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The Australian Competition and Consumer Commission is reportedly seeking a $10 million fine against H.J. Heinz after a Federal Court found it made misleading claims about the health benefits of its Little Kids Shredz products.
The final day of trial in the ACCC's case over muscle gel Voltaren wrapped up Wednesday with a barrister for GlaxoSmithKline slamming as 'onerous' a compliance regime proposed by the consumer watchdog and blasting an injunction as unnecessary for a problem the pharmaceutical giant 'inherited' from Novartis.
Law firm Squire Patton Boggs is again on the losing end of a ruling by the judge presiding over a shareholder class action against GetSwift, a case now better known for infighting among lawyers than for the allegations levelled against the tech startup.
A judge has hit property manager Meriton with a $3 million penalty after finding the company misled consumers by manipulating negative TripAdvisor reviews, but the fine was well below the $20 million sought by the consumer watchdog.
Lawyers for two competing class actions against the Commonwealth Bank of Australia over breaches of anti-money laundering laws say the cases can happily co-exist, but whether the court will agree may well depend on the outcome of a closely-watched appeal in a separate battle over multiple proceedings.
US tyre company Goodyear wants to challenge a ruling in a long-running dispute with UK-based rival Dunlop over coveted trade marks for 'Dunlop' and 'Flying D'.
A judge on Friday will hear arguments in a bid by BHP Billiton to halt a class action over the mining giant's Brazilian mine disaster, a sweeping case filed on behalf of investors who held the company's shares in Australia, the UK or South Africa.
The litigation funder underwriting a class action against Myer will have to fork over another $950,000 in security ahead of what will be a rare shareholder trial starting next Wednesday, a court has ruled.
The first day of a liability hearing in a consumer case over GlaxoSmithKline's marketing for its popular Voltaren products has seen an ACCC witness deflect accusations the regulator was vague about its misleading packaging concerns, placing the blame squarely on the pharmaceutical giant.
A judge has denied ASIC's bid to appoint an interim receiver to preserve the assets of three financial services companies that advised clients to invest in complex derivatives, which ASIC is seeking to have wound up for alleged violations of the Corporations Act.