High-ranking bank officials, including the former CEOs of Citigroup and Deutsche Bank in Australia, are among the executives charged over a cartel involving a $2.5 billion ANZ institutional share placement.
The fate of class actions against Volkswagen in the sprawling Australian case over the car maker’s diesel emissions cheating scandal will be the subject of a major court battle starting Wednesday.
Weight loss centre Jenny Craig has been ordered to pay a penalty for misleading television ads that promised people could lose up to 10 kilos for a $10 free.
Leading fundraising company Appco Australia Group is challenging a judge’s decision to let a $85 million wage case move forward as a class action.
The High Court has rejected a bid by biopharmaceutical company Samsung Bioepis Australia to challenge a ruling granting Pfizer preliminary discovery for a potential patent infringement case over autoimmune drug Enbrel.
Law firm Squire Patton Boggs is appealing a ruling that permanently stayed its case against technology startup GetSwift in favour of a competing class action.
In the wake of a major ruling approving a wage class action against fundraiser Appco, more “sham” contracting suits were launched Monday, this time against two international direct marketing companies.
Unlockd’s case against Google is the first action in Australia to test a revamped law prohibiting misuse of market power, and one of the first private cases in the world to challenge Google’s dominance in court. For both sides, the stakes couldn’t be higher.
ANZ, Deustche Bank and Citigroup will be hit with criminal charges over an alleged cartel involving the institutional equity placement of ANZ shares that raised $2.5 billion in capital.
Class action lawyers should be able to enter into contingency fee arrangements, the Australian Law Reform Commission said Thursday as part of proposals to reform the country’s much maligned class action regime.