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Class action trial against WorleyParsons back on as new judge steps in
Class Actions March 20, 2019 12:55 pm By Miklos Bolza

Trial in a shareholder class action against engineering company WorleyParsons will be heard by a new judge in late August, six months after it was […]

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IAG hit with class action over add-on insurance
Class Actions April 11, 2019 10:58 am By Cat Fredenburgh

A unit of Insurance Australia Group is facing a class action alleging it engaged in misleading and deceptive conduct by pushing add-on insurance onto individuals […]

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Deep Investments’ case over $10M in share trading losses shut down
Financial Services January 22, 2019 1:32 pm By Miklos Bolza

An appeals court has shut down a case brought by investment adviser Deep Investments against a solicitor and six others over $10 million in alleged […]

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ASIC challenge to Westpac personal advice ruling likely
Financial Services February 7, 2019 11:16 am By Miklos Bolza

The Australian Securities and Investments Commission will likely appeal a ruling that two Westpac units did not provide personal financial advice as part of a […]

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AFT agrees to temporary injunction over new Maxigesic ads
Competition & Consumer Protection March 5, 2019 8:24 pm By Miklos Bolza

AFT Pharmaceuticals has agreed to a court order temporarily restraining it from distributing point of sale material containing updated claims that its painkiller Maxigesic is […]

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Property spruiker Rick Otton drops appeal of record $6M fine
Competition & Consumer Protection January 30, 2019 9:54 pm By Christine Caulfield

We Buy Houses’ director Rick Otton has withdrawn his appeal of a ruling that slugged him with a $6 million fine for misleading property investors, […]

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ASIC mulls appeal of Westpac ‘personal advice’ ruling
Financial Services January 4, 2019 10:31 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has not ruled out a challenge to a ruling that two Westpac subsidiaries didn’t provide personal financial advice as […]

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ACCC calls for $35M fine against Empower Institute
Competition & Consumer Protection January 29, 2019 3:46 pm By Miklos Bolza

The Australia Competition and Consumer Commission is seeking a $35 million penalty against Empower Institute after the court found the vocational trainer engaged in unconscionable […]

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Property spruiker Otton can’t use Bondi estate cash for legal bills, ACCC says
Competition & Consumer Protection December 20, 2018 8:40 pm By Miklos Bolza

The Australian Competition and Consumer Commission wants to block former We Buy Houses director Rick Otton from using the proceeds from the sale of his […]

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AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
Appeals February 8, 2019 10:54 pm By Cat Fredenburgh

AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides […]

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