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‘Law breaking on a grand scale:’ CBA’s money laundering failures on trial
Class Actions 2022-11-07 11:22 pm By Cindy Cameronne

The Commonwealth Bank of Australia knew about a “catastrophic” code error that caused widespread non-compliance with money laundering rules two years before it was disclosed […]

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Class action trial looms for CBA over money laundering disclosures
Class Actions 2022-11-03 11:59 pm By Cat Fredenburgh

The Commonwealth Bank of Australia faces trial Monday in one of several class actions filed against a major Australian company in recent years over allegedly […]

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iSignthis drops $464M lawsuit against ASX
Financial Services 2022-11-03 11:56 pm By Cat Fredenburgh

Fintech iSignthis has dropped a $464 million lawsuit brought against the Australian Stock Exchange three years ago over allegedly misleading conduct in relation to the […]

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Biogen, Pharmacor lay down swords in battle over MS drug patent
Intellectual Property 2022-10-31 11:01 pm By Cat Fredenburgh

Swiss pharmaceutical company Biogen and Australian generic drug maker Pharmacor have dropped their claims against one another in a lawsuit over the patent for MS […]

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Uber loses fight to protect advice by lawyers sought to ‘avoid being caught’
Class Actions 2022-10-28 1:15 pm By Cindy Cameronne

Uber has lost its challenge to a decision that found many of its email exchanges with lawyers were made in furtherance of offences at the […]

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Meta wins access to info on ‘Sue Facebook’ tokens bankrolling crypto class action
Class Actions 2022-10-28 11:56 pm By Christine Caulfield

Digital giant Meta can access information on crypto tokens issued to fund a class action over Facebook’s ban on cryptocurrency ads, but the identities of […]

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Dixon Advisory class action scores partial win in bid for insurance info
Insurance 2022-10-27 11:16 pm By Cindy Cameronne

A class action on behalf of Dixon Advisory clients with claims allegedly worth $463 million has won orders that the collapsed wealth manager disclose its […]

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Facebook flags potential conflict of interest in cryptocurrency ad class action
Cryptocurrency 2022-10-25 2:45 pm By Sam Matthews

Facebook owner Meta wants to uncover the basis on which crypto tokens have been issued to bankroll a class action over its 2018 ban on […]

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High Court rejects Worley’s plea to weigh in on disclosure test in shareholder class actions
Class Actions 2022-10-21 11:32 pm By Christine Caulfield

In a boost to shareholder class actions, the High Court has dismissed an application by engineering services firm Worley to appeal a finding that companies […]

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ANZ close to settling class action over ‘junk’ add-on insurance
Class Actions 2022-10-14 4:06 pm By Sam Matthews

Insurer QBE has settled a class action over ANZ’s sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two […]

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