Companies

The Australian Competition & Consumer Commission has retreated from its claim Samsung Electronics allegedly made false, misleading and deceptive representations when marketing the water resistant capabilities of its Galaxy smartphones without reasonable grounds.

Tech giant Apple will not be forced to hand over documents about Australian users to Epic Games ahead of argument on Apple's application to shut down the game maker's competition case, a judge has ruled, likening Epic's imprecise notice to produce to the "cheerful pastime of drift netting".

Medical device giant Boston Scientific faces a class action on behalf of women who allege they suffered debilitating injuries from the company's pelvic mesh products.

Construction company Clough Limited cannot claim over $15 million paid to employees for cancellation of their shares and options as a tax deduction, with a judge dismissing the Perth-based company’s appeal of a decision from the Commissioner of Taxation.

More than half of the $37.75 million settlement reached in a shareholder class action against aged care provider Estia Health will be left for distribution to group members if the settlement is approved at an upcoming hearing.

A partner who hit Deloitte with a $3.8 million age discrimination lawsuit says the accounting giant has been treating him as an "inactive partner" who is on the verge of retiring, including by failing to conduct a performance assessment for the 2021 financial year.

ASIC has launched court action against two Commonwealth Bank of Australia subsidiaries that have admitted multiple "systemic compliance failures", including the overcharging of more than $4.3 million in brokerage fees.

Less than four months after its establishment, litigation funder CASL has hired four investment managers from Litigation Lending Services, in a move that may dramatically shrink the rival funder.f

Pelvic mesh device maker Astora Women's Health is weighing whether to make admissions in a class action over allegedly defective products in light of a similar, high profile class action brought against Johnson & Johnson unit Ethicon over the devices.

A sacked ANZ trader who alleges he was fired after making complaints about rate-rigging at the bank has sued his former law firm for allegedly withholding documents needed to amend his case against the big four bank.