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A judge has declined to quash the indictment in a high-profile criminal case over a $2.5 billion ANZ share placement but sent prosecutors back to the drawing board to remedy its defects, calling the state of affairs "a complete shemozzle".
The criminal case brought by Victoria's new employment watchdog against the NAB should take precedence over the bank's case, which challenges the Wage Inspectorate's interpretation of the Fair Work Act and has now dragged NSW into the fray, a court has heard.
A judge has given the green light to amended pleadings in a class action accusing major banks of entering a cartel agreement to rig foreign exchange rates, bringing a two-year fight over the pleadings closer to resolution.
Legislation capping litigation funder returns in class actions to 30 per cent and requiring group members to sign up to funding schemes has been introduced to federal parliament despite widespread criticism.
Payments provider Tyro has been hit with a class action over a days-long terminal outage that left many businesses unable to accept payments.
The Australian Competition and Consumer Commission is seeking a $90 million penalty against Trivago for the “startlingly misleading” ranking system used on its travel price comparison website.
A challenge to the ACCC's approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.
Independent Australian law firm Hall & Wilcox has nabbed “high calibre” employment lawyers from Corrs Chambers Westgarth and King & Wood Mallesons as it seeks to expand its presence in Western Australia.
Five enforcement officers of the Australian Competition and Consumer Commission will be cross-examined by lawyers for banks facing price fixing charges over their conduct following ANZ's $2.5 billion capital raising six years ago.
A former financial planner found to have engaged in a data breach at National Australia Bank will have her adverse action lawsuit against the bank partially reheard after an appeals court found the judge who tossed the case failed to properly consider why she was fired.