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Telecommunications companies Dodo and iPrimus are facing court proceedings by the Australian Competition and Consumer Commission for allegedly making false or misleading claims about the NBN broadband speeds their customers could achieve during busy evening hours.
A judge has dismissed a defensive bid by ASIC to amend its case against GetSwift mid-trial, instead calling on "common sense" to be injected into the proceeding as the hearing enters its second week.
The Government has asked the Australian Competition and Consumer Commission to actively monitor the competitiveness of the domestic air travel market, which has been severely impacted by the COVID-19 pandemic.
The Australian Broadcasting Corporation has agreed to pay 1,800 current and former casual staff $12 million in unpaid wages, following an investigation by the Fair Work Ombudsman that found some workers were paid less than minimum wage.
Norway-based shipping company Wallenius Wilhlmsen Ocean AS has pleaded guilty to one charge of criminal cartel conduct, but told a court the penalty should be discounted from the maximum by over 50 per cent.
A Marshall Islands-based binary options trader has been hit with a $1.8 million penalty after a judge found it engaged in the "deliberate deception of vulnerable people".
More law firms may soon be targeted in a lawsuit brought by defunct financial advisor Dover Financial alleging three law firms provided negligent advice concerning an inaptly titled 'client protection policy', which a judge recently found was "highly misleading" and "an exercise in Orwellian doublespeak".
A judge has warned AUSTRAC that it needs to finalise its case against Westpac over anti-money laundering breaches as the regulator readies a slew of new claims, quashing any hopes of a trial this year.
GetSwift "sat on" an announcement about a lucrative deal with US-based automotive sales and marketing firm N.A. Williams for more than three weeks, then leaked the news to the media before announcing it on the Australian Stock Exchange, ASIC has told the Federal Court on day two of a trial in the corporate regulator's case against the logistics tech company.
Investment group Mayfair 101 has denied claims by ASIC that it has engaged in misleading or deceptive advertising of its Platinum products, saying in a response to the regulator's case the products were aimed at sophisticated investors who were told of the risks.