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GLAD trash bags maker taken to court by ACCC for ‘50% ocean plastic’ claims
Clorox has been taken to court for alleged greenwashing, with the ACCC claiming the consumer goods giant misled customers into believing that a line of its GLAD trash bags were sourced from plastic recycled from the ocean.
Surgeons to pay $25M to settle breast implants class action
A group of surgeons who worked for The Cosmetic Institute are set to pay $25 million to settle a class action brought on behalf of 13,500 patients who claim they were injured by botched breast augmentation surgery.
Court blesses Halifax liquidators’ settlement with King & Wood Mallesons
The liquidators for Halifax Investment Services were justified in reaching a compromise settlement in proceedings against King & Wood Mallesons alleging the firm and former auditor Bentleys failed to advise the defunct stockbroker that it had to hold client funds used to trade on its online platform on trust, a judge has found.
ASIC wins case against payday lender Sunshine Loans over ‘wrongheaded’ fees
In a win for the Australian Securities and Investments Commission, a judge has found that payday lender Sunshine Loans charged thousands of customers prohibited fees, issuing a scathing judgment condemning the company’s “wrongheaded” conduct.
Invisalign wins appeal against penniless SmileDirectClub over teeth straightener claims
Dental aligner maker Invisalign has won an appeal of a decision rejecting its case accusing SmileDirectClub of misleading consumers, but the appeals court noted that the prospect of a new trial was “remote” after its competitor went under.
‘Disappointing’: Lawyers bemoan loss of right to challenge ACCC merger decisions in court
Competition law experts have raised doubts about changes to Australia’s merger review regime announced Wednesday, calling the reforms a mixed bag for businesses and the reduced role of the Federal Court "disappointing".
ACCC’s powers to review mergers to get boost under planned reforms
Treasurer Jim Chalmers is expected to announce changes to Australia's merger review regime on Wednesday that will require companies to notify the Australian Competition and Consumer Commission of deals above a certain threshold.
Company run by lawyer and wealth guru Dominique Grubisa made misleading statements: court
In a win for the Australian Competition and Consumer Commission, a court has found Dominique Grubisa's DG Institute made misleading statements to students who paid up to $9,000 to enrol in her property investment and wealth management programs.
No more ‘unadulterated waffle’ please: Court has gone awry with unconscionable conduct, judge says
A judge who tossed a $650 million lawsuit by dealers against Mercedes-Benz has said he rejected a "value-laden" take by other judges on what amounts to unconscionable conduct, avoiding what he mockingly described as "putatively profound" propositions "dollied up in prettified prose".
Aristocrat says virtual currency a roadblock for gaming app class action
Aristocrat Leisure has hit back at a consumer class action filed over allegedly illegal ‘social casino’ apps, saying the class action will have to grapple with the fact that the games are played with 'virtual currency' that can’t be cashed in.