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Funeral insurer ACBF Funeral Plans and parent company Youpla Group are facing legal action from the corporate regulator alleging they breached financial service laws by making false claims in a funeral insurance policy sold primarily to Aboriginal consumers.
The Attorney-General's office has begun its review into whether the Privacy Act is fit for the digital age, including whether the law should be changed to allow consumers to bring lawsuits, including class actions, for privacy breaches.
Accounting firm Findex has lost an appeal of a court's judgment tossing its case against a former financial advisor, despite the court finding he had poached the company's clients and caused $742,000 in losses.
The Federal Court has approved what is thought to be only the second ever audio-visual opt out notice in a class action, a move that will make it easier for group members to find out about class actions they may be eligible for.
A former general manager of Sigma Healthcare is facing up to twenty years in prison after being charged with two counts of insider trading.
A Sydney-based law firm is conducting a class action investigation into medical device manufacturer Boston Scientific's pelvic mesh products, adding to the growing list of companies facing lawsuit by women who claim they experienced pain and other adverse symptoms due to the implants.
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.
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.
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.
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.