On day one of trial in ASIC’s case accusing ten Star executives of turning a blind eye to money laundering, the court heard about a blue esky bag full of cash and people hiding under blankets to avoid CCTV.
The High Court has rejected Aristocrat’s request that it rule again on the patentability of its popular Lightning Link game, after a differently comprised court was split on when computer-implemented inventions can be patented.
Consumer goods giant Clorox has agreed to a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.
British banking giant HSBC could face a new claim in ASIC proceedings alleging it failed to adequately protect customers from scams, a court has heard.
The former CFO of Star Entertainment has reached a settlement in ASIC’s case accusing ten executives of breaching their duties in relation to the casino operator’s lax money laundering compliance.
Noumi and auditor Deloitte will pay $43 million to resolve a class action alleging the company misled investors about its inventory, and the class action will make a play for a $5 million penalty agreed to in ASIC proceedings.
The corporate regulator has commenced an investigation into ASX’s one-day technical failure that prevented the settlement of trades on the CHESS system shortly before Christmas.
The competition regulator is seeking views on whether IAG’s bid to acquire a 90 per cent stake in RACQ’s insurance underwriting business for $855 million could saddle consumers with higher prices.
A court has given the consumer watchdog the OK to pursue its case against Mosaic Brands over alleged misleading delivery times, despite hearing the company will likely be liquidated.
Mastercard is staring down costs orders after telling a court it will seek to vacate an upcoming trial date in its fight with the competition regulator after technical difficulties slowed the discovery process.