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Court cuts silk’s fees in Westpac class action
The former senior counsel in a settled insurance class action against Westpac has had his fees reduced by $70,000 after the Federal Court heard some of the work for which he charged was not done in the interests of group members.
Financial fraudster dodges conviction following ASIC investigation
The former director of Sydney financial planning practice Hillross Bella Vista has been conditionally released without a conviction recorded after pleading guilty to falsifying documents uncovered during an investigation by the Australian Securities and Investments Commission.
TerraCom files court action to keep PwC report from ASIC investigators
Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to "serious allegations" by a former employee over the falsification of coal quality results.
Judge wants to hear AUSTRAC class actions against CBA before he retires, literally
The judge overseeing class actions against Commonwealth Bank over its money laundering compliance failures has threatened to force the parties to go to trial by a certain date if they can't agree to "sensible" time limits to ready the case for hearing, noting he would reach retirement age in 2024.
Judge blasts ‘absurd’ terms in pelvic mesh class action settlement offer
A judge has slammed an "absurd" class action settlement offer made by pelvic mesh device maker Astora Women's Health that would require Shine Lawyers to provide the company with indemnities, saying "no rational judge" would approve it.
OAIC launches investigation into Optus data breach
The Office of the Australian Information Commissioner is investigating whether Optus breached privacy law after the telco wrongly published customers’ personal details in the White Pages in 2019.
Jailed former mayor a ‘reluctant gladiator’ in defamation case against Seven, judge says
A judge has dismissed jailed property developer Salim Mehajer’s defamation lawsuit against broadcaster Seven, saying delays in fixing significant defects in his case amounted to an abuse of process.
COVID-19 delays judgment in ACCC’s long-running case against private college Phoenix
Sydney's ongoing COVID-19 lockdown has created "logistical" difficulties delaying the release of a long awaited judgment in the ACCC's consumer law case against collapsed private college Phoenix Institute, which was accused of misleading students through the marketing of its courses.
Bristol-Myers Squibb denies claims in Merck Sharp & Dohme’s misuse of market power case
Pharmaceutical giant Bristol-Myers Squibb will fight a case brought by Merck Sharp & Dohme alleging misuse of market power over stage IV melanoma treatments, telling the Federal Court on Friday it denied its rival's claims.
Banks fork over $1.86B to repay customers for bad behaviour
Six of Australia's biggest financial services firms have paid or offered to pay a total of $1.86 billion to customers who were wrongly charged fees for no service or were given bad advice.