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Star Entertainment hit with third shareholder class action
Star Entertainment is facing a third shareholder class action alleging it failed to disclose material information about its compliance with anti-money laundering and counter-terrorism financing regulations, after being slapped with $200 million in fines by state gambling regulators.
ASIC says James Mawhinney’s defamation case doesn’t clear ‘serious harm’ bar
The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it doesn't meet the new 'serious harm' threshold for defamation matters.
Pelvic mesh applicant wants Shine’s former class action head to keep case
The applicant in a Shine Lawyers-run class action against Boston Scientific over alleged defective pelvic mesh wants to switch legal representation, taking her business to Shine's former class actions head, who recently parted ways with the firm to launch her own boutique.
Law firms get time to hash out deal as Jaguar Land Rover hit with second class action
A second class action has been brought against Jaguar Land Rover over alleged defective diesel filters in its vehicles, and the law firms running the two cases have been given until the end of the month to reach a deal to avoid a court showdown.
‘High end of careless’: Wilsons Advisory pays $550,000 for market integrity rules breach
Wilsons Advisory and Stockbroking has paid a $548,328 penalty after the Australian Securities and Investments Commission found its reported Trade With Price Improvement products did not offer price improvement.
Flight attendant unfairly sacked from billionaire Paul Lederer’s private plane: FWC
A business owned by billionaire and soccer team owner Paul Lederer unfairly dismissed a flight attendant who worked on his private jet because she refused to change hotels during a stopover, the Fair Work Commission has found.
United Petroleum hit with franchisee class action over ‘unprofitable’ Pie Face stores
United Petroleum has been hit with a class action on behalf of franchisees who allege they suffered loss when the petrol giant installed loss-making Pie Face stores at its franchise sites.
ClearLoans agrees to $6M penalty in ASIC’s first COVID-19 case against lender
Personal lender ClearLoans and its parent company have agreed to pay penalties of just over $6 million to settle the first COVID-19 related case brought by the Australian Securities and Investments Commission.
Crypto class action members ‘wholly unprotected’ by self-repped applicant, Meta says
Arguing the interests of the self-represented applicant and group members are in conflict, Meta and Google are urging a court to shut down a class action accusing the digital giants of breaching competition law by banning cryptocurrency ads on their platforms.
PwC partner denies involvement in alleged $3.3M fraud scheme
A PricewaterhouseCoopers partner has hit back at a lawsuit over her alleged involvement in a $3.3 million scheme to defraud her husband's employer, saying she believed payments into her account were made under a personal loan brokered by her husband from a “wealthy friend” in China.