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Vanguard hit with penalty for misleading investors about ‘ethical’ fund
Vanguard Investments has coughed up almost $40,000 for allegedly misleading investors about funds that purportedly did not invest in companies that sell or manufacture tobacco.
Corelogic again seeks to block copyright case over data scraping
Property data analytics firm CoreLogic is taking aim again at a lawsuit accusing it of unauthorised scraping of confidential information from building information provider BCI Media’s copyright-protected leads platform, months after a judge found the case was “defective and deficient".
Santos loses appeal over $4.7B Barossa offshore drilling project
Santos has lost its challenge to a judge's decision to revoke approval for its $4.7 billion offshore gas project because Tiwi Islanders were not properly consulted about the project.
A2 Milk class action can pursue NZ claims
A shareholder class action against a2 Milk has won its bid to include claims under New Zealand law over the dairy company's disclosures to the New Zealand stock exchange.
Judge laments ‘extremely slow’ COVID-19 hotel quarantine class action
A judge has pulled up legal teams in a class action against the state of Victoria on behalf of businesses that allegedly suffered loss from the 2020 hotel quarantine debacle, saying progress in the case has been “extremely slow”.
Crikey planned media blitz over Murdoch feud to up subscriptions, court told
News outlet Crikey has handed over internal documents showing its plans to mount a marketing campaign portraying itself as the victim in a “David and Goliath” battle with Fox News CEO Lachlan Murdoch over an allegedly defamatory article about the January 6 attack on the US Capitol, a court has heard.
ACCC flags ‘significant concerns’ with Cochlear’s $170M acquisition of Oticon Medical
The competition regulator has detailed "significant" concerns with Cochlear’s proposed acquisition of Oticon Medical, saying Thursday a tie-up would cut to three the number of cochlear implant suppliers in Australia.
Funder’s commission cut by 33% in ‘lower risk’ employment class action
A judge has cut a funder's commission by 33 per cent after approving a $20 million settlement in a sham contracting class action against telco contractor BSA Limited, finding that funders should receive “significantly lower” payouts in employment cases.
Law firm launches action against Medibank as raw data released
Medibank faces a representative proceeding over last month's data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.
Judge slashes law firm’s uplift in Box Hill Institute class action
A judge has approved a $33 million settlement in a class action against vocational education provider Box Hill Institute, but taken the ax to a law firm's proposed 18.25 per cent loading on its fees, saying courts shouldn't approve uplifts for run of the mill legal work.