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Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
A former director of marketing companies linked to the failed Shield and First Guardian funds says ASIC's 14-month investigation has left him facing a travel ban and freezing orders but no substantive allegations.
Epic Games has told a judge that Apple is treating Australian competition laws with “arrogant disrespect” and urged him to order injunctions after he found the tech giant engaged in anti-competitive conduct in the app marketplace.
Mastercard considered threatening Coles with losing its discounted interchange fees to rival Woolworths if the supermarket chain re-routed customer debit and credit transactions away from the payments giant, a trial judge has heard in the ACCC's misuse of market power case.
A judge has imposed a $1.55 million penalty on car finance lender Money3 in ASIC's action alleging breaches of responsible lending obligations, criticising the regulator again for its "sprawling" case.
A judge has hit mattress retailer Emma Sleep with a $15 million penalty after it admitted to repeatedly misleading consumers about discounts, saying the ACCC's proposed $36 million was not needed to achieve deterrence.
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
A Woolworths manager has admitted he wouldn't have been content to sell Nestle's Ceralac at the advertised 'before' price of $6.50 in the absence of the product's listing on the supermarket chain's Prices Dropped program.
Ampol has offered to divest 41 sites to win ACCC approval for its $1.1 billion acquisition of EG Australia, after the regulator started a phase two review into the tie-up.
ASIC has imposed its tenth ban on an adviser for directing clients to invest their super in the Shield and First Guardian Master Funds.