Harvey Norman says it should be fined no more than $24 million for running misleading ads, urging a court not to punish it for “intemperate” remarks its founder made in the media about the legal system.
ASIC on Thursday pushed for penalties totalling $85 million against Harvey Norman and Latitude Finance, after an appeals court found the retailer’s ads touting interest-free financing were misleading.
The Full Federal Court has tossed Latitude Finance and Harvey Norman’s appeal of a ruling that found the retailer’s ads touting ‘interest free’ payment methods were misleading.
Phoslock Environmental Technologies, which has produced hundreds of thousands of documents to federal police as part of an investigation of the company’s China operations, must hand over the bundle to a class action.
Auditor KPMG has hit back at a shareholder class action over water treatment business Phoslock’s alleged accounting irregularities, saying it should be completely relieved from paying damages since it acted honestly.
A judge has ruled that Walter Sofronoff KC can rely on a report on his inquiry into the prosecution of Bruce Lehrmann in his case challenging the ACT Integrity Commission’s findings that he engaged in corrupt conduct.
S&P has reached a settlement in a case by two Cayman Island companies over alleged defective ratings but a class action won’t settle until “hell freezes over,” a court has heard.
Walter Sofronoff KC has argued that a report into his inquiry into the prosecution of Bruce Lehrmann is not subject to parliamentary privilege merely because it was tabled in the Legislative Assembly, arguing such a finding would preclude judicial review.
The speaker of the legislative assembly of the ACT is seeking to shut down Walter Sofronoff’s legal challenge to a report which found he engaged in serious corrupt conduct in his inquiry into the prosecution of Bruce Lehrmann.
A judge has found a shareholder class action against water treatment company Phoslock and auditor KPMG should not bear the costs incurred by a competing case for preliminary discovery.