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Dominique Grubisa, Master Wealth lose challenge to $6M penalty
The Full Court has rejected wealth guru Dominique Grubisa's argument that a judge who slapped her and her company with a $6 million penalty wrongly confused the ordinary consumer with “the most ignorant”.
Johnson & Johnson hit with class action over cold and flu medications
Johnson & Johnson has been hit with a class action for allegedly pushing ineffective cold and flu medications containing phenylephrine onto customers for decades.
‘In all circumstances unconscionable’: ASIC wins case against forex broker
A judge has found that representatives for forex broker Union Standard used unfair tactics to pressure customers to invest in risky financial products and derived most of their revenue from customer losses, said to total $83 million.
ACCC shuts lawyers for cartel immunity seekers out of the room
Over objections from the Law Council, the ACCC has updated its cartel immunity policy to bar lawyers for companies seeking immunity from interviews with applicants for derivative immunity.
AGL cops a $25M penalty for overcharging welfare recipients
Energy provider AGL has been slapped with a $25 million penalty after it continued to deduct payments from around 500 welfare recipients after they had closed their accounts.
IC Markets CEO hit with guillotine orders for filing defence
A judge has set a final deadline for the CEO of International Capital Markets to file his defence in a class action over risky contracts for difference.
Swoosh accused of providing credit to financially stressed customers
ASIC has sued credit contractor Swoosh Finance for allegedly providing unsuitable loans with high fees and interest rates to customers who showed "clear signs of financial distress".
ACCC won’t give Catholic hospitals blessing to boycott private insurers
The competition regulator plans to block a group of Catholic hospital operators from collectively boycotting large private health insurers in the event funding negotiations fail.
Law firm files first class action over Google’s ad tech dominance
One law firm has beaten two others to court in pursuing Google for allegedly abusing its dominance in online advertising.
Mobil taken to court for ‘misleading’ statements about fuel
The ACCC alleges Mobil Oil breached consumer laws by falsely claiming it was selling a specific brand of fuel at six Far North Queensland stations.