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IOOF dismisses ‘speculative’ shareholder class action
Wealth manager IOOF has dismissed a shareholder class action lawsuit related to allegations of misconduct aired at the Banking Royal Commission, calling it "speculative and unfounded".
RCR Tomlinson class actions will fight to stay alive
Two class actions against collapsed engineering firm RCR Tomlinson may be dismissed earlier than expected unless the Supreme Court allows them proceed against a liquidator who has said the failed company is strapped of funds.
ACCC accuses iSelect of misleading customers over cheapest energy plans
The Australian Competition and Consumer Commission has filed Federal Court proceedings against comparison website iSelect for allegedly favouring energy plans offered by preferred retail partners over other, cheaper alternatives.
Judge shoots down Mylan bid for generic Lipidil injunction
A judge has denied Mylan's bid to temporarily block Sun Pharma and Cipla from making generic versions of anti-cholesterol drug Lipidil while it appeals a ruling invalidating several claims of its patents for the drug, citing the "difficulty, complexity and uncertainty" in assessing compensation under an undertaking as to damages in pharmaceutical patent proceedings.
Deloitte can’t escape class action claims over failure of Dick Smith
Accounting giant Deloitte has failed in its bid to strike out claims made in two shareholder class actions alleging it was careless in auditing the financial statements of electronics retailer Dick Smith ahead of its collapse in 2016.
Catch Group settles dispute with Kogan over ‘catch’ AdWords
E-retail giant Catch Group has settled a lawsuit against Kogan for alleging violating its "catch" trade marks and the consumer law through sponsored links on Google driven by phrases using the word "catch".
Geoffrey Rush wins defamation case against Daily Telegraph publisher
Actor Geoffrey Rush has been awarded at least $850,000 in damages after taking Nationwide News to court alleging it defamed him by tainting him as a sexual predator, with the judge calling the publisher's conduct "improper and unjustified".
IAG hit with class action over add-on insurance
Insurance Australia Limited is facing a class action alleging it engaged in misleading and deceptive conduct by pushing worthless add-on insurance onto individuals purchasing motor vehicles through authorised dealers.
ACCC brings criminal cartel charges against money transfer business
The Australian Competition and Consumer Commission has brought criminal cartel charges against a money transfer business and five individuals for allegedly fixing the foreign exchange rate on millions of dollars transferred between Australia and Vietnam between 2011 and 2016.
Judge fines CFMMEU, official for making a stink over dirty worksite toilet
A judge has slapped fines of $33,350 against the Construction, Forestry, Maritime, Mining and Energy union and a high-ranking official who pinned a project manager against a fence in a fight over a filthy portable toilet at a construction site in Adelaide.