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Deciding an issue that might take a class action against Ford to the High Court for a second time, a judge has found that used car owners can sue under the same consumer guarantee as someone who bought a new car.
The state of Victoria wants $24 million in security for costs from the applicant in a class action over its COVID-19 hotel quarantine fiasco, citing concerns about recovering costs from the US-based Quinn Emanuel entity that's funding the case.
A judge has ordered trustee United Super to pay $23.5 million after admitting it was liable for excessive delays in processing $20 million in death and disability claims.
The trustee for super fund Cbus has agreed to pay a $23.5 penalty after admitting liability in the corporate regulator's case over excessive delays in processing $20 million in death and disability claims.
A judge has taken ASIC to task for pleading its remitter case against Mayfair 101 Group director James Mawhinney in minute detail, but has rejected arguments the regulator ran the proceeding in an “oppressive and unmeritorious” way.
A judge has signed off on a $13.5 million penalty agreed to by retailer The Good Guys for making misleading statements about store credit and StoreCash schemes to customers.
A judge has hit Mayfair Group director James Mawhinney with 15-year injunctions, after finding he took a "cavalier attitude to compliance" in marketing notes tied to Mission Beach properties in Queensland.
A judge has hit coal producer TerraCom with a $7.5 million penalty in ASIC proceedings alleging it made misleading statements to the market that damaged a whistleblower's reputation.
The corporate regulator should not be immune from the risk of special costs for actions doomed to fail, says a judge who flayed ASIC last month for bringing a case against TerraCom directors it should have known was a dud.
Former director of fintech iSignthis, John Karantzis, plans to appeal a ruling that slapped him with a $1 million penalty and disqualification orders for allegedly providing misleading information to shareholders.