Most Recent
Tyro secures $10M settlement in restraint of trade case against Lightspeed unit
EFTPOS provider Tyro has secured a $10 million settlement in a lawsuit accusing a unit of Canadian firm Lightspeed of violating a restraint of trade clause by encouraging Tyro customers to adopt its own competing payment system.
CBA hit with record $10M penalty for underpaying 7,400 employees
Commonwealth Bank of Australia and subsidiary CommSec have been hit with $10.34 million in penalties -- the highest ever imposed in enforcement action by the workplace regulator -- after admitting it underpaid thousands of employees more than $16 million.
Paladin entities raised over $100M from investors without AFSL, lawsuit claims
The Australian Securities and Investments Commission has taken two units of Paladin Group and one of its directors to court for allegedly raising more than $100 million from 258 investors without a financial services licence.
Mazda ordered to pay $11.5M for ‘appalling’ customer service
Mazda has been ordered to pay $11.5 million after a court found the Japanese car maker engaged in "appalling" customer service and misled nine purchasers of defective vehicles about their entitlement to a refund or replacement under the Australian Consumer Law.
Arbitration clause sending shipping dispute to UK not void, High Court finds
Adani subsidiary Carmichael Rail has lost its High Court challenge seeking to have a dispute over damaged steel rails heard in Australian Federal Court rather than by an arbitrator in London.
DVA may face class action for sharing veterans’ sensitive medical data
The Department of Veterans' Affairs is facing a class action investigation for allegedly sharing the sensitive medical and personal data of 300,000 veterans and their families without authorisation.
Deductions to eat up 66% of Wellard shareholder class action settlement
Group members in a shareholder class action against livestock exporter Wellard will get 34 per cent of a $23 million settlement if the court approves deductions sought by the funder and law firm that ran the case.
Merivale settles underpayments class action
Hospitality giant Merivale has agreed to settle an underpayments class action alleging it failed to pay workers amounts owed for overtime hours worked.
HWLE wins injunction against hackers behind data breach
HWL Ebsworth has won final orders barring unknown Russian-linked hackers from disseminating confidential information stolen during an April 2023 cyberattack.
Ex-Linchpin director hit hardest in ASIC case files appeal
The former director of collapsed investment advisor Linchpin Capital hit hardest by a judgment disqualifying him and three other directors and levying a combined $390,000 in penalties has filed an appeal.