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ACCC wins temporary halt to Virtus’ acquisition of Adora
Competition & Consumer Protection 2021-10-14 7:02 pm By Cat Fredenburgh

The ACCC has won an interim injunction blocking IVF provider Virtus Health from completing its purchase of rival Adora Fertility on Friday. Federal Court Justice […]

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ASIC seeks ‘very substantial’ $12M penalty against Mayfair
Financial Services 2021-09-29 3:09 pm By Cindy Cameronne

The Australian Securities and Investments Commission says beleaguered investment group Mayfair 101 should pay a $12 million penalty after a judge found the company misled […]

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Mayfair 101’s James Mawhinney says lawyers OK’d alleged misleading conduct
Financial Services 2021-09-29 9:44 pm By Cindy Cameronne

The founder of embattled investment group Mayfair 101, James Mawhinney, has said he received legal advice on the company’s advertising of financial products that a […]

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ASIC to hand over examination transcript in Westpac insider trading case
Financial Services 2021-09-01 5:19 pm By Miklos Bolza

ASIC has agreed to provide Westpac with the transcript of a compulsory examination of one of its traders in court proceedings accusing the bank of […]

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Judge vacates Westpac insider trading trial despite ‘misgivings’
Financial Services 2021-07-26 2:46 pm By Miklos Bolza

A judge has vacated next year’s trial in ASIC’s insider trading case against Westpac despite “misgivings”, and has made orders regarding confidential evidence after the […]

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Facebook says ACCC’s data collection allegations ‘overstated’
Competition & Consumer Protection 2021-07-06 11:52 am By Miklos Bolza

Facebook has accused the Australian Competition and Consumer Commission of overstating the amount of data it collected on users through its discontinued Onavo Protect mobile […]

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Class actions against Freedom Foods, Deloitte line up for second beauty parade since High Court nod
Class Actions 2021-05-20 10:48 pm By Miklos Bolza

The stage is set for a beauty parade of two shareholder class actions against Freedom Foods and Deloitte, and the judge overseeing the cases has […]

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Telstra fined $50M for ‘beyond conscience’ exploitation of Indigenous customers
Competition & Consumer Protection 2021-05-13 10:49 pm By Cat Fredenburgh

Telstra has been fined $50 million for using unconscionable tactics to sign up more than 100 Indigenous customers with post-paid mobile plans they didn’t understand […]

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Judge orders $75,000 penalty in ACCC’s case against Jayco
Competition & Consumer Protection 2021-05-03 6:43 pm By Cindy Cameronne

A judge has hit caravan manufacturer Jayco with a $75,000 penalty in proceedings launched by the ACCC, finding the company made a false or misleading […]

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Mayfair 101’s James Mawhinney banned for 20 years for ‘reprehensible’ conduct
Financial Services 2021-04-19 10:49 am By Christine Caulfield

The founder of beleaguered investment group Mayfair 101, James Mawhinney, has been slapped with an order banning him from soliciting funds or promoting any financial […]

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