a $75 million fine proposed by the ACCC as “manifestly inadequate”, in what ACCC chair Rod Sims told Lawyerly was a “turning point” for the regulator to push for higher fines.

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Merivale suffers setback in $129M underpayments class action
Employment 2021-04-01 4:43 pm By Cat Fredenburgh

The judge hearing an underpayments class action against hospitality company Merivale has found the workplace agreement that covered the group members was not validly approved.

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KPMG can’t delay defence in Arrium class action
Accounting 2021-03-24 1:37 pm By Christine Caulfield

A bid by KPMG to push off the filing of its defence in a class action over misleading statements ahead of Arrium’s $754 million capital raising in 2014 has been shot down by a judge, who said the auditor has known the claims against it since November.

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