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Switzer sues ex-adviser, Walker Wayland over ‘defamatory’ email to client
Switzer Financial Group has sued a former senior adviser, claiming he sent a defamatory email to a client accusing the firm -- run by financial commentator Peter Switzer -- of lacking concern about a conflict of interest.
Court asked to find Retail Food Group class action exempt from MIS rules
A class action against franchise giant Retail Food Group wants to head off any challenge to its funding agreement with a court order that the financing arrangement is exempt from controversial regulations requiring group proceedings to be run as managed investment schemes.
Sophie Grace hits back at $15.4M lawsuit over Gallop International collapse
Compliance and legal specialist Sophie Grace has rejected allegations it was responsible for defunct forex trader Gallop International Group’s collapse after it allegedly loaned $15.4 million in investor funds to the company’s director in Hong Kong.
ExxonMobil takes $182M dispute with ATO to court
Oil company ExxonMobil has appealed decisions by the Australian Taxation Office to refuse deductions on profits from the sale of petrol from the largest oil field in Australia, claiming its taxable profits over four years should be reduced by $181.8 million.
Telstra sued over ‘sickening’ harassment by employee who stole confidential info
Telstra is liable for the “sickening” conduct of a former employee who accessed confidential contact information to launch a four-year campaign of sexual harassment against his next-door neighbours, a new lawsuit alleges.
AUSTRAC widens probe into Star Entertainment as class actions loom
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.
Djokovic to leave Australia after losing court battle over cancelled visa
Tennis star Novak Djokovic's challenge to the Immigration Minister's decision revoking his visa was unanimously dismissed Sunday, clearing the way for his removal and crushing his hopes for another Australian Open title.
Cheezels maker sues AIG over business manager’s alleged $3M fraud
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.
ACCC appeals ruling from judge who ‘gagged’ at proposed $5M Employsure penalty
The ACCC will seek a higher penalty against Employsure over misleading Google advertisements, after a judge found the consumer regulator's proposed $5 million penalty was inappropriate and instead ordered the specialist workplace relations consultancy to pay $1 million.
Bill Papas’ cousin denies Westpac claims over $720,000 payment
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.