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X Corp wants to dodge eSafety Commissioner’s notice served on Twitter
Social Media 2024-09-09 11:45 pm By Andy Sidler

X Corp claims it is not answerable to a compliance notice the eSafety Commissioner issued to Twitter concerning its monitoring of child sexual abuse on its platform, telling the court there’s a “lively dispute” about the effect of the company’s acquisition by Elon Musk.

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Domino’s hit with shareholder class action
Class Actions 2024-09-06 9:47 pm By Cat Fredenburgh

Domino’s has been stung with shareholder class action accusing the pizza giant of misleading the market about its expected performance in Japan. 

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Class action accuses Exactech of supplying faulty joint implants
Class Actions 2024-09-06 12:53 pm By Cindy Cameronne

A Sydney law firm has filed a class action accusing private equity-owned medical device maker Exactech of supplying faulty joint implants that were subject to deterioration due to a packaging defect, caused serious medical complications in patients. 

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Westpac risk manager claims bank painted her a ‘troublemaker’
Employment 2024-09-06 3:13 pm By Andy Sidler

Westpac’s head of audit and risk has taken her employer to court, claiming the bank shut down her compliance concerns about its shuttered mortgage broking subsidiary RAMS and stigmatised her as a “troublemaker” after she made repeated inquiries into the matter.

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Superannuation class action against Westpac unit to be discontinued
Class Actions 2024-09-06 12:44 pm By Sam Matthews

A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.

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Judge strikes out ACCC’s entire claim against Meta over crypto ads
Competition & Consumer Protection 2024-09-06 12:25 pm By Cindy Cameronne

Over objections from the ACCC, a judge has struck out the regulator’s entire case against Meta over scam cryptocurrency ads on Facebook after it clarified that each allegedly misleading ad should be a separate contravention.

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CFMEU secretary Michael O’Connor taken to court by APRA
Superannuation 2024-09-06 11:45 pm By Andy Sidler

The prudential regulator has filed court action against First Super co-chair and CFMEU manufacturing division boss Michael O’Connor, alleging he breached his director’s duties under superannuation laws when he hired a union official to work for the fund.

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Deloitte appointed administrators of Keystone despite ‘baggage’
Financial Services 2024-09-05 11:24 pm By Cindy Cameronne

A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.

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HWL Ebsworth defeats client’s bid for High Court review in negligence case
Professional Negligence 2024-09-05 11:49 pm By Cat Fredenburgh

The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm’s bad advice over property in Parramatta’s ‘Auto Alley’ cost it $2 million.

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ANZ resists ‘roving commission’ into culture in sacked trader’s lawsuit
Employment 2024-09-05 2:17 pm By Cindy Cameronne

ANZ has argued a sacked trader’s bid for discovery has turned into a “roving commission” of the bank’s culture in a lawsuit alleging the trader was terminated for complaining about the bank’s manipulation of the bank bill swap rate. 

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