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Judge rules for investors in class action over conman Peter Foster’s sports betting scam
Class Actions 2019-02-18 11:06 pm By Christine Caulfield

A judge has ruled for investors in a class action alleging they sank $12.3 million into a sports trading scam masterminded by convicted conman Peter […]

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ASIC appeals loss in Westpac personal advice case
Financial Services 2019-02-18 5:00 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has appealed a ruling that two Westpac units did not provide personal financial advice as part of a campaign […]

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ACCC cuts collusion claims as trial against Pacific National, Aurizon comes to an end
Competition & Consumer Protection 2019-02-15 11:45 pm By Christine Caulfield

The Australian Competition and Consumer Commission has dropped its claims of collusion against rail freight companies Pacific National and Aurizon, as the trial in its […]

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ASIC to seek harsher penalties against banks, execs
Financial Services 2019-02-15 10:25 pm By Cat Fredenburgh

ASIC will soon have more ammunition to go after corporate wrongdoers, after the Senate passed legislation that arms the regulator to seek harsher civil and criminal […]

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Maurice Blackburn faces trade mark infringement suit over Fearless Girl replica
Intellectual Property 2019-02-15 10:04 pm By Christine Caulfield

US financial services giant State Street Global Advisers has brought legal action against Maurice Blackburn Lawyers, alleging the law firm’s plan to erect a copy […]

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Cryosite offers $1M to resolve ACCC’s first ‘gun-jumping’ case
Competition & Consumer Protection 2019-02-11 9:31 pm By Christine Caulfield

Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator’s landmark case alleging it jumped the gun on a proposed merger […]

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Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
Intellectual Property 2019-02-11 6:58 pm By Miklos Bolza

Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its […]

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Geowash misled franchisees about car wash costs, court finds
Franchises 2019-02-11 4:44 pm By Cat Fredenburgh

Car wash franchisor Geowash misled franchisees about how much revenue they could expect to earn per month and acted unconscionably in its charging practices, the […]

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AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
Appeals 2019-02-08 10:54 pm By Cat Fredenburgh

AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides […]

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Court overturns $2.8M Microsoft IP judgment against computer retailer
Intellectual Property 2019-02-07 10:35 pm By Cat Fredenburgh

A Melbourne computer retailer has won its appeal of a $2.8 million damages award for allegedly violating Microsoft’s Windows 7 IP, with a judge overturning […]

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