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AGL Energy accused of ‘gaming’ SA electricity market
A class action against AGL Energy alleges the Big three energy supplier's adoption of "gaming" strategies in the supply of electricity in South Australia led to anomalous price spikes in the state.
Facebook agrees to $20M penalty in ACCC case over data privacy app
Facebook has agreed to pay a $20 million penalty for misleading consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private, when in fact it was being collected for commercial use.
Armaguard, Prosegur merger wins clearance from ACCC with conditions
Armaguard and rival Prosegur have secured authorisation for their proposed merger from the ACCC, which has found the likely reduction in competition in the cash transport industry was outweighed by the public benefits of the transaction.
‘It’s a disaster’: Judge questions $11M settlement in Aveo class action
A judge has questioned an $11 million settlement in a class action against retirement village provider Aveo, resolving to appoint a contradictor and a costs referee amid a dispute between the plaintiff law firm and its litigation funder, which the court heard has “grave concerns” about the costs incurred in the case.
Cruise class action wins $23M settlement from Scenic Tours the hard way
Cruise operator Scenic Tours has agreed to settle a long-running class action with travellers who were promised a “once in a lifetime cruise along the grand waterways of Europe” but were instead forced to take the bus, after almost ten years of litigation that went all the way to the High Court.
Declassing orders must be ‘all or nothing’, court told in breast implants class action
A declassing bid by nine doctors in a class action on behalf of women allegedly injured by a one-size-fits-all approach to breast implant surgeries must apply to the entire proceeding, not just the claims against them, a court has heard.
Hyundai, Kia can’t inspect vehicles at centre of class actions
A judge overseeing class actions against car makers Hyundai and Kia over alleged engine defects has dismissed the carmakers’ bid to inspect the lead applicants’ vehicles before defences are filed in the proceedings.
CBA hit with $3.55M penalty for ‘alarming’ spam breaches
Commonwealth Bank of Australia has copped a record $3.55 million penalty for breaching spam laws after it sent more than 65 million emails without an easy way for individuals to unsubscribe.
ANZ lashes rival’s ‘distorted’ arguments in final push for $4.9B Suncorp deal
ANZ has rubbished arguments from a competitor and the ACCC that its merger with Suncorp’s banking arm will reduce competition and hurt consumers, saying the watchdog had been asked to believe a “distorted and selective view” of the proposal.
Restaurant chain Fogo Brazilia, law practice face franchisee class action
Restaurant chain Fogo Brazilia is facing a class action alleging it misled franchisees about the profitability of its businesses, with business owners also making claims against an employment law practice that drafted the franchise agreements.