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Judge orders Employsure to pay $1M after ‘gagging’ at ACCC’s proposed sum
Employment 2021-11-30 5:43 pm By Bianca Hrovat

Specialist workplace relations consultancy Employsure has been ordered to pay a $1 million penalty over a series of misleading Google advertisements, a figure significantly lower than the $5 million sought by the Australian Competition and Consumer Commission.

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Judge ‘gags’ at ACCC’s proposed $5M penalty in Google ads case against Employsure
Competition & Consumer Protection 2021-11-10 2:46 pm By Bianca Hrovat

A judge said he “gagged” at the Australian Competition and Consumer Commission’s proposed $5 million pecuniary penalty in its case against specialist workplace relations company Employsure over six misleading Google ads.

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Ex-Dick Smith CFO to appeal $43M victory for NAB
Restructuring & Insolvency 2021-10-07 6:25 pm By Miklos Bolza

Dick Smith’s former CFO will appeal a $43 million judgment in favour of National Australia Bank over his role in the retailer’s collapse.

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IOOF unit loses bid to strike out ASIC’s cybersecurity case
Privacy & Cybersecurity 2021-10-07 1:26 pm By Cindy Cameronne

IOOF unit RI Advice has lost its bid to strike out ASIC’s novel case claiming it failed to protect its clients against cybersecurity risks, but a judge has chastised the regulator for causing “needless confusion” and “wasted time”.

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ASIC’s cybersecurity test case ‘completely incoherent’, IOOF unit tells judge
Privacy & Cybersecurity 2021-09-06 9:47 pm By Bianca Hrovat

An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASIC’s claims in the novel case, describing the regulator’s further amended statement of claim as “grossly unfair” and “completely incoherent”.

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‘Serious breach of trust’: ACCC wins appeal in Google ads case against Employsure
Competition & Consumer Protection 2021-08-13 4:43 pm By Bianca Hrovat

The Australian Competition and Consumer Commission has won a challenge to a ruling that tossed its case against specialist workplace relations company Employsure, with an appeals court finding the regulator was right that the company had misled small businesses into signing long term contracts via Google ads that appeared to be government affiliated.

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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile app, and says the collection was allowed under its terms of service.

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NAB wins $43M judgment against ex-Dick Smith director but receivers walk away empty handed
Restructuring & Insolvency 2021-06-15 4:47 pm By Miklos Bolza

A judge has awarded $43 million to National Australia Bank in its lawsuit against former directors of failed retailer Dick Smith, but threw out claims against company directors brought by HSBC and the retailer’s receivers.

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800-page report dooms ASIC bid for early trial in cybersecurity case against IOOF unit
Privacy & Cybersecurity 2021-05-14 3:39 pm By Cindy Cameronne

A judge has denied ASIC’s request that the court hear its case against RI Advice in November, giving the IOOF unit more time to respond to the 800-page expert report filed by the regulator in support of its case that the company lacked adequate cybersecurity systems.

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ACCC accuses company of trying to rig bid for National Gallery of Australia tender
Competition & Consumer Protection 2021-05-13 4:19 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has brought proceedings against industrial technology company Delta Building Automation for allegedly attempting to rig a bid for a tender by the National Gallery of Australia.

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