Settlement

Online flight bookings service Webjet has agreed to cop a $9 million penalty for misleading air travelers about prices and bookings, just months after the consumer cop took it to court.

Pharmaceutical giant Lundbeck has resolved its battle with Novartis unit Sandoz over top-selling drug Lexapro, a battle that has raged for years and across multiple courts.

A judge has approved a $20 million settlement in a class action against NAB, despite initial concerns about the “moral hazard” of paying fees incurred by the applicant's former lawyers to prepare “sub-optimal pleadings”.

A judge is concerned that if he approves all payouts sought by lawyers and funders from a $13.5 million settlement in a class action against a Quintis director, group members will only he left with just 18 per cent. 

A judge has imposed penalties against Star's former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.

A lawsuit alleging accounting firm Pitcher Partners was involved in race car driver Max Twigg’s misappropriation of $127 million from his family has settled for $25 million plus costs. 

Star's former managing director Greg Hawkins has reached a mid-trial settlement with the corporate regulator in its case over the casino operator’s alleged lax money laundering compliance. 

NAB has settled a suit by a former exec who alleged she was discriminated against and bullied, including having a baseball bat brandished at her.

A court has signed off on a $2.4 million settlement in a class action against Carnival over a seven-day South Pacific voyage that sailed into a Category 5 cyclone.