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ACCC takes Magnamail to court for misleading prize promotions
Court action by the ACCC alleges mail order company Magnamail made misleading statements to hundreds of thousands of people about prizes they weren't eligible to win.
Ex-boss of AI marketing company Metigy charged with misleading investors
The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.
ASIC launches formal MinRes probe over Ellison tax dodge claims
The corporate cop has launched a formal investigation after the airing of tax evasion allegations against Mineral Resources' billionaire founder, Chris Ellison.
Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.
Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
The ACCC has red flags about the acquisition of Japanese healthcare business I'rom Group by private equity behemoth Blackstone.
Dixon Advisory director reasonably relied on Minters advice, court finds
A judge has dismissed the corporate regulator’s case alleging former Dixon Advisory director Paul Ryan breached his director’s duties.
Litigators of the week: Atanaskovic Hartnell, Marque win wars over words
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.
Optus pressured customers to buy phones they couldn’t afford, ACCC says
The consumer regulator has launched court action against Optus, alleging sales staff put undue pressure on customers to buy phones they couldn't afford.
Brookfield wins conditional approval for $10B Neoen play
The ACCC will clear asset manager Brookfield's $10 billion acquisition of French renewables giant Neoen on the condition that it shed Neoen's Victorian assets and projects.
ASIC sues Oak Capital for alleged Credit Code dodge on $37M in loans
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.