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GetSwift hit with second shareholder suit
Securities 2018-03-27 8:25 pm By Cat Fredenburgh

Corrs Chambers Westgarth has filed a shareholder class action against GetSwift alleging it provided inadequate disclosures and misled investors with its overhyped announcements about business contracts, one month after Squire Patton Boggs brought a similar suit.

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Cardtronics settles with ACCC over small business contracts
Financial Services 2018-03-27 4:07 pm By Cat Fredenburgh

ATM provider Cardtronics has agreed to change its small business contract, after the Australia’s consumer regulator found some of the terms of the contract were unfair.

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FWC rejects ACTU bid for flexible hours, oks unpaid domestic violence leave
Employment 2018-03-27 3:18 pm By Christine Caulfield

The Fair Work Commission has rejected a call by unions for family-friendly working arrangements but provisionally offered a compromise that would expand the number of employees eligible to negotiate flexible hours.

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RBS to pay $12.58 million to settle class action
Financial Services 2018-03-27 2:05 pm By Cat Fredenburgh

The Royal Bank of Scotland has agreed to pay $12.58 million to settle a consumer class action brought on behalf of purchasers of its financial products. 

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Domino’s scraps plans for new enterprise agreement
Employment 2018-03-26 8:10 pm By Christine Caulfield

Domino’s Pizza has dropped its pursuit of a new enterprise bargaining agreement and will leave employees on the fast food industry award, the company said Monday.

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High Court refuses Newcastle port appeal in access dispute
Appeals 2018-03-26 7:27 pm By Cat Fredenburgh

The High Court of Australia has rejected an appeal by the Port of Newcastle to overturn a decision that declared the shipping channel at the port and gave the Australian Competition and Consumer Commission regulatory power to settle access disputes.

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ACCC to rethink approach to penalties
Competition & Consumer Protection 2018-03-26 5:06 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission will reconsider its approach to penalties for competition law breaches, in the wake of a report that found companies faced substantially lower penalties in Australia than in countries with similar competition regimes.

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Telstra faces $10M fine for unauthorized billing charges
Telecommunications 2018-03-26 1:23 pm By Christine Caulfield

Telstra could pay as much as $10 million in penalties after admitting it misled customers by billing them for mobile phone apps they unwittingly bought.

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Franchise industry to face greater scrutiny
Competition & Consumer Protection 2018-03-23 9:37 pm By Cat Fredenburgh

Australia’s consumer regulator said Friday that protecting franchises from unfair business practices will continue to be a top priority this year, one day after the Senate voted to establish an inquiry into the franchising industry.

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Slater and Gordon looks at Tathra bushfire class action
Class Actions 2018-03-23 9:18 pm By Cat Fredenburgh

Residents and property owners whose homes were damaged or destroyed after a bushfire in Tathra, NSW — believed to have been sparked by an Essential Energy power line — are being invited to join a potential class action by Slater and Gordon.

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