Telstra has reached an agreement with the consumer regulator after a court found the telco misled thousands of broadband customers about the speed of its budget internet provider, Belong.
A judge has ordered embattled Optus to pay a $100 million penalty for “appalling” contraventions, after the telco admitted staff pressured customers into buying phones they couldn’t afford.
A judge has taken ASIC to task for pleading its remitter case against Mayfair 101 Group director James Mawhinney in minute detail, but has rejected arguments the regulator ran the proceeding in an “oppressive and unmeritorious” way.
The corporate regulator has filed proceedings against RACQ, one of Queensland’s largest insurers, alleging it sent customers renewal documents with misleading comparison pricing.
Advice platform JustAnswer is accused of duping customers into signing up for expensive monthly subscriptions by advertising a $2 joining fee, and falsely holding itself out as affiliated with the Fair Work Ombudsman.
Venture capital firm EVP has added 20 parties to a lawsuit seeking to recoup its $10.4 million investment in Strongroom AI, as a judge extended freezing orders against directors of the med-tech start-up.
Four doctors named in a class action over cosmetic surgeries performed at Daniel Lanzer’s clinic in Sydney can’t dodge claims they are liable as accessories for alleged misleading social media ads.
Maurice Blackburn has proposed expanding the group definition in class actions against Hyundai and Kia over allegedly defective anti-lock braking systems after winning a carriage fight against a proceeding that included additional recalls in its group membership.
ASIC has confirmed it is investigating at least one ratings house which said Keystone’s failed Shield Master Fund was of ‘investment grade’, as the corporate watchdog seeks to claw back $480 million in investor funds.
Human resources company Employment Hero, which has accused Seek of abusing its dominance by cutting access to its platform, has rejected claims in the hiring giant’s defence of misuse of candidate data.