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ASIC confirms AMP probe, as Morrison warns of jail time
The corporate regulator has confirmed it is investigating AMP over its 'fees for no service' practice revealed at the Hayne Royal Commission in stunning testimony Treasurer Scott Morrison on Wednesday called "deeply disturbing".
RMIT whistleblower wins subpoena request
A former RMIT worker suing the university for allegedly firing him after he blew the whistle on a colleague for selling exam answers to students has won a bid to subpoena documents from the Victorian Ombudsman. 
S&P analysts take stand in class action trial
Two high ranking analysts from S&P Global have distanced themselves from the decision making process at the heart of a class action over toxic financial products given healthy ratings by the agency ahead of the global financial crisis.
Independence of Clayton Utz report questioned at Royal Commission
The independence of a report by law firm Clayton Utz to ASIC over AMP's practice of charging customers for services not performed was called into question Tuesday at the Hayne Royal Commission.
Judge won’t block ex-SAI Global exec from going to rival company
A judge has rejected a bid by information services company SAI Global Property to temporarily ban a former sales manager from working for a direct competitor, saying the executive could not have realistically remembered SAI's list of thousands of clients.
BHP wins halt of FWC’s alternative-work decision
A BHP subsidiary has won a reprieve pending appeal of a Fair Work Commission decision that found it acted unreasonably when it failed to consider alternative work for an incapacitated miner.
Lexapro maker squares off with generics in latest IP battle
The maker of the anti-depressant Lexapro faced off Monday against Apotex, Aspen Pharma and Sandoz at a court hearing over the rights to make generic versions of the top-selling product, with a barrister for Lundbeck slamming the three companies' defence that their drugs were different.
Ethicon plaintiffs win post-trial bid to expand class
The applicants in a class action against Johnson & Johnson over allegedly defective vaginal mesh products have won court approval to expand the size of the class and seek an order blocking the sale of devices that don't include a proper warning. 
Quinn Emanuel looking at class action against insurer JLT
Global insurer Jardine Lloyd Thompson could be hit with a class action over allegations that local councils across Australia paid excessive premiums for its advice.
White King maker fined $700,000 over ‘flushable’ wipes
Consumer goods maker Pental Ltd will pay $700,000 in penalties after admitting it misled customers about its 'flushable' White King toilet and bathroom cleaner wipes.