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A $50 million settlement has been reached in a long-running shareholder class action against defunct vocational training company Vocation that also spawned multiple cross-claims against the failed company's auditor PricewaterhouseCoopers, law firm Johnson Winter & Slattery and individual directors.
Google is seeking to assuage ACCC concerns that its planned $3 billion acquisition of fitness device company Fitbit would further entrench its market power by giving it access to a treasure trove of user data, promising the regulator that it will not use data collected through wearables for advertising purposes for at least 10 years.
Logistics services provider Qube has resolved a lawsuit that accused the Port of Newcastle of misusing its power in the market for port services by denying Qube's request to use its own equipment to provide dry bulk unloading services at the port.
A judge has indicated she will approve GetSwift's plans to relocate to Canada, despite concerns raised by ASIC, but will wait until the company has received approval from the Foreign Investment Review Board.
A judge has lashed out at the legal team behind a class action against S&P over allegedly misleading credit ratings for filing hearsay evidence in support of an application to serve the ratings giant overseas, saying that "nobody who is a first year law student" would say the evidence was admissible.
The states of Victoria and Queensland have joined two class actions over allegedly combustible cladding as group members, with the claims in the proceedings now exceeding $500 million.
Telstra is facing the second highest penalty ever imposed under consumer law for signing up Indigenous customers to post-paid mobile plans, with the ACCC alleging the telco exploited social and cultural vulnerabilities and caused "severe" financial hardship and distress, with one customer scared they would be incarcerated for not paying up.
The Australian Competition and Consumer Commission is seeking $2 million in penalties against Kogan, after a judge found statements the online retailer made during a 2018 promotion were misleading and drew consumers into the company's "marketing web".
A judge has dismissed the bulk of a consumer case brought by the ACCC against caravan and campervan manufacturer Jayco Corp, finding that the regulator's action fell short of proving allegations of unconscionable conduct.
A class action alleging a national personal injury firm overcharged clients will be discontinued after the lawyer behind the case, who failed in his bid to send a notice to group members soliciting funds, said he was not prepared to run the proceedings on a no win, no fee basis.