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Optus hit with $6.4M fine for misleading NBN email
Competition & Consumer Protection 2019-11-29 10:24 pm By Cat Fredenburgh

A Federal Court judge has slapped Optus with a $6.4 million penalty for sending a misleading email to 138,988 mobile customers informing them their broadband service would be disconnected soon, just two days after the telecommunications giant copped a $1.5 million penalty for similar conduct.

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Hytera can argue Motorola should have alerted it to stolen IP sooner, Full Court says
Intellectual Property 2019-11-29 2:26 pm By Cat Fredenburgh

The Full Federal Court has handed a win to Hytera in its high-stakes intellectual property litigation with Motorola, allowing the Chinese radio manufacturer to file an amended defence arguing Motorola should have alerted it to the alleged theft of its source code by former employees sooner.

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Ernst & Young denies it was negligent in goodwill review of Slater & Gordon’s Quindell deal
Class Actions 2019-11-29 1:50 pm By Christine Caulfield

Accounting giant Ernst & Young, which has been dragged into two class actions by Slater & Gordon shareholders, has shot back at claims it was negligent in its 2015 audit report of the law firm’s UK division, which included a review of the firm’s disastrous acquisition of Quindell’s professional services arm that found no impairment on the goodwill value of the deal.

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Bondi Beach bar sues Aristocrat Technologies over ‘defective’ gaming machines
Product Liability 2019-11-29 1:04 pm By Cat Fredenburgh

A trendy Bondi Beach bar has dragged Aristocrat Technologies to court for allegedly selling it defective gaming machines that repeatedly froze when customers tried to use them.

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Dam operators found negligent in Queensland floods class actions
Class Actions 2019-11-29 11:41 am By Miklos Bolza

The NSW Supreme Court has ruled against the operators of two Queensland dams as well as the state government, finding they were vicariously liable for the negligence of flood engineers in the 2011 Southeast Queensland floods that destroyed over 2,000 homes.

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Competition watchdog keeps up fight for lower access fees at Port of Newcastle
Competition & Consumer Protection 2019-11-28 9:46 pm By Miklos Bolza

The ACCC has taken its long-running battle over access fees at the Port of Newcastle to the Federal Court, challenging a re-arbitration decision that overturned its finding that the fees should be cut by 20 per cent.

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Firms will seek up to $6M at SurfStitch class action settlement hearing
Class Actions 2019-11-28 4:03 pm By Miklos Bolza

The funders behind two shareholder class actions against online fashion retailer Surfstitch Group will seek a commission of up to 30 per cent while the law firms that brought the cases will ask for approval of up to $6 million in legal fees during an upcoming settlement approval hearing, which also puts the fate of a deed of company arrangement that saved the company from liquidation on the line.

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Cross claims against Deloitte dropped in Dick Smith class actions
Class Actions 2019-11-28 12:29 pm By Miklos Bolza

Accounting giant Deloitte Touche Tohmatsu will not face cross claims over the collapse of failed retailer Dick Smith when a hearing of three shareholder class actions kicks off in three months.

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Funder’s cut, legal fees face scrutiny in second Murray Goulburn class action
Class Actions 2019-11-27 11:11 pm By Christine Caulfield

The litigation funder financing the second of two recently settled shareholder class actions against Murray Goulburn will face similar scrutiny over its commission as the funder behind the first action.

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Bellamy’s to pay $49.7M to settle shareholder class actions
Class Actions 2019-11-27 10:05 pm By Cat Fredenburgh

Infant food maker Bellamy’s has agreed to pay $49.7 million to settle two shareholder class actions alleging the company misled investors in 2016 about its China growth strategy and declining infant formula market share in Australia.

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