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A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
Sydney Trains has reached an in-principle agreement to settle a class action by operations staff alleging a “systemic pattern” of underpayments and overwork.
Former PriceWaterhouseCoopers chief executive Tom Seymour has been fined $15,000 and suspended as a chartered accountant, shortly after he was banned from acting as a tax agent over the firm's tax leaks scandal.
Construction PRO
Law firm Allens is behind the recent sale by Pamoja Capital of a majority stake in UniLodge to Japanese property developer Samty.
Construction PRO
New Zealand-based pipe manufacturer Buteline has been added to a case seeking damages over the installation of allegedly defective water pipes in a residential building in the Northern Territory.
A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were "very significant".
A judge on Tuesday penalised Google $55 million for anti-competitive deals requiring Telstra and Optus to pre-install its search engine on Android devices, but has questioned why action wasn't taken against the telcos.
Special purpose liquidators have been appointed to failed clothing retailer Mosaic Brands, after a judge found a reasonable apprehension of bias arising from liquidator Vaughan Strawbridge's former link to Deloitte.
Woolworths has been hit with a shareholder class action for underpaying workers hundred of millions of dollars, with investors alleging the supermarket giant issued inflated financial statements by failing to account for proper staff remuneration.
Construction PRO
McCullough Robertson has nabbed a construction law expert from Mills Oakley to join the firm's partnership.