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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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Former Brisbane financial adviser Kristofer Ridgway faces 26 charges of dishonest conduct

Former Brisbane financial adviser Kristofer Ridgway faces 26 charges of dishonest conduct

The charges against former Brisbane-based financial adviser Kristof...

Bunnings to fight findings that facial-recognition technology breached customer privacy

Bunnings to fight findings that facial-recognition technology breached customer privacy

A facial-recognition technology trial conducted three years ago by ...

Banking industry on notice as ASIC sues NAB for failing customers seeking hardship support

Banking industry on notice as ASIC sues NAB for failing customers seeking hardship support

The corporate watchdog has put the banking industry on notice over ...

“ChatGPT with a law degree”: Sprintlaw launches voice-enabled AI lawyer for SMEs

“ChatGPT with a law degree”: Sprintlaw launches voice-enabled AI lawyer for SMEs

With a growing reputation for its legal chatbots, automated documen...

ASIC’s lawsuit against Cbus has put the big super funds on notice

ASIC’s lawsuit against Cbus has put the big super funds on notice

Does your superannuation fund also provide you with insurance? Many...

Fake discount allegations by ACCC trigger class actions against Coles and Woolworths

Fake discount allegations by ACCC trigger class actions against Coles and Woolworths

The consumer regulator’s crackdown on alleged fake discount p...

Administrator seeks Swoop Aero wind-up amidst "limited revenue" and mounting liabilities

Administrator seeks Swoop Aero wind-up amidst "limited revenue" and mounting liabilities

The trading operation of Melbourne-based drone logistics opera...

WiseTech faces new battle as shareholders lodge class action over profit downgrade five years ago

WiseTech faces new battle as shareholders lodge class action over profit downgrade five years ago

After navigating a leadership crisis last month that led to co-foun...

Industry super fund Cbus faces ASIC’s wrath over $20m in death and disability payment failures

Industry super fund Cbus faces ASIC’s wrath over $20m in death and disability payment failures

The Construction and Building Unions Superannuation Fund (Cbus) is ...

Former AlphaThorn investment manager sentenced to three years jail for falsifying records

Former AlphaThorn investment manager sentenced to three years jail for falsifying records

Brett Paul Trevillian, a former Credit Suisse metals trader and dir...

Former CEO of failed AI marketing startup Metigy charged with misleading investors

Former CEO of failed AI marketing startup Metigy charged with misleading investors

Former Metigy CEO and co-founder David Fairfull has appeared in the...

Optus pays $12m in fines for triple zero outage in 2023

Optus pays $12m in fines for triple zero outage in 2023

The failure of Optus to provide emergency call access to thousands ...

ACCC gives green light for $8.8 billion merger between Chemist Warehouse and Amcal owner Sigma

ACCC gives green light for $8.8 billion merger between Chemist Warehouse and Amcal owner Sigma

Australia's competition watchdog has set aside earlier concerns...

Judge throws out ASIC case against Dixon Advisory director Paul Ryan, rules he acted in good faith

Judge throws out ASIC case against Dixon Advisory director Paul Ryan, rules he acted in good faith

After facing the prospect of penalties and a ban on managing corpor...

Receivers appointed to NDIS property developer ALAMMC to chase up to $70m in investor funds

Receivers appointed to NDIS property developer ALAMMC to chase up to $70m in investor funds

Receivers have been appointed to Gold Coast property group ALAMMC D...

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