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Former analyst sentenced to 3 years for Big Un insider trading
A former Maple Brown Abbott analyst has been sentenced to three years after pleading guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed video company Big Un.
Merck Sharpe & Dohme sues Lupin over Januvia patent
US pharmaceutical giant Merck Sharp & Dohme has taken a unit of Indian generic manufacturer Lupin to court for allegedly threatening to infringe the patent for its multibillion-dollar diabetes drugs Januvia and Janumet.
Hungry Jack’s ‘bemused’ by McDonald’s trade mark lawsuit
Hungry Jack’s has struck back at allegations that it deliberately copied the look of McDonald's classic 'Big Mac' with its new 'Big Jack' burger, saying customers would not confuse the burgers.
CBA hit with class action over grandfathered commissions
A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.
Global agreement will boost ACCC investigations into Google, Facebook
The Australian Competition and Consumer Commission has signed an information sharing agreement with four competition regulators around the globe that will boost its current and future investigations into Google and Facebook.
Ex-BlueScope exec pleads guilty to obstructing cartel investigation
A former executive of BlueScope Steel has pleaded guilty to obstructing an Australian Competition and Consumer Commission price fixing investigation, in the first criminal charges ever brought against an individual in relation to an ACCC probe.
Thomson Geer completes fourth raid in pursuit of big firm status
Just weeks after raids on DLA Piper and Macpherson Kelley, Thomson Geer has announced its fourth acquisition of the year, poaching a specialist tech law team from Russell Kennedy, as the firm pushes forward with plans to become one of the country’s top firms.
ASIC won’t take action against Commonwealth Bank over AUSTRAC matter
The Australian Securities and Investment Commission will not take action against the Commonwealth Bank of Australia or any of its directors of officers in relation to AUSTRAC proceedings the bank agreed to settle for $700 million in 2018.
Class action crackdown spurs rush to the courthouse
Eight law firms made it to the courthouse door just under the wire last week, filing class actions on the eve of regulations that will require funders to register their class actions as managed investment schemes.
$1.9M Appco class action settlement to provide ‘limited’ recovery for charity workers
A $65 million sham contracting class action against fundraising company Appco has settled for just $1.9 million, leaving the company's allegedly underpaid army of sales staff with "limited" recoveries of between $770 and $2,320.