The corporate regulator has brought proceedings against the former boss of defunct Freedom Insurance and another executive over an insurance sales program that incentivized sales agents with overseas holidays and a Vespa scooter.
The Australian Competition and Consumer Commission has won an injunction to stop Virtus from completing the purchase of rival Adora Fertility until a court has ruled on the competition regulator’s challenge to the acquisition.
The founder of troubled sports streaming start-up Sports Flick has filed a $12.7 million lawsuit against former investors seeking to be reinstated as director and shareholder of the company.
The Victorian Supreme Court will push ahead with a hearing for a group costs order in a class action by Arrium shareholders despite requests by the applicants that it be put off until after judgment is issued on the second-ever group costs order request.
Mobility equipment provider Country Care has taken a law firm to court claiming it gave negligent advice and was responsible for an ACCC price-fixing investigation and subsequent criminal cartel charges.
A Canberra-based property developer may be hit with a class action for allegedly engaging in misleading and deceptive practices which caused financial losses to property buyers, including by rescinding or cancelling off-the-plan contracts in the midst of the COVID-19 pandemic.
Agricultural equipment supplier Agrison has been ordered to pay a $220,000 pecuniary penalty after admitting to misleading its customers about the terms of its tractor warranties.
A third law firm has launched an investigation into a potential shareholder class action against Star Entertainment Group after a $1 billion share price nosedive on the back of allegations of lax management of anti-terrorism and money laundering risks.
A plastic surgeon followed by more than 5 million TikTok users has lost an urgent bid to block the ABC from airing an episode of Four Corners about him next Monday.
A judge has extended by a week a freezing order over the assets of ISignthis CEO John Karantzis in a dispute with the Australian Taxation Office over a $10.7M alleged tax debt, but a bid to extend the scope of the order to include shares in a Cyprus-based company launched by the fintech businessman has failed for now.