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A class action against CMC Markets has won access to data thought to reveal that approximately 2,500 customers who failed screening tests for risky financial products were nevertheless permitted to trade.
Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
The trustee for Active Super has been ordered to pay a $10.5 million penalty for misleading members about its investments in gambling, oil tar sands and Russian companies.
A judge has questioned the need for solicitors in a class action against Jaguar to be involved in discovery of internal investigations by the car maker when a technical referee is to be appointed.
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.
Construction PRO
Collapsed Melbourne developer Steller has failed to convince a court that its founders and two former directors owe $101.9 million, with a judge rejecting claims that they personally guaranteed the company’s debt.
Law firms running competing class actions against Coles and Woolworths over alleged illusory discounts have agreed to join forces, but a judge has warned he will not simply “rubber stamp” the arrangement.
Four directors of coal producer TerraCom have flagged they will not show their hand in the corporate regulator's first-ever case alleging breaches of whistleblower protections.
A second law firm has lodged class actions against Coles and Woolworths on the back of the consumer regulator's claims that the supermarket giants' discount campaigns were misleading.
Consumer goods giant Clorox has agreed to a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.