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Platinum insider trader must surrender passport ahead of sentencing
Investment manager Rodney Forrest must hand over his passport to an ASIC investigator before his sentencing next month for trading in shares in Platinum Asset Management armed with insider intelligence.
Class action targets government’s ‘unlawful’ card payment surcharges
Fresh off a record settlement for the Robodebt scandal, the government is facing a new class action over a law that retroactively allowed it to impose card payment surcharges, which the suit says amounts to unjust enrichment.
Reddit brings High Court challenge over social media ban
In its writ to the High Court on Friday, Reddit says Australia's social media ban for children under 16 years old “directly burdens” the country's implied freedom of political communication.
IMARC activist awarded damages in pepper spray class action
The lead applicant in a class action challenging Victoria Police's use of capsicum spray during a protest over the International Mining and Resources Conference in 2019 has been awarded $54,000 in damages.
OAIC won’t probe class action-style complaint over Optus data breach
The privacy watchdog has given a preliminary view that it won't investigate a class action-style complaint brought by Maurice Blackburn over a 2022 Optus data breach, citing its own proceedings, a court has heard.
Judge won’t hold up Google class action waiting for competing case
The judge overseeing a jointly run class action against Google, which has already fended off a third proceeding in a contest to pursue the digital giant, will not keep the case waiting for a looming fourth action.
ANZ sued by former CEO Shayne Elliott over $13.5M bonus
ANZ is facing a lawsuit by former CEO Shayne Elliott alleging the bank breached the terms of a contract governing his departure when it denied him $13.5 million in bonus payments.
Coles, Woolworths to face $10M fines for price-gouging under new rules
Under new rules that will come into effect in July, large supermarkets like Coles and Woolworths will face $10 million fines for price-gouging.
Court rejects Walter Sofronoff’s challenge to corrupt conduct finding
The Federal Court has dismissed Walter Sofronoff KC’s legal challenge to the ACT Integrity Commission findings that he engaged in corrupt conduct in his inquiry into the prosecution of Bruce Lehrmann.
AMP to pay $29M to settle another royal commission class action
AMP has agreed to pay $29 million to settle a class action alleging insurance customers were overcharged, putting to rest another case stemming from "serious misconduct" that came to light curing the 2018 banking royal commission.