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Fees, commission to eat up almost half of $25M Fonterra class action settlement
Class Actions 2023-01-19 2:46 pm By Sam Matthews

Group members in a class action against Fonterra are set to reap about $13 million from a $25 million settlement reached with the dairy company, […]

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Fonterra to pay $25M to settle class action over slashed milk prices
Class Actions 2022-11-04 12:13 pm By Cindy Cameronne

Fonterra has agreed to shell out $25 million to settle a class action by dairy farmers alleging they were underpaid when Fonterra slashed milk prices […]

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No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
Privacy & Cybersecurity 2022-05-05 12:24 pm By Christine Caulfield

IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security […]

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IOOF unit settles ASIC’s cybersecurity test case
Privacy & Cybersecurity 2022-04-20 12:48 pm By Sam Matthews

IOOF unit RI Advice has agreed to settle novel proceedings brought by the Australian Securities and Investments Commission claiming it failed to protect its clients […]

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IOOF unit loses bid to strike out ASIC’s cybersecurity case
Privacy & Cybersecurity 2021-10-07 1:26 pm By Cindy Cameronne

IOOF unit RI Advice has lost its bid to strike out ASIC’s novel case claiming it failed to protect its clients against cybersecurity risks, but […]

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ASIC’s cybersecurity test case ‘completely incoherent’, IOOF unit tells judge
Privacy & Cybersecurity 2021-09-06 9:47 pm By Bianca Hrovat

An IOOF unit accused of failing to protect its clients against cybersecurity risks has slammed ASIC’s claims in the novel case, describing the regulator’s further […]

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Fonterra can’t keep company name out of class action website domain
Class Actions 2021-05-28 3:58 pm By Cat Fredenburgh

Dairy co-operative Fonterra has lost a bid to keep the company’s name out of the domain of a website to be set up for a […]

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800-page report dooms ASIC bid for early trial in cybersecurity case against IOOF unit
Privacy & Cybersecurity 2021-05-14 3:39 pm By Cindy Cameronne

A judge has denied ASIC’s request that the court hear its case against RI Advice in November, giving the IOOF unit more time to respond […]

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Fonterra warned farmers of ‘extreme’ global dairy price volatility, class action defence says
Class Actions 2021-01-21 5:35 pm By Spencer Fowler Steen

Fonterra has hit back at claims in a class action that the dairy giant misled farmers and breached its supply agreements when it slashed milk […]

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AWU fined $150,000 for inflating membership numbers
Employment 2020-08-12 3:20 pm By Christine Caulfield

A judge has slugged the Australia Workers’ Union with a $148,100 fine for artificially boosting member numbers in what he said was a “serious departure” […]

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