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Industrial technology company Delta Building Automation has lost its fight over a $1.5 million penalty for attempting to rig a bid for construction work on the National Gallery of Australia.
BlueScope loses appeal in ACCC’s attempted price fixing case
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An appeals court has dismissed BlueScope Steel’s challenge to a decision finding it engaged in attempted price-fixing and was on the hook for a record $57.5 million penalty.
CBA fights class actions’ bid to keep ‘truly dead’ cases alive
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Following the failure of two class actions to prove market-based loss from the Commonwealth Bank’s disclosure breaches, the bank is fighting the class actions’ bid to pursue individual ‘no transaction’ cases, saying they were “trying to keep something alive that is truly dead”.
Law firm investigates ‘loyalty tax’ class action against Suncorp
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Insurance giant Suncorp faces a class action investigation on behalf of millions of home and car insurance customers who were allegedly misled about their premiums and charged a so-called loyalty tax.
Westpac’s $130M settlement in flex commissions class action approved
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A judge has signed off on Westpac’s $130 million settlement in a class action over flexible commissions paid to car dealers, bringing to an end three cases brought by Maurice Blackburn against lenders.
Noni B owner to cop $25M penalty for delivery time promises
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Noni B owner Mosaic Brands has been hit with a $25 million penalty for breaching consumer laws by failing to delivery 740,000 packages within the time frame specified on its website.
Barrister wins bid to move costs row with Giles George after cavoodle defamation case
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A Federal Court judge has refused to recuse himself in a dispute over legal fees following a Sydney barrister’s successful defamation case against Nine but has sent the matter to the NSW Supreme Court.
ASIC cancels MWL Financial’s licence over Shield Master Fund investments
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The corporate cop has cancelled the financial services licence of MWL Financial and banned its director for 10 years for allegedly directing more than 750 clients to invest a combined $155 million into Keystone’s failed Shield Master Fund.
Celebrity surgeon appeals loss in defamation case against Nine
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Orthopaedic surgeon Dr Munjed Al Muderis has appealed his loss in a defamation case against Fairfax and its owner Nine, after a judge found media reports of unethical and profit-driven promotion of an experimental procedure were substantially true.
Class action against NSW Liberals seeks third go at pleading
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A class action on behalf of nearly 150 NSW Liberal Party members who claim party officials failed to lodge their nomination forms ahead of the 2024 local government elections is seeking leave to file a third mended statement of claim.