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Despite assurances, wealth manager Insignia Financial did not engage PricewaterhouseCoopers to review the performance of its 'Buy Model" investment portfolio after an equities analyst complained it had been overstated, a court overseeing a shareholder class action trial has been told.
Dental aligner maker Invisalign has appealed its loss in suit accusing competitor SmileDirectClub of misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits.
Dental aligner maker Invisalign has lost its case accusing competitor SmileDirectClub of misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits
A judge has declined a bid by former United Petroleum franchisees to stay two Federal Court proceedings in light of a class action against the petrol giant over the introduction of loss-making Pie Face stores, finding the suits have little in common.
Stock broker Fortrend Securities has secured an order prohibiting two former advisors from contacting their old clients while they litigate a dispute alleging the advisors conspired with Shaw & Partners to poach customers.
The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it doesn't meet the new 'serious harm' threshold for defamation matters.
Stock broker Fortrend Securities has filed a suit alleging wealth manager Shaw & Partners sent unsolicited welcome letters to clients as part of a scheme involving two former advisors.
The principal of a law firm running a class action against retirement home provider Aveo Group has agreed not to drop in on residents without giving the company notice.
Titan DMS, which provides software to car dealers across Australia, has expanded cross claims in a legal dispute with leading competitor Pentana Solutions, alleging the rival engaged in misuse of market power by threatening dealers who want to switch providers.
A judge has ordered Smile Direct Club and its Australian unit to pay a $3.5 million penalty and reimburse customers for misleading them into believing they would be reimbursed by their insurers for the dental care company's costly teeth straighteners.