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ACCC takes aim at social media influencers
The Australian Competition and Consumer Commission has begun a sweep of social media sweep over concerns about “manipulative marketing techniques” employed by influencers.
Nine dodges defamation case over A Current Affair episode
A judge has found Nine should not face an out-of-time defamation action over an allegedly defamatory episode of A Current Affair that aired in 2019.
Downer Energy found liable for defective boiler at NSW power plant
A judge has found Downer Energy was responsible for a costly shutdown at a NSW power plant caused by a “practically unthinkable” defect.
Mesoblast looks to exclude some investors from shareholder class action
Regenerative medicine company Mesoblast has hit back at a shareholder class action over its Remestemcel-L treatment for COVID-19, saying that some group members are barred from bringing claims because of a settlement reached in a US class action.
Optus to bring fraud counterclaim in $100M TeleChoice suit
Optus has won more time to bring a counterclaim in a $100 million lawsuit by mobile retailer TeleChoice alleging it was misled when the telecommunications giant claimed it would earn the same revenue as in an agreement that was being negotiated with Telstra.
Financial planner pleads guilty to dishonesty on eve of criminal trial
Melbourne stockbroker Bradley Grimm has pleaded guilty to charges of dishonesty following an investigation alleging Grimm -- whose wife is a former ASIC employee -- fleeced funds from clients.
Carwoola bushfire class action claims exempt under insurance policy: appeals court
An appeals court has upheld a finding that an unsuccessful class action over the Carwoola bushfire was not entitled to recovery from the insurers of the plumbing company that sparked the blaze.
Sleeping Virgin flight attendant’s dismissal not unfair, FWC finds
A full bench of the Fair Work Commission has overturned a ruling that a Virgin Australia flight attendant was unfairly sacked, finding she breached the airline’s policies by sleeping on the job and stashing snacks in her crew bag.
Companies hit with $150,000 penalty for failing to cooperate with AFCA
Two home finance companies and their father-son directors have been hit with $150,000 in penalties after a judge found they failed to cooperate with the Australian Financial Complaints Authority in an ASIC enforcement action and subjected AFCA staff to “inappropriate and unprofessional behaviour.”
Thomson Geer snags Finlaysons partner for banking practice
Thomson Geer has lured a long-standing partner from Adelaide firm Finlaysons to lead its banking and finance team after its former banking head partner decided to end his 40-year stint with the firm.