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Mayfair 101 hits back at ASIC claims of misleading advertising
Investment group Mayfair 101 has denied claims by ASIC that it has engaged in misleading or deceptive advertising of its Platinum products, saying in a response to the regulator's case the products were aimed at sophisticated investors who were told of the risks. 
Ford cars fitted with PowerShift are ‘lemons’, court hears as high-stakes trial revs up
Tens of thousands of Ford cars which contain an allegedly defective transmission system are “lemons”, a court heard on day one of a six-week hearing in a long-running class action against the car maker.
‘These results are not accidental’: GetSwift saw ASX as ‘cheap way’ to boost share price, ASIC says
Émails show the directors of logistics company GetSwift took a "deliberate approach" to inflating the company's share price through a constant supply of positive ASX announcements about new multimillion-dollar contracts, ASIC said on the first day of a highly anticipated five-week trial.
Full Court flushes ACCC appeal of wipes ruling
The Full Federal Court has thrown out the ACCC's challenge to a ruling dismissing its case alleging Kimberly-Clark made misleading representations about its flushable wipes.
ASIC takes action against Societe Generale for lax handling of client money
ASIC has slapped an Australian unit of French investment bank Société Générale with additional licence conditions for failing to comply with its obligations for handling client money over a near four-year period.
Judge won’t recuse himself from patent case against Globaltech, Boart Longyear
A judge has rejected calls by mining tool company Globaltech and driller Boart Longyear to disqualify himself from hearing a patent infringement case against them, despite ruling in an earlier proceeding that the patent was valid and that Globaltech had infringed it.
Westpac could face more AUSTRAC claims as child exploitation scandal deepens
Westpac is facing the possibility of more claims in proceedings brought by AUSTRAC over anti-money laundering breaches, with the regulator seeking information on 272 customers who may have been involved in the exploitation of children.
Ex-Rockmans GM sues Noni B for ‘retrospective termination’
The former general manager of women's fashion retailer Rockmans is suing parent company Noni B, claiming he was not given any notice before being sacked in April this year.
Litigation funder wins access to docs in parking patent dispute against City of Melbourne
The funder backing a patent lawsuit by tech firm Vehicle Management Systems over an invention used by the City of Melbourne to time parked vehicles has been granted extended access to discovered documents in the proceedings.
Former Beem It boss drops lawsuit against payments fintech, CBA
The former CEO of Beem It has discontinued her legal claims against the payments fintech co-owner, Commonwealth Bank of Australia, only days after naming the bank in her lawsuit alleging workplace breaches.