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Monash IVF faces potential class action over ‘ineffective’ genetic tests
Costly add-on therapies sold by Monash IVF to thousands of women undergoing IVF -- including pre-implantation genetic testing -- are the targets of a new class action investigation.
Forge liquidators can expand insider trading case against Clough, directors
The liquidators of Forge Group have won court approval to expand their insider trading case against construction company Clough over the $187 million sale of its stake in the failed engineering and construction firm.
AUSTRAC orders Australian Military Bank to improve anti-money laundering compliance
AUSTRAC has taken enforcement action against military lender Australian Military Bank after accusing the bank of violating anti-money laundering, counter-terrorism finance laws.
YouTuber Jordan Shanks says NSW Deputy Premier threatened to sue for defamation
NSW Deputy Premier John Barilaro is allegedly threatening to sue YouTuber Jordan Shanks for defamation over videos which allegedly implied he acted corruptly and engaged in a destructive campaign to make koalas extinct.
Former QC, now judge hit with costs in negligent advice case
A former QC who is now a judge on the Victorian Supreme Court judge has been hit with costs following a ruling that he and a law firm acquired by Russell Kennedy provided negligent advice to a former client on a land purchase contract.
Judge mulling $38.4M Estia settlement hears class closure rulings ‘plainly wrong’
A judge weighing a $38.4 million settlement in a shareholder class action against aged care provider Estia Health has been told that two NSW Court of Appeal judgments barring class closure were “plainly wrong”, but in deciding whether to lock group members out of the settlement the judge says he won’t need to grapple with the landmark rulings.
Telstra fined $1.5M for dropping number porting during first COVID-19 wave
Telstra has been hit with a $1.5 million fine from the the Australian Communications and Media Authority for dropping its number porting service during the first COVID-19 wave last year, leaving 42,000 customers unable to transfer their numbers away from or to new providers.
Judge orders $75,000 penalty in ACCC’s case against Jayco
A judge has hit caravan manufacturer Jayco with a $75,000 penalty in proceedings launched by the ACCC, finding the company made a false or misleading representation to a customer about their consumer guarantee rights.
Forex CT ordered to pay $20M for unconscionable sales tactics
ASIC has won a $20 million judgment against derivative trader Forex CT for using “unfair” sales tactics and misleading clients into making trades from which the company would benefit even when they had informed their adviser they had limited financial resources.
Futura Resources unit loses appeal of R&D tax offsets over coking coal project
A unit of coal mining company Futura Resources has failed to convince the Full Federal Court to allow it to register a 2012 coking coal mine investigation conducted in Central Queensland for a research and development tax offset.