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ACCC takes aim at social media influencers
The Australian Competition and Consumer Commission has begun a sweep of social media sweep over concerns about “manipulative marketing techniques” employed by influencers.
Financial planner pleads guilty to dishonesty on eve of criminal trial
Melbourne stockbroker Bradley Grimm has pleaded guilty to charges of dishonesty following an investigation alleging Grimm -- whose wife is a former ASIC employee -- fleeced funds from clients.
Optus to bring fraud counterclaim in $100M TeleChoice suit
Optus has won more time to bring a counterclaim in a $100 million lawsuit by mobile retailer TeleChoice alleging it was misled when the telecommunications giant claimed it would earn the same revenue as in an agreement that was being negotiated with Telstra.
Mesoblast looks to exclude some investors from shareholder class action
Regenerative medicine company Mesoblast has hit back at a shareholder class action over its Remestemcel-L treatment for COVID-19, saying that some group members are barred from bringing claims because of a settlement reached in a US class action.
Carwoola bushfire class action claims exempt under insurance policy: appeals court
An appeals court has upheld a finding that an unsuccessful class action over the Carwoola bushfire was not entitled to recovery from the insurers of the plumbing company that sparked the blaze.
Companies hit with $150,000 penalty for failing to cooperate with AFCA
Two home finance companies and their father-son directors have been hit with $150,000 in penalties after a judge found they failed to cooperate with the Australian Financial Complaints Authority in an ASIC enforcement action and subjected AFCA staff to “inappropriate and unprofessional behaviour.”
Sleeping Virgin flight attendant’s dismissal not unfair, FWC finds
A full bench of the Fair Work Commission has overturned a ruling that a Virgin Australia flight attendant was unfairly sacked, finding she breached the airline’s policies by sleeping on the job and stashing snacks in her crew bag.
Thomson Geer snags Finlaysons partner for banking practice
Thomson Geer has lured a long-standing partner from Adelaide firm Finlaysons to lead its banking and finance team after its former banking head partner decided to end his 40-year stint with the firm.
Qantas tells High Court it can’t be liable for thwarting ground crew’s future rights
Qantas was entitled to take adverse action against ground crew to stave off the possibility of future industrial action, the airline has told the High Court in an appeal of a finding that it breached the Fair Work Act when it outsourced the crew's work during the height of the COVID-19 pandemic.
Nine settles defamation case with one time Liberal powerbroker Marcus Bastiaan
Nine Entertainment and Marcus Bastiaan have reached a settlement which includes a contribution to legal costs but no damages in a defamation case over a 60 Minutes segment accusing the former Liberal powerbroker of branch stacking.