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‘Not a single note’: ACCC accused of avoiding disclosure in ANZ cartel case
The ACCC's investigatory techniques have come under fire during a hearing over an alleged criminal cartel agreement between ANZ and two investment banks, with a barrister for one of the banks suggesting investigators from the regulator deliberately did not take notes during hundreds of days of witness interviews to avoid disclosure.
Ardent Leisure hit with charges over Dreamworld deaths
Ardent Leisure, which operates the Dreamworld theme park in Queensland, has been hit with three charges over four deaths that occurred at the theme park in 2016 following a ride malfunction.
IP Australia appeals loss in Aristocrat gaming methods patent case
IP Australia has appealed a judge's decision to allow four Aristocrat gaming patents to proceed to grant, hoping for another victory after winning two high stakes challenges to software patents before the Full Federal Court.
ASIC pushes for $15M fine in NAB ‘Introducer’ case, but judge questions scope of investigation
ASIC has called for a $15 million penalty against National Australia Bank over its scandal-ridden 'Introducer' loan referral program, but a judge has questioned the “superficial” investigations in the case and remarked on the corporate regulator's "pattern" of bringing enforcement action after remediation programs were well underway.
JPMorgan disputed existence of cartel agreement with ANZ, court hears
Despite receiving immunity in a criminal cartel case against ANZ and two other investment banks, JPMorgan has disputed the existence of any cartel agreement since the early days of the ACCC's investigations, a court has heard.
IOOF admits head of research had underlings take his compliance training
IOOF has admitted that some allegations in an employee complaint at the centre of a shareholder class action were "substantially true", including claims that it overstated the performance of its 'Buy Model' investment portfolio and that its head of research instructed subordinates to complete his training courses for him.
Coffee capsule maker Caffitaly appeals ruling invalidating three patents
Coffee capsule maker Caffitaly is challenging a ruling that revoked three patents at the centre of an intellectual property war with rival One Collective.
Lorna Jane fined over anti-virus activewear claims
Brisbane clothing company Lorna Jane has been fined almost $40,000 for implying that its 'anti-virus activewear' prevents against infectious diseases such as COVID-19.
ASIC loses bid for Ashurst documents on ANZ fee advice ‘for now’
Australia’s corporate watchdog has lost its bid to obtain Ashurst’s advice to Australia and New Zealand Banking Group about potentially illegal bank fees “for now”, but a judge has signalled that this may not be the end of the matter.
ASIC takes Forex CT to court over ‘unconscionable’ sales tactics
ASIC has launched court proceedings against Melbourne-based foreign exchange and derivative trader Forex CT alleging it engaged in unconscionable sales tactics that led to hundreds of thousands of dollars in investor losses.