Insurer QBE wants to downsize a massive class action brought against it and banking giant ANZ over the sale of allegedly worthless add on insurance.
A judge has accused the parties in a class action against ANZ over the sale of allegedly worthless insurance of “putting their pens down” and failing to advance the case until a strike out application is resolved.
ANZ has denied claims that it sold allegedly worthless insurance to group members in a class action against the banking giant, and has said the policies gave customers “peace of mind”.
Gaming giant Sony has agreed to pay a $3.5 million penalty to settle proceedings brought by the ACCC for making misleading consumer representations to purchasers of PlayStation games.
A software company is suing a subsidiary of AMP for breach of contract after the financial services firm allegedly induced 11 employees to jump ship after licensing its online advisor platform.
A settlement between the ACCC and STA Travel has resulted in a penalty of $14 million after the court found the travel agency misled consumers about their ability to change flight dates and other travel details.
The applicant in a $47.6 million class action against a unit of car leasing company McMillan Shakespeare has been denied access to insurance documents sought to determine the value of the case, with a judge saying access would “distort the playing field”.
Noting the challenge of searching for documentary evidence while employees are working from home, a judge overseeing two consumer class actions against ANZ and Westpac has directed the banks to hand over only a limited number of documents to the applicants, and given them extra time to do it.
A six-week trial scheduled for February in a criminal cartel case against mobile equipment provider Country Care Group could be vacated a second time as lawyers for the defendants seek to appeal the judge’s planned directions to a jury in the groundbreaking case.
ASIC and other government regulators bringing enforcement action in the docket of one Federal Court judge must abide by a strict new protocol to prevent a repeat of the corporate watchdog’s “wait and see” strategy in a case against ex-Murray Goulburn directors that came close, the judge said, to bringing the administration of justice into disrepute.