A class action on behalf of 121 children who allege they were wrongfully detained in adult prisons or immigration detention due to flawed age testing has settled for $27.5 million.
AMP and a group of financial advisers in a class action over changes to the firm’s buyer of last resort policy have agreed to another round of mediation, even as the wealth manager appeals a judge’s liability finding.
A former Greenwoods & Herbert Smith Freehills partner who claims he was sacked for complaining about Lendlease’s attempts to avoid tax liability has asked the High Court to overrule a judgment finding recent changes to whistleblower protections do not apply retrospectively to cover his claims.
AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the amount it would pay financial advisers for their books of business.
The consumer regulator has asked a judge to impose penalties of almost $10 million against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.
The Full Court has dealt a blow to a sacked Greenwoods & Herbert Smith Freehills partner seeking $13 million in compensation from his former firm and Lendlease, finding new whistleblower protections do not apply retrospectively to cover his claims.
Deloitte may seek confidentiality orders over the amount it agreed to pay to settle a shareholder class action over its audits of collapsed construction group Hastie.
Mercer Superannuation is likely to admit liability in the corporate regulator’s maiden greenwashing case, a court has heard.
ASIC has lost its challenge to findings that a revenue sharing arrangement between the Commonwealth Bank of Australia and former subsidiary Colonial First State Investments did not breach conflicted remuneration provisions of the Corporations Act.
Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the accounting firm unsuccessfully fought to shield its audit reports.