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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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AMP settles insurance advice class action for $29m

AMP settles insurance advice class action for $29m

A class action brought by former clients of AMP (ASX: AMP) over its...

Diversa Trustees faces ASIC’s wrath over First Guardian as court cases mount to chase lost super

Diversa Trustees faces ASIC’s wrath over First Guardian as court cases mount to chase lost super

One of Australia’s largest super fund licensees, Diversa Trus...

EPX aims to rescue climate-tech company Wattwatchers from administration

EPX aims to rescue climate-tech company Wattwatchers from administration

EPX Limited (ASX: EPXDA), a Sydney-based company formerly known as ...

Google hit with $55m penalty over Telstra and Optus search engine deals on mobiles

Google hit with $55m penalty over Telstra and Optus search engine deals on mobiles

Global tech giant Google has been hit with $55 million in penalties...

Electro Optics Systems faces $4m penalty as ASIC targets former CEO for alleged disclosure breaches

Electro Optics Systems faces $4m penalty as ASIC targets former CEO for alleged disclosure breaches

After reaching a $4 million settlement with defence and space techn...

‘We have the reserves’: Cbus hit with $23.5m court penalty for failures in death and injury claims

‘We have the reserves’: Cbus hit with $23.5m court penalty for failures in death and injury claims

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

“Critical step”: Bally’s $300m rescue package greenlit by NSW and QLD regulators

“Critical step”: Bally’s $300m rescue package greenlit by NSW and QLD regulators

Regulators in NSW and Queensland have given US casino giant Bally&r...

Court approves $8.7m payout to patients of recalled hip, shoulder and knee implants by Exactech

Court approves $8.7m payout to patients of recalled hip, shoulder and knee implants by Exactech

The Federal Court has approved an $8.7 million settlement by Exacte...

ASIC targets SQM Research among three civil actions filed over Shield and First Gurdian collapse

ASIC targets SQM Research among three civil actions filed over Shield and First Gurdian collapse

The corporate watchdog has ramped up its legal action in the wake o...

Microsoft apologises and offers refunds for 2.7m Copilot subscribers following ACCC court action

Microsoft apologises and offers refunds for 2.7m Copilot subscribers following ACCC court action

In a “mea culpa” email sent to Australian subscribers t...

Former CEO of collapsed tech startup Metigy pleads guilty to misleading investors in capital raises

Former CEO of collapsed tech startup Metigy pleads guilty to misleading investors in capital raises

Former Metigy CEO and co-founder David Fairfull has pleaded gu...

Steadfast CEO Robert Kelly steps aside over ‘workplace complaint’, shares fall 10pc

Steadfast CEO Robert Kelly steps aside over ‘workplace complaint’, shares fall 10pc

Shares in insurance broker giant Steadfast Group (ASX: SDF) have dr...

Microsoft accused of misleading 2.7 million customers to pay more for Copilot with 365 plan renewals

Microsoft accused of misleading 2.7 million customers to pay more for Copilot with 365 plan renewals

Microsoft Australia is accused of misleading 2.7 million customers ...

Beyond Qantas’ data leak, Australian finance companies are also at risk of offshore hacks

Beyond Qantas’ data leak, Australian finance companies are also at risk of offshore hacks

Australians are once again being warned to tighten their online sec...

AI-powered legal tech platform Nexl raises $35m in Series B

AI-powered legal tech platform Nexl raises $35m in Series B

Aiming to transform how law firms manage growth and client relation...

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