The corporate regulator has filed a suit against fintech giant PayPal over a term in its contracts with small businesses that sets a deadline for complaints about excess fees.
The Australian Competition and Consumer Commission has taken eHarmony Inc to court, alleging the dating site misled users about its advertised ‘free dating’ membership and that its automatic renewal was a āsubscription trapā.Ā
Telco Swift Networks has been hit with a $1.2 million penalty for bid rigging and price fixing in the tender process for supplying IT and communications equipment for three Rio Tinto and Fortescue Metals mining projects in WA’s Pilbara region.
The Australian Securities and Investments Commission has won its case against Finnish microloan company Ferratum alleging it overcharged vulnerable, low-income consumers during the height of the COVID-19 pandemic.Ā
As it readies its civil penalty suit against tech company Nuix for trial, ASIC has flagged a possible dispute about the extent of penalty privilege pleaded by a handful of former and current directors named in the case.
The consumer regulator has asked a judge to impose penalties of almost $10 millionĀ against Honda Australia for misleading the customers of two former authorised dealerships, a penalty up to 10 times what the car maker says it should pay.
ASIC has brought court action against Westpac for allegedly dropping the ball on financial hardship claims by customers, some of whom had property seized or declared bankruptcy while waiting for a response from the Big Four bank.
A judge has order ACBF Funeral Plans to pay $1.2 million for misleading its First Nations customers, a penalty less than one-fifth the fine sought by ASIC.
Qantas has responded to ACCC proceedings alleging it sold thousands of tickets on cancelled flights, saying the period in which the alleged unlawful conduct occurred was one of “well-publicised upheaval” for airlines.
Two former Ferrier Hodgson partners had conflicts of interest when they accepted appointments as administrators of a failed pig farm operation, an appeals court has found, but their remuneration won’t take a hit as a result.