Two Commonwealth Bank subsidiaries have entered an agreement with ASIC to pay $3 million for failing to provide annual reviews to customers that paid for the service, adding to the $88 million they have already paid out to 31,500 affected customers.
A BHP subsidiary has won a reprieve pending appeal of a Fair Work Commission decision that found it acted unreasonably when it failed to consider alternative work for an incapacitated miner.
The maker of the anti-depressant Lexapro faced off Monday against Apotex, Aspen Pharma and Sandoz at a court hearing over the rights to make generic versions of the top-selling product, with a barrister for Lundbeck slamming the three companies’ defence that their drugs were different.
The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don’t include a proper warning.Â
Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.
Consumer goods maker Pental Ltd will pay $700,000 in penalties after admitting it misled customers about its ‘flushable’ White King toilet and bathroom cleaner wipes.
Kitchen appliance company Thermomix has been hit with a $4.6 million penalty for failing to warn customers of the risk of serious burns associated with its high-end mixer.
A former treasurer for Coffs Harbour City Council was “careless” for not analysing the financial products he invested millions of dollars of the city’s funds into, a lawyer for ANZ said last week at a class action trial against the bank and US ratings agency S&P Global.
In a long-running intellectual property fight with the University of Sydney, an expert witness for ophthalmic diagnostic device maker ObjectiVision has been grilled in the witness box over a report that claims parts of the company’s AccuMap system was copied.
Supermarket chain Aldi Foods has made several attempts to negotiate with its driversâ union in a long running industrial dispute, but the union refuses to sit down for talks, a court heard last week. Â