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A "time poor" judge's extensive copying and pasting of submissions and an offensive tweet by senator Pauline Hanson were at the centre of the week's biggest litigation wins.
ASIC claims non-bank lender Oak Capital engaged in unconscionable conduct by deliberating employing a business model to skirt the National Credit Code when issuing $37 million in loans.
ASIC has won its case against insurer HCF Life over a pre-existing condition term that was likely to mislead the public, but failed to convince the court that it was an unfair contract term.
The corporate regulator has warned financial services and credit licensees to get ahead of the curve in regulating the use of AI, particularly in the face of novel risks that include algorithm bias.
The corporate regulator has brought court action against QBE Insurance alleging it misled over half a million customers over policy discounts.
The CEO of defunct cryptocurrency exchange Mine Digital has faced court charged with fraud linked to a $2.2 million transaction.
The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
A judge on Friday rejected Latitude Finance's defence in ASIC's case over Harvey Norman's 'interest-free' ads that no reasonable consumer would expect “a charitable free lunch”.
The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company's continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.
Nuix has taken a slew of insurers to court seeking coverage of legal bills incurred in defending multiple class actions and proceedings by the Australian Securities and Investments Commission.