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Mercedes-Benz hit with $650M lawsuit over dealer model change
German luxury car maker Mercedes-Benz has been hit with a $650 million lawsuit by Australian dealers over the company's decision to change to a fixed-price agency model.
Colonial First State ordered to pay $20M for misleading 13,000 MySuper members
The Federal Court has slugged wealth management firm Colonial First State Investments with a $20 million penalty for misleading almost 13,000 superannuation members about their MySuper entitlements through a "concerted campaign" that lasted two years.
US bank boss launches defamation case against 60 Minutes over $100M tax fraud claims
The CEO and founder of Euro Pacific Bank, Peter Schiff, has launched a defamation lawsuit against the Nine Network over a 60 Minutes episode that allegedly implied he “facilitated the theft of millions of dollars from the Australian people” by assisting customers to commit offshore tax fraud.
Christian Porter dodges committee examination of secret donations
The federal government has shot down a Labor push for the privileges committee to examine former Attorney-General Christian Porter after he refused to reveal information about an anonymous donor that covered a portion of his costs in defamation proceedings against the ABC.
Judge slams notice of ‘very light’ GetSwift class action settlement
A judge has criticised a proposed settlement notice in a shareholder class action against GetSwift for failing to inform group members of how much they would receive from the "very light" settlement, which relies heavily on the logistics firm's success after relocating out of Australia.
Son of ex-Qantas chairman takes airline to court again
The 64-year-old son of former Qantas chairman Sir Lenox Hewitt, who sued the airline for age discrimination earlier this year, has taken the company to court again alleging he's owed over $90,000 in compensation.
Settlement talks fail in Pitcher Partners, Arnold Bloch Leibler class actions
Two class actions against Pitcher Partners and Arnold Bloch Leibler over advice given ahead of Slater & Gordon's disastrous $1.2 billion Quindell acquisition will proceed to trial next month after mediation between the parties failed to resolve the cases.
Christian Porter targets former Solicitor-General’s briefs in Jo Dyer appeal
Former Attorney-General Christian Porter wants to rely on new evidence relating to former Solicitor-General Justin Gleeson SC as he appeals the removal of his high profile silk from a now settled defamation case against the ABC over its coverage of historical rape allegations.
Seven Network sues 7-Eleven in escalating trade mark feud
Seven Network is seeking to remove several trade marks and logos registered to 7-Eleven, in a lawsuit filed just three months after the convenience store won its bid to have the broadcaster’s ‘7NOW’ mark removed.
ASIC launches action against Insurance Australia over $60M in promised discounts
The Australian Securities and Investments Commission has accused the largest general insurer in Australia of short-changing its customers a staggering $60 million in promised discounts, according to action launched in the Federal Court on Friday.