AUSTRAC has expanded into investigation into Star Entertainment’s compliance with anti-money laundering laws, two months after a third law firm announced a shareholder class action investigation into the casino operator on the back of damning media reports.
Snack food company Intersnack Australia has hit AIG Insurance with a lawsuit, claiming the insurer wrongly refused to cover $3 million in losses caused by an employee who allegedly gave out unauthorised discounts.
A former head of medical at Sanofi-Aventis has sued the Australian branch of the pharmaceutical giant, claiming he was unfairly dismissed in a “‘sham redundancy” and faced discrimination because of his age and disabilities.
Forum Finance director Bill Papas’ cousin has hit back at Westpac’s allegations he wrongfully received $720,000 from the alleged fraudster in violation of freezing orders made in the bank’s lawsuit, which seeks to recoup $294 million paid into an alleged fraudulent scheme.
If evidence were needed that courts are not rubber stamping class action settlements, the scrutiny of multi-million dollar agreements in 2021 is proof positive that judicial oversight of representative proceedings is robust.
Grant Thornton can’t dodge a “significant” counterclaim accusing the accounting firm of charging for “unnecessary and pointless” work in a case against a former client over $119,000 in unpaid fees.
Energy retailer CovaU has been hit with $33,300 in penalties by the Australian Competition and Consumer Commission over its alleged failure to provide consumers with a percentage price comparison for its residential electricity plans.
US-based telecommunications giant Verizon has sued a Melbourne company for allegedly violating its ‘Verizon’ trade marks by registered a business with the same name.
Accounting giant KPMG is seeking the dismissal of a lawsuit brought by a former long-serving employee over “unnecessarily aggressive, belittling and disproportionate” emails allegedly attacking his professional integrity.
Technology giant Lenovo has been accused of taking adverse action against a compliance manager who complained of workplace bullying and harassment.