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Three-way contest looms to run class action against IG Markets over CFDs
Class Actions 2023-08-15 11:16 am By Cindy Cameronne

IG Markets has been hit with a second class action for offering “highly risky and unsuitable financial products” to retail investors, with a third competing proceeding in the works.

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Blue Sky director points finger at EY in shareholder class action
Class Actions 2023-08-15 10:55 pm By Cindy Cameronne

A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by misstating its assets under management. 

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William Roberts snags Omni Bridgeway APAC head to grow litigation team
Business of Law 2023-08-15 11:20 pm By Cat Fredenburgh

Boutique law firm William Roberts has lured Omni Bridgeway’s former managing director for Asia Pacific to grow its litigation team.

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Dixon Advisory class action loses novel bid for docs to use in mediation
Class Actions 2023-08-14 10:46 pm By Cindy Cameronne

A judge has refused a lead applicant’s novel bid for financial information to use at settlement discussions in a group proceeding against Dixon Advisory.

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Dell cops $10M penalty for misleading customers about discounts
Competition & Consumer Protection 2023-08-14 1:10 pm By Christine Caulfield

Dell Australia has been ordered to pay a $10 million penalty for making false and misleading representations about the discount prices of add-on computer monitors.

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Telstra, TPG give up fight over $1.8B network sharing deal
Competition & Consumer Protection 2023-08-14 2:47 pm By Christine Caulfield

Telstra and TPG will not challenge a decision by the Australian Competition Tribunal to uphold the ACCC’s rejection of their proposed regional network sharing agreement.

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Block’s point-of-sale invention not patentable, IP Australia says
Intellectual Property 2023-08-14 11:20 pm By Cat Fredenburgh

IP Australia has rejected US fintech Block’s bid to patent a method for adjusting animations to enable a large volume of point of sale applications, finding the invention was a mere scheme that did not meet the manner of manufacture test for patentability.

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In-house lawyer can’t rep WA company in proceedings against defamation lawyers
Business of Law 2023-08-14 4:15 pm By Cindy Cameronne

An in-house lawyer is barred from representing his employer in proceedings against a law firm after a judge found it breached rules in Western Australia that require corporate litigants to be represented by solicitors. 

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SkyCity sets aside $45M for AUSTRAC case
Financial Services 2023-08-14 12:53 pm By Cat Fredenburgh

SkyCity has set aside $45 million for its legal costs and a possible penalty in AUSTRAC proceedings alleging it allowed $4 billion in suspicious transactions at its casino.

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Junior doctors win first underpayments class action
Class Actions 2023-08-11 11:15 pm By Sam Matthews

Junior doctors have notched an important victory in a class action alleging Peninsula Health failed to pay overtime hours, with a judge finding the healthcare provider liable to pay for overtime that was not expressly authorised.

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