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Active Super says ASIC penalty would fall on ‘poor old members’
Financial Services 2024-12-17 11:33 pm By Cindy Cameronne

The trustee for Active Super has argued against a $13.5 million penalty proposed by ASIC for greenwashing, saying the tax burden would impact on its members. 

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AUSTRAC accuses online betting firm Entain of money laundering failures
Gaming 2024-12-17 1:37 pm By Andy Sidler

The operator of online gambling sites Ladbrokes and Neds has been taken to court by AUSTRAC for alleged “systemic” money laundering compliance failures.

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Mobil taken to court for ‘misleading’ statements about fuel
Energy & Natural Resources 2024-12-17 11:51 pm By Julia Kanapathippillai

The ACCC alleges Mobil Oil breached consumer laws by falsely claiming it was selling a specific brand of fuel at six Far North Queensland stations.

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Construction PRO
Meriton to face more evidence of alleged $8M defects at Symphony apartments
Construction 2024-12-19 2:38 am By Christine Caulfield

The owners corporation of a Meriton apartment block in Sydney can add late evidence of alleged defects, despite a judge calling the case “an example of how proceedings in the Technology and Construction List should not be conducted”.

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Maurice Blackburn’s class action risk too high to duck security, court told
Class Actions 2024-12-16 11:27 pm By Andy Sidler

Maurice Blackburn should provide $1.77 million in security in a class action over add-on insurance because the firm faces high risks in other class actions which could affect its ability to cover an adverse costs order, a court has heard.

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ASIC suit claims HSBC failed to protect customers from scams
ASIC 2024-12-16 11:15 pm By Julia Kanapathippillai

ASIC has launched legal proceedings against HSBC, alleging the bank did not have appropriate controls to protect customers from scammers.

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Mesoblast class action settlement wins court OK
Class Actions 2024-12-16 11:17 pm By Christine Caulfield

A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.

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Ten, Lisa Wilkinson still locked in dispute over $1.8M in Lehrmann costs
Defamation 2024-12-16 11:06 pm By Cindy Cameronne

Eight months after a judge dismissed a defamation case by Bruce Lehrmann, Network Ten and journalist Lisa Wilkinson are still bickering over her $1.8 million legal bill.

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Maxim’s injunction bid against ‘uncontrolled’ licensee refused
Intellectual Property 2024-12-16 11:06 pm By Cindy Cameronne

A judge has rejected US publisher Maxim’s bid for an injunction against an Australian business it claims has been engaging in “uncontrolled use” of its intellectual property.

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Lead auditor for collapsed Greensill suspended for multiple failures
Financial Services 2024-12-16 11:13 pm By Cindy Cameronne

The lead auditor for the collapsed Greensill group, which was wound up in 2021 with claims over $1.7 billion, has been suspended until June 2026 for failing to adequately carry out his duties. 

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