The National Australia Bank and insurer MLC have agreed to pay $49.5 million to settle a class action over allegedly worthless credit card insurance.
Westpac has been hit with a lawsuit by AUSTRAC for its alleged “systemic” failure to comply with anti-money laundering and counter terrorism finance laws.
Australian liquor retailer D’Aquino Bros has settled a trade mark infringement lawsuit brought by the UK’s Scotch Whisky Association, after agreeing to injunctions barring it from peddling its brew as Scotch.
Google’s promise to shield users’ health data after its planned $3 billion acquisition of fitness tech company Fitbit should be taken with a grain of salt, ACCC chairman Rod Sims said Tuesday.
A former National Australia Bank branch manager has been sentenced to a year of home detention for engaging in fraud in relation to the bank’s scandal-ridden Introducer home loan program.
Wealth management company Clime Capital and its CEO have been sued by a former chief investment officer who claims he was fired after complaining about a conflict of interest within the firm.
Sustainable tech firm Papyrus Australia has lost its bid to throw out a $750,000 defamation case brought against it by an ex-managing director, which alleges the omission of his name in the company’s 2018 annual report was akin to calling him a liar.
Garmin has reached a settlement in a competition case brought by its former exclusive Australian distributor alleging the GPS technology giant misused its market power after the supplier refused to give up its five best customers.
Mining services company Thiess is challenging a ruling in a class action that put it on the hook for paying workers for time spent bussing to and from their work stations at a construction site on Woodside Energy’s Pilbara-based LNG processing plant.
The Commonwealth Bank of Australia’s insurance division, CommInsure, has pleaded guilty to 87 criminal charges that it hawked life insurance products in unsolicited telephone calls, but wants credit for the early plea.