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Competing class actions filed against Coles, Woolworth over ‘illusory’ disounts
A second law firm has lodged class actions against Coles and Woolworths on the back of the consumer regulator's claims that the supermarket giants' discount campaigns were misleading.
‘Red flags, red suitcases’: Star GC warned of unacceptable risk, court told
A former Star executive agreed to renew the casino’s relationship with a junket with organised crime links despite Star Sydney's GC warning of suspicious transactions, a court has heard. 
Former Star execs ignored ‘brazen’ money laundering risks, court told
On day one of trial in ASIC's case accusing ten Star executives of turning a blind eye to money laundering, the court heard about a blue esky bag full of cash and people hiding under blankets to avoid CCTV.
Aristocrat’s bid for High Court do-over on Lightning Link patents fails
The High Court has rejected Aristocrat's request that it rule again on the patentability of its popular Lightning Link game, after a differently comprised court was split on when computer-implemented inventions can be patented.
HSBC may face new claim in ASIC case alleging lax scam prevention
British banking giant HSBC could face a new claim in ASIC proceedings alleging it failed to adequately protect customers from scams, a court has heard.
Clorox agrees to $8.25M penalty for ‘ocean plastic’ claims
Consumer goods giant Clorox has agreed to a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
Former Star CFO reaches settlement with ASIC
The former CFO of Star Entertainment has reached a settlement in ASIC's case accusing ten executives of breaching their duties in relation to the casino operator's lax money laundering compliance.
Noumi, Deloitte to pay $43M to settle shareholder class action
Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.
ACCC launches probe into IAG’s $855M bid for RACQ’s insurance biz
The competition regulator is seeking views on whether IAG's bid to acquire a 90 per cent stake in RACQ's insurance underwriting business for $855 million could saddle consumers with higher prices.
ASIC investigating ASX over December settlement outage
The corporate regulator has commenced an investigation into ASX’s one-day technical failure that prevented the settlement of trades on the CHESS system shortly before Christmas.