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Westpac slams ‘disorderly’ shareholder class action over AUSTRAC disclosures
Westpac has criticized the lead applicant in a class action filed in the wake of AUSTRAC proceedings for the "disorderly" conduct of the lagging proceedings, with discovery yet to be finalized as the case nears its third anniversary.
High Court to hear Meta’s challenge to Cambridge Analytica case
The High Court will take up Meta's challenge to the privacy commissioner's case over the Cambridge Analytica data breach, giving the court the chance to rule on the jurisdictional reach of Australian regulators in their pursuit of US tech giants.
Class action numbers hit four-year low, but securities cases rise: report
The past financial year saw 54 class actions filed in Australia -- the lowest number since 2017/2018, a new report shows.
Noni B owner pays up over ‘ACCC approved’ products
Noni B owner Mosaic Brands has paid $266,400 in fines after allegedly misleading customers about selling “FDA approved” face masks and “ACCC approved” hot water bottles.
Judge won’t bar Mineralogy from relitigating dropped claims against CITIC
Mineralogy has secured unconditional court approval to drop one of the "battle fronts" in its war with CITIC units Sino Iron and Korean Steel, with a judge refusing to impose a "price" on the discontinuance in the form of an undertaking not to revive the claims.
Account manager accuses Cisco of sexual harassment, discrimination
IT company Cisco has been hit with a suit by an account manager who alleges she faced sexual harassment and discrimination at the hands of a veteran employee whose behaviour was “well known” to senior management.
‘Most regrettable’: Mawhinney’s incompetence claims against lawyers don’t come close, judges say
Despite scoring a win Thursday in his appeals court battle with ASIC, Mayfair 101's James Mawhinney was criticized for his "spurious" claims against solicitors and counsel acting for him.
Mayfair’s James Mawhinney wins reversal of 20-year ban
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has won an appeal against a decision that saw him banned from soliciting funds or promoting any financial product for 20 years.
Fonterra victory over vegan dairy patent challenged in court
Animal-free dairy and protein company Perfect Day is trying again to patent a composition that it says makes superior vegan cheese and butter, after New Zealand dairy company Fonterra succeeded in opposing its bid to patent the invention.
‘Don’t be so sensitive’: ISG partner says she was bullied, harassed by male colleagues
The only female partner at global technology research firm Information Services Group has sued her employer for alleged sex discrimination and harassment, saying the company is a “hostile environment” for senior women employees.