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Court urged to impose $15M penalty against Telstra over NBN speed claims
Telstra has agreed to pay a $15 million penalty for misleading thousands of NBN customers about internet plan speeds, a sum which will bring the telco’s bill for consumer law violations since 2018 up to $75 million, if approved.
Optus agrees to $13.5M penalty for misleading NBN customers
Optus has agreed to pay a $13.5 million penalty for misleading thousands of NBN customers into paying for internet plan speeds that could not be achieved, the telco's third penalty in four years over misleading representations made in relation to its NBN services.
Law firm’s advice to be handed to ex-Quintis director in defamation case
A former director of sandalwood producer Quintis, who is suing the company's top brass over statements made to the corporate regulator, has won unrestricted access to legal advice the executives sought to keep a lid on.
Estate of iconic restaurateur Giovanna Toppi loses battle with landlord over $1.1M loan
A judge has ordered the estate of Giovanna Toppi to pay money owing to a landlord under a $1.1 million loan after refusing to find the iconic Sydney restaurateur was the victim of wrongdoing by her daughter, Paola.
Nuix drags PwC into shareholder class action over $1.8B IPO
Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company's defence to a class action over a prospectus for its $1.8 billion IPO two years ago.
CBA says disclosing money laundering failures would have misled the market
The Commonwealth Bank of Australia has argued that disclosing its money laundering failures before AUSTRAC brought proceedings would have misled the market, as the bank takes the rare move of defending a shareholder class action at trial.
Class action can’t get its hands on AMP, Clayton Utz emails
A judge overseeing a class action over AMP’s fees for no service practice has dismissed the applicant’s bid to access communications between AMP and law firm Clayton Utz that led up to an ostensibly independent report that allegedly went through 25 rounds of edits with the wealth manager's inhouse lawyers.
In light rail class action trial, NSW government denies it ‘sat back and did nothing’
The New South Wales government has rejected a class action's claims that it dropped the ball in relation to the identification and management of underground utilities which caused delays in Sydney’s $3 billion light rail project.
Fiat Chrysler accused of sacking GM for taking leave
The former general manager of sales for Fiat Chrysler Australia has sued the car company for allegedly terminating him for taking two periods of leave after being diagnosed with an auto-immune condition.
Liberty Financial appeals partial victory for ATO
Liberty Financial unit Minerva has challenged a judgment that found two schemes it carried out were done with the primary purpose of securing a tax advantage.