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LEGAL NEWS


Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac Banking Corporation (ASX: WBC) has been ordered to pay a $2...

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Adelaide-based pharmaceutical manufacturer Mayne Pharma (ASX: MYX) ...

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Buy-now-pay-later provider Zip Co Limited (ASX: ZIP) has settled it...

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

Equity Trustees Superannuation is facing civil penalty proceedings ...

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

The Federal Court has ordered a $33.5 million penalty against Walke...

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Federal Court rules Coles misled customers with 'Down Down' discount promotions

Federal Court rules Coles misled customers with 'Down Down' discount promotions

Supermarket giant Coles Group (ASX: COL) has been found to have mad...

Fortescue ordered to pay $150m in native title compensation over Pilbara mining operations

Fortescue ordered to pay $150m in native title compensation over Pilbara mining operations

Mining giant Fortescue Ltd (ASX: FMG) has been ordered by the Feder...

Money3 hit with $1.55m penalty for responsible lending breaches on car finance loans

Money3 hit with $1.55m penalty for responsible lending breaches on car finance loans

Car finance lender Money3 Loans, a subsidiary of ASX-listed Solvar ...

James Hardie faces potential class actions on two fronts over 2025 profit downgrade

James Hardie faces potential class actions on two fronts over 2025 profit downgrade

Building materials giant James Hardie Industries (ASX: JHX) is faci...

Latitude Finance hit with $3.96 million penalty for breaching spam laws more than 2.7 million times

Latitude Finance hit with $3.96 million penalty for breaching spam laws more than 2.7 million times

The Australian Communications and Media Authority (ACMA) has impose...

Brambles faces hefty damages bill after Federal Court upholds shareholder class action claims

Brambles faces hefty damages bill after Federal Court upholds shareholder class action claims

Pallet and logistics giant Brambles Limited (ASX: BXB) is facing a ...

Electro Optic Systems hit with $4m penalty for disclosure breach as ASIC action draws to a close

Electro Optic Systems hit with $4m penalty for disclosure breach as ASIC action draws to a close

Canberra-based defence and space manufacturer Electro Optic Systems...

Non-bank lenders take up greater share of court-enforced insolvencies

Non-bank lenders take up greater share of court-enforced insolvencies

Court actions from major banks eased last year but non-bank lenders...

“They must do better”: Federal Court lifts ANZ fine to $250m

“They must do better”: Federal Court lifts ANZ fine to $250m

The Federal Court has added $10 million to ANZ’s (ASX: ANZ) r...

Macquarie Securities admits to misreporting millions of short sales

Macquarie Securities admits to misreporting millions of short sales

Macquarie Securities Australia Limited (MSAL) faces a $35 mill...

Paragon Care caught out by Infinity pharmacies receivership with $47m owed

Paragon Care caught out by Infinity pharmacies receivership with $47m owed

A major healthcare industry distributor has been caught off guard b...

Netwealth avoids penalty after agreeing to compensate super clients $101m in First Guardian losses

Netwealth avoids penalty after agreeing to compensate super clients $101m in First Guardian losses

Listed wealth manager Netwealth Group (ASX: NWL) has agreed to pay ...

ACCC takes HelloFresh, Youfoodz to court for allegedly misleading consumers over subscriptions

ACCC takes HelloFresh, Youfoodz to court for allegedly misleading consumers over subscriptions

Australia's consumer watchdog has filed legal proceedings again...

Telix Pharmaceuticals facing potential US class action over alleged disclosure failings

Telix Pharmaceuticals facing potential US class action over alleged disclosure failings

Melbourne-based Telix Pharmaceuticals’ (ASX: TLX) is facing a...

Bupa fined $35m for unconscionable conduct and misrepresentations to members

Bupa fined $35m for unconscionable conduct and misrepresentations to members

Health insurer Bupa has been fined for unconcionable conduct includ...

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