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ASIC launches two royal commission cases against Commonwealth Bank
Financial Services 2020-03-16 10:35 pm By Christine Caulfield

The corporate watchdog has brought two post-Hayne Commission proceedings against the Commonwealth Bank of Australia, alleging it upped the credit limit of a known problem gambler and overcharged more than $8 million in fees on its agricultural lending products.

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Ex-Macquarie Media boss Adam Lang settles defamation case over Daily Telegraph articles
Defamation 2020-03-16 3:53 pm By Cat Fredenburgh

The former boss of Sydney’s 2GB and Melbourne’s 3AW radio stations, Adam Lang, has resolved his defamation case against the publisher of the Daily Telegraph over articles he claimed portrayed him as an incompetent, sadistic executive who created a toxic work atmosphere.

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Settlement reached in sexual harassment case against ‘Underbelly’ actor
Employment 2020-03-16 8:39 am By Cat Fredenburgh

A settlement has been reached in a lawsuit against ‘Underbelly’ actor Damien Walshe-Howling alleging he sexually harassed an extra on the set of Channel Ten’s ‘Bikie Wars’ when he grabbed the actress and forced his tongue into her mouth.

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Qantas reports over $7M in underpayments to FWO
Employment 2020-03-13 4:38 pm By Miklos Bolza

Qantas Airways has repaid more than $7 million in underpayments and will make an additional $2 million in ‘apology’ payments to workers after self-reporting to the Fair Work Ombudsman that it incorrectly calculated the salary of hundreds of staff.

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Coronavirus could threaten jury trial in Country Care cartel case
Competition & Consumer Protection 2020-03-13 12:31 pm By Miklos Bolza

A Federal Court judge has acknowledged concerns raised by the accused in a criminal cartel case against mobility equipment provider Country Care and two employees about how an upcoming jury trial will proceed if the coronavirus pandemic worsens, telling the parties the court had already taken measures to control the spread of the virus.

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Judge approves Bellamy’s $49.7M settlement of shareholder class actions
Class Actions 2020-03-13 11:13 am By Christine Caulfield

A judge has given his blessing to a $49.7 million settlement of two class actions that alleged infant food maker Bellamy’s misled investors about its China growth strategy and declining market share in Australia.

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Westpac class action beauty parade is on after new suit filed
Class Actions 2020-03-13 10:45 am By Cat Fredenburgh

Westpac has been hit with another class action over alleged anti-money laundering breaches, teeing up a high-stakes beauty parade over which firm will lead the class action against the bank.

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Melco must produce docs to Crown Resorts inquiry, appeals court says
White Collar 2020-03-12 10:00 pm By Christine Caulfield

Hong Kong-based casino group Melco Resorts must hand over documents claimed to be privileged to a NSW public inquiry into James Packer’s Crown Resorts, with an appeals court ruling the inquiry had the power of a royal commission.

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ACCC strikes out again, loses misuse of market power case against Ramsay Health
Competition & Consumer Protection 2020-03-12 5:38 pm By Miklos Bolza

A court has tossed a case by the ACCC against Ramsay Health Care claiming that the global hospital group misused its market power by pressuring a group of doctors who planned to open their own day clinic.

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ACCC can pursue car rental company for threatening customers despite liquidation
Competition & Consumer Protection 2020-03-12 4:38 pm By Christine Caulfield

The ACCC has been given the go-ahead to continue its regulatory action against car rental company Australian 4WD Hire over allegedly threatening emails, three months after the firm went into voluntary liquidation.

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