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In ASIC win, Full Court says Qoin issuer not exempt under authorised rep rules
Financial Services 2025-05-30 3:26 pm By Sam Matthews

ASIC has succeeded in overturning a decision that found that Qoin issuer BPS Financial came within the authorised representative exemption with respect to agreements with Australian financial services licence holder PNI.

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Fourth law firm mulls ad tech class action against Google
Class Actions 2025-05-30 1:41 pm By Cat Fredenburgh

A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.

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Judge won’t let ACCC case against Spotless, Ventia get ‘totally unwieldy’
Competition & Consumer Protection 2025-05-30 11:54 pm By Sam Matthews

The judge hearing the ACCC’s price-fixing case against Downer EDI’s Spotless and Ventia has proposed an initial hearing to determine if the companies are in competition, saying he won’t let the case become “totally unwieldy”.

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Exactech settles class action over alleged faulty implants
Settlement 2025-05-30 11:29 pm By Julia Kanapathippillai

Medical device maker Exactech has reached a settlement in a class action over alleged defective implants, following the US company’s bankruptcy.

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Melbourne law firm faces at least three suits in wake of declassing decision
Professional Negligence 2025-05-30 11:21 pm By Andy Sidler

There are at least three individual suits proceeding against Melbourne law firm Waller Legal after a class action alleging it consistently failed to bring economic loss claims on behalf of sexual abuse clients was declassed, a court has heard. 

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Nine not required to post defamation apology on homepage: court
Defamation 2025-05-30 12:15 am By Andy Sidler

A judge has found that Nine’s apology to the former owner of collapsed budget airfare company Bestjet over unsubstantiated claims made in a story about the company’s demise was sufficient to resolve their defamation dispute. 

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AUSTRAC flags organised crime risks at Queensland, NT casinos
Gaming 2025-05-30 9:43 pm By Julia Kanapathippillai

Australia’s financial crimes agency has sounded the alarm on organised crime risks at two casinos in Far North Queensland and the Northern Territory.

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Court OKs settlement with gag clause in Marsden Park development class action
Class Actions 2025-05-29 11:23 pm By Cindy Cameronne

A judge has signed off on a confidential settlement in a class action over off-the-plan homes in a proposed north-west Sydney development, including a clause that prevents group members from making any public statements about the suit or disparaging the parties. 

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Paladin Energy to face competing shareholder class actions
Class Actions 2025-05-29 11:44 pm By Cat Fredenburgh

Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

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Competition cop confirms REA Group investigation
Competition & Consumer Protection 2025-05-29 11:49 pm By Christine Caulfield

The competition watchdog confirmed Thursday it was investigating real estate listings company REA Group.

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