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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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Victorian man to pay $225,000 penalty for insider trading charges involving $20m Cann Group raise

Victorian man to pay $225,000 penalty for insider trading charges involving $20m Cann Group raise

A Victorian man has been sentenced to 11 months imprisonment and or...

ASIC sues Fiducian over ESG fund that invested in BHP, Rio Tinto and Woodside

ASIC sues Fiducian over ESG fund that invested in BHP, Rio Tinto and Woodside

The corporate watchdog is taking Sydney-based Fiducian Investment M...

Australian Clinical Labs agrees to $5.8m penalty over 2021 cyberattack at Medlab subsidiary

Australian Clinical Labs agrees to $5.8m penalty over 2021 cyberattack at Medlab subsidiary

Australian Clinical Labs (ASX: ACL) has agreed to pay a $5.8 millio...

Macquarie agrees to pay out super investments locked in failed Shield Master Fund

Macquarie agrees to pay out super investments locked in failed Shield Master Fund

In a major win for superannuation investors, Macquarie Group (ASX: ...

Embattled telco Optus closes chapter on legacy mobile scandal as court imposes $100m fine

Embattled telco Optus closes chapter on legacy mobile scandal as court imposes $100m fine

As telco giant Optus faces an emerging scandal involving a deadly t...

Super Retail Group settles workplace litigation after sacking CEO

Super Retail Group settles workplace litigation after sacking CEO

The retail group that owns such brands as Supercheap Auto, Macpac, ...

Melbourne man’s sentence for insider trading suspended after forfeiting $65,000 windfall

Melbourne man’s sentence for insider trading suspended after forfeiting $65,000 windfall

A Melbourne man who used insider knowledge to score a $65,000 windf...

Harvey Norman facing class action after adverse court ruling on interest free promotions

Harvey Norman facing class action after adverse court ruling on interest free promotions

Almost a year after the Federal Court found that Harvey Norman (ASX...

BHP paying $110m to settle shareholder class action over Brazil dam disaster

BHP paying $110m to settle shareholder class action over Brazil dam disaster

Australian mining giant BHP Group (ASX: BHP) has agreed to a $110 m...

The Good Guys fined $13.5m for misleading 21,500 customers over store credits

The Good Guys fined $13.5m for misleading 21,500 customers over store credits

National electrical goods retailer The Good Guys has been fined $13...

Equity Trustees to defend itself in landmark superannuation case over Shield Master Fund collapse

Equity Trustees to defend itself in landmark superannuation case over Shield Master Fund collapse

As the corporate watchdog looks to take superannuation trustees to ...

ACCC takes produce suppliers to court over alleged cartel activity in supplying ALDI

ACCC takes produce suppliers to court over alleged cartel activity in supplying ALDI

The competition authority has raised the spectre of alleged cartel ...

ASIC turns up heat on financial adviser alleging $37m windfall from failed Guardian and Shield funds

ASIC turns up heat on financial adviser alleging $37m windfall from failed Guardian and Shield funds

The Australian corporate and investments regulator has turned up th...

Owner of Katies, Noni B and W. Lane fined $25 million for breaching consumer law

Owner of Katies, Noni B and W. Lane fined $25 million for breaching consumer law

A court case that began 16 months before defunct fashion retailer M...

Coal miner TerraCom ordered to pay $8.5m to settle ASIC's whistleblower action

Coal miner TerraCom ordered to pay $8.5m to settle ASIC's whistleblower action

Brisbane-based thermal coal producer TerraCom (ASX: TER) has been h...

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