Super Retail Group CEO Anthony Heraghty has been fired for inadequate disclosures about his affair with former HR head Jane Kelly, over a year after the retailer told investors an investigation found whistleblowers allegations about the affair were unsubstantiated.
ANZ has agreed to pay $240 million in penalties to resolve four separate cases by the corporate regulator, including a record $80 million penalty for unconscionable conduct in its dealings with the federal government.
Clayton Utz has snagged a senior partner from Allens’ mergers and acquisitions team to become its head of private equity.
A judge has put off deciding what damages group members are owed in two class actions against Apple and Google after finding the tech companies engaged in anti-competitive conduct in the app marketplace.
The financial crimes regulator has trimmed its case against the operator of online gambling sites Ladbrokes and Neds, UK-based Entain, alleging “systemic failure” to comply with its anti-money laundering obligations.
The applicant in a class action by former RAMS franchisees can’t intervene in proceedings by ASIC against the defunct Westpac mortgage unit, with a judge finding the outcome of the ASIC case will not affect the class action.
A judge has approved a 33 per cent group costs order in a class action against Sportsbet, saying the relatively high rate was justified by the risks of running the “relatively novel case”, which seeks repayment of gambling losses stemming from allegedly unlawful services.
A former Peabody Energy employee who claims she was sacked after raising safety concerns has lost her bid to restrain MinterEllison from representing her former employer.
With artificial intelligence levelling the playing field, the Big 8 are facing increasing competitive pressure from large firms, which are pursuing an aggressive growth strategy and have outpaced them in demand and profitability over the last financial year, a report has found.
Westpac’s defunct mortgage unit RAMS has accused a class action by former franchisees of attempting to “hijack” civil penalty proceedings by the corporate regulator by seeking to intervene in the case.