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Crypto provider spared penalty in ASIC case because it took advice from leading law firm
Cryptocurrency 2024-06-04 3:12 pm By Cindy Cameronne

A judge has excused cryptocurrency product provider Block Earner from paying a penalty in a case brought by ASIC, despite finding it provided a financial product without a licence, because it obtained legal advice and genuinely believed it was not breaching the law.

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Judge penalises National Gallery contractor $1.5M in ACCC bid-rigging case
Competition & Consumer Protection 2024-06-04 11:22 pm By Andy Sidler

Industrial technology company Delta Building Automation has been hit with a $1.5 million penalty after it was found liable for attempting to rig a bid for construction work on the National Gallery of Australia, a penalty five times the sum it asked the court to impose.

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Latitude defeats customer’s $1M lawsuit over data breach
Privacy & Cybersecurity 2024-06-04 11:15 pm By Cindy Cameronne

A judge has thrown out a self-represented customer’s lawsuit against non-bank lender Latitude Financial after he defaulted on court orders and refused to join tech giants DXC Technology and Crowdstrike to his case over a cyberattack that compromised 14 million customer records. 

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In first, cafe franchisor 85 Degrees hit with $1.44M penalty for franchisee’s underpayments
Employment 2024-06-04 3:35 pm By Cindy Cameronne

A judge has ordered Sydney coffee shop chain 85 Degrees to pay a $1.44 million penalty for underpayments by its franchisees, saying it cannot be seen as acceptable for franchisors to “turn a blind eye” to contraventions by franchisees. 

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Mt Arthur Coal, Chandler Macleod to face suit over 150 instances of alleged bullying
Employment 2024-06-04 11:29 pm By Sam Matthews

A judge has allowed a coal mine truck driver to bring claims as much as five years out of time against Mt Arthur Coal and Chandler Macleod over alleged bullying by a colleague, finding the delay in bringing the case was justified by a period of disability which left the worker “severely impaired in her capacity to pursue any litigation”.

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MinterEllison nabs energy and resources expert from Dentons
Energy & Natural Resources 2024-06-04 11:08 pm By Andy Sidler

MinterEllison’s Perth office has welcomed a new energy and resources expert from Dentons, fleshing out the firm’s Western Australian capabilities. 

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Medibank can’t ‘have it both ways’ with Deloitte report, class action says
Privacy & Cybersecurity 2024-06-03 11:35 pm By Cindy Cameronne

A class action has argued Medibank cannot claim legal professional privilege over three Deloitte reports after disclosing them to reassure the market and customers after a massive 2022 data breach.

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Domino’s faces threat of shareholder class action
Class Actions 2024-06-03 11:02 pm By Sam Matthews

Domino’s is facing a potential shareholder class action for allegedly misleading the market about its expected performance in Japan. 

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Judge OKs $100M Colonial class action settlement, questions ‘strange’ funding agreement
Superannuation 2024-06-03 11:11 pm By Sam Matthews

The judge overseeing a consumer class action against wealth manager Colonial First State Investments has given the green light to a $100 million settlement, but questioned a $23.1 million cut to funder Augusta under a “strange” funding agreement.

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ABC sacked radio host Antoinette Lattouf, FWC finds
Employment 2024-06-03 11:22 pm By Andy Sidler

Former radio host Antoinette Lattouf is planning to bring an unfair termination case against the broadcaster, after the Fair Work Commission found the ABC terminated her from a casual presenting role.

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