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Westpac settles US class actions over BBSW trading, money laundering disclosures
Westpac has reached settlements in two separate US class actions over the bank's trading activity in the bank bill swap rate market and disclosures in relation to its compliance with Australia's anti-money laundering and counter-terrorism financing laws.
Pitcher Partners’ bid for indemnity costs from class action gets poor reception
A judge has expressed skepticism at claims by accounting firm Pitcher Partners that the lead applicant of a now dropped class action over its auditing advice to Slater & Gordon should be hit with indemnity costs for discontinuing the case.
Judge ‘troubled’ by firm’s bid to add client’s brother-in-law to $745,000 fee spat
A judge has criticised a law firm that is suing its former client, Melbourne cafe Barfly's, for $745,000 in legal fees after the firm sought to join the brother-in-law of Barfly's owner Tony Hachem to the case.
Claims of loss questioned in MySuper class action against NAB units
A judge has raised doubts about claims of loss and damage in a class action by members of superannuation funds operated by NAB units MLC and NULIS over alleged MySuper mismanagement, as he determines a challenge to whether the case was validly brought as a class action.
TechnologyOne appeals $5.2M judgment in unfair dismissal case
Australian software company TechnologyOne has appealed a ruling ordering it to pay $5.2 million to a former high-earning executive for allegedly terminating him for making complaints about workplace bullying.
Doubts raised years ago about claims in dropped Pitcher Partners class action, court hears
Johnson Winter & Slattery persisted with a shareholder class action over auditing advice given to Slater & Gordon despite concerns about the strength of the claims raised in late 2017, Pitcher Partners has told the Federal Court as it seeks indemnity costs for the now abandoned proceeding.
Judge frowns on Allergan’s ‘Botox’ trade mark lawsuit
Botox maker Allergan has lost a lawsuit that accused an Australian cosmetics company that sells topical creams as an alternative to Botox injections of infringing its Botox trade mark.
Drakes Supermarkets hit with $20M underpayments class action
Drakes Supermarkets is facing a class action alleging it failed to pay staff at its Foodland and Drakes stores for time worked in excess of rostered hours, the latest on a growing list of supermarket chains to be stung by an underpayments class action.
ACCC takes Agrison to court over warranty representations
The consumer watchdog has filed court proceedings against agricultural equipment supplier Agrison for allegedly misleading tractor purchasers about its warranties and after-sales services.
‘Big fat CFO’ incentives would distort class action scheme, BMW tells court
Luxury car maker BMW has told the NSW Court of Appeal that the courts do not have power to make common fund orders at any stage of a group proceeding, arguing that such orders would distort the scope of the class action regime by encouraging litigation funders to pursue lawsuits.