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Sequoia Financial Group subsidiary Interprac is pursuing a victim of the Shield and First Guardian investment funds failure as part of litigation against the financial complaints watchdog.
ASIC says payday lenders Cigno, BSF and their directors should pay $150 million in penalties, arguing a judge should not have found they were entitled to a reduced $7 million in penalties because they had relied on legal advice from Piper Alderman.
The Full Federal Court has dismissed an appeal in a class action over the government’s 2011 live exports ban, which will have consequences for the damages that can be awarded to cattle exporters.
A class action against United Petroleum by franchisees alleging they were forced to run loss-making Pie Face stores has found two funders to bankroll the case, one of which is based in Hong Kong.
Former CFMEU Victorian secretary John Setka has reached an agreement with the Fair Work Ombudsman in proceedings alleging he tried to coerce the AFL to sack an umpire over his previous role at the Australian Building and Construction Commission.
A judge has found Coles engaged in misleading and deceptive conduct when advertising products with a 'Down Down' discount, in a win for the consumer regulator and a class action.
The High Court will hear the appeal of a failed class action over the planned demolition of inner-city public housing towers in Melbourne, which will involve consideration of the right to remain in settled social communities.
Maurice Blackburn wants a 35 per cent cut of any settlement in a class action against the operator of sports betting sites Ladbrokes and Neds -- 2 per cent higher than a group costs order in a similar case against Sportsbet -- telling the court there was likely to be a "smaller pie".
A WA insurance broker has brought a $3 million case against insurance broking network Steadfast Group as well as insurers QBE and Allianz, alleging they engaged in anti-competitive conduct in the market for insurance broking services in Australia.
The former CEO of the Australian Film Institute, who alleges he was ousted through a sham redundancy, has dropped his bid for reinstatement.