Most Recent
Westpac asks High Court to hear personal advice case
Westpac has filed a special leave application with the High Court seeking further clarity on the line between personal and general advice under financial services laws, after an appeals court handed ASIC a significant win in finding the bank violated its duty to act in its customers' best interests during a superannuation rollover campaign.
Gilead says Glaxo venture’s HIV patent invalid
US biotech giant Gilead has struck back at a patent infringement lawsuit brought by a specialist HIV pharmaceutical company majority owned by GlaxoSmithKline, saying the patent at the centre of the lawsuit is invalid.
On The Run faces potential wage underpayments class action
Petrol station convenience store chain On The Run is facing a possible class action over allegations that it has underpaid employees at over 145 stores throughout South Australia.
Group members to get $100 or less under $1.5M ANZ class action settlement
A judge has given the green light to a $1.5 million settlement in a long-running class action against ANZ alleging it slapped customers with illegal fees, with group members expected to get no more than $100 and potentially walking away with "substantially less" than this.
‘Reasonable chance’ of settlement in Dick Smith class actions
There is a "reasonable chance" that two shareholder class actions against failed electronics retailer Dick Smith will settle by February of next year, group members have learned.
ISignthis sues ASX over suspension, says exchange went ‘looking for a problem’
Melbourne-based fintech company ISignthis is taking the Australian Stock Exchange to court for refusing to lift the suspension of its shares and allegedly digging for confidential information to "find a problem".
Engineer blamed for design defects in Opal Tower class action
The construction company behind Sydney's Opal Tower has filed a cross claim seeking $30 million from structural architect WSP Structures over its allegedly faulty building design.
Domino’s attacks class action, says franchisee representations were opinion not fact
Fast food giant Domino's has denied allegations that it violated consumer law with the representations it made to franchisees about the agreements its workers were covered under, saying it was only giving franchisees its opinion.
Arrium liquidators to keep up fight with shareholders over questioning of ex-director
Liquidators of collapsed steel and mining company Arrium will challenge a ruling that gave shareholders the greenlight to question a former director to mount a possible class action, and have secured a limited stay of the judgment to lodge a notice of appeal.
Clive Palmer accused of ‘moral obloquy’ in $37.4M class action by timeshare members
Clive Palmer and associated companies have been accused of unconscionable conduct and "moral obloquy" in a new $37.4 million class action by timeshare members of the billionaire's now abandoned Palmer Coolum Resort.