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IOOF may face new misconduct allegations in shareholder class action
The applicant in a shareholder class action against IOOF wants to add ten new misconduct allegations, including that a relative of a former executive made $69,000 by offloading shares.
‘Very disappointed’: ACCC accuses Telstra, Optus and TPG of misleading NBN customers
The Australian Competition and Consumer Commission has brought legal action against three major Australian internet providers for allegedly misleading hundreds of thousands of NBN customers.
Crown class action over Chinese arrests can’t block SkyCity share price evidence
SkyCity's announcement to shareholders about an employee's interrogation by Chinese gambling authorities made little difference to the NZ casino operator's share price, Crown Resorts has told a court in expert evidence ahead of a looming class action trial.
Energy Beverages files ‘Mother’ of an appeal against trade mark decision
A high-energy trade mark dispute has gone to the Federal Court after the maker of Mother energy drinks lost its bid before IP Australia to prevent a Victoria-based company from registering Kangaroo Mother as a trade mark for beverages.
Financial fraudster dodges conviction following ASIC investigation
The former director of Sydney financial planning practice Hillross Bella Vista has been conditionally released without a conviction recorded after pleading guilty to falsifying documents uncovered during an investigation by the Australian Securities and Investments Commission.
Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can't agree to "sensible" time limits to ready the case for hearing, noting he would reach retirement age in 2024.
Judge blasts ‘absurd’ terms in pelvic mesh class action settlement offer
A judge has slammed an "absurd" class action settlement offer made by pelvic mesh device maker Astora Women's Health that would require Shine Lawyers to provide the company with indemnities, saying "no rational judge" would approve it.
OAIC launches investigation into Optus data breach
The Office of the Australian Information Commissioner is investigating whether Optus breached privacy law after the telco wrongly published customers’ personal details in the White Pages in 2019.
Lawyer who admitted to professional misconduct loses bid for costs from public fund
A solicitor who admitted to allegations of professional misconduct has lost a NSW Court of Appeal bid for the costs of a NCAT proceeding to be paid from the state’s Public Purpose Fund, despite twice winning appeals of the tribunal's findings.
Jailed former mayor a ‘reluctant gladiator’ in defamation case against Seven, judge says
A judge has dismissed jailed property developer Salim Mehajer’s defamation lawsuit against broadcaster Seven, saying delays in fixing significant defects in his case amounted to an abuse of process.