ASIC has won a $20 million judgment against derivative trader Forex CT for using āunfairā sales tactics and misleading clients into making trades from which the company would benefit even when they had informed their adviser they had limited financial resources.
A $440 million settlement by the State of Queensland and dam operator Sunwater resolving a class action over the 2011 Queensland floods has been approved by a NSW judge.
Building products supplier Wagners has been awarded $4.8 million from Boral after Wagners successfully challenged a ruling in a high-stakes cement supply dispute with the construction material giant.
A group of car dealers has hit a unit of car giant General Motors with a class action for allegedly breaching its contract by retiring the Holden brand in Australia last year.
Slater & Gordon has argued discovery is becoming āunduly onerousā in a cross-claim filed by Arnold Bloch Leibler in a class action accusing the law firm of breaching its duty of care by greenlighting Slate & Gordonās $1.2 billion acquisition of Quindell.
Google misled or is likely to have misled some reasonable users of its Android devices about the digital giant’s use of their location data, a judge has found in a win for the consumer regulator.
A judge has slapped a 4WD rental company that made “harsh and unjustified threats” against customers who challenged its decision to retain their security deposits with a $1.2 million fine.
Pasta distributor Conga Foods is challenging a ruling that dashed its bid to register its ‘La Famiglia Rana’ trade mark in Australia.
The High Court has granted special leave to hear a first-of-its-kind dispute over a number of airplane engines leased by the beleaguered Virgin Airlines, which may result in the airlineās administrators using company funds to cover the costs of shipping the engines back to Florida.
Courts have power to order oral discovery of potential witnesses ahead of trial, according to the judge overseeing two 7-Eleven class actions by franchisees, but the cases against the convenience store giant were not the occasion to exercise the power, he said.