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Defunct AI start-up founder jailed for nine years for duping investors
The former boss of Metigy has been sentenced to nine years behind bars after pleading guilty to misusing company funds and providing false information to investors, who pumped $40 million into the AI start-up.
Fitness support company pays penalty over NDIS claims
Fitness support company and NDIS provider WeFlex has paid a $19,800 penalty over social media ads which allegedly made misleading claims about NDIS funding. 
RSPCA Qld settles with FWO after underpaying staff $4.3M
RSPCA Queensland has entered into an enforceable undertaking with the Fair Work Ombudsman after underpaying 1,008 staff approximately $4.3 million between February 2017 and September 2023.
Judge takes HSBC to task for late settlement with corporate cop
A judge has approved a $35 million penalty against HSBC in ASIC’s novel case over the bank's scam protection failures, despite questioning whether the punishment was severe enough given how long the case took to settle.
HSBC to cop $35M fine in novel ASIC case over scam protections
HSBC has agreed to pay a $35 million penalty in ASIC proceedings after it admitted to serious failures in protecting customers from scams, but a judge is questioning whether the penalty is high enough. 
Ex-Star CEO, GC hit with $1.1M in penalties for money laundering failures
A judge has ordered the former CEO and chief legal officer of Star to pay a combined $1.1 million in penalties for failing to act on "obvious" money laundering risks, but said the fines would have been higher had ASIC not struck a "generous" settlement with other directors.
Deloitte, Pitcher Partners face negligence case by ex-Ubertas owner
A former owner of the Ubertas property development group is suing Deloitte Private and Pitcher Partners, alleging they gave her negligent advice that led to an audit and a $12 million tax bill.
Law Council defends legal privilege ahead of KPMG hearing
The Law Council says asserting legal professional privilege is not "inherently scandalous", ahead of a parliamentary hearing on KPMG's sharing ofclient information, at which law firms Allens and Ashurst are expected to stay mum.
ACCC takes Grill’d to court for alleged greenwashing
The consumer watchdog has taken fast food burger chain Grill’d to court for allegedly misleading consumers by overstating how much money would go towards planting trees as part of its Tree Day Tuesday promotion.
Novartis loses bid to remove Pharmacor’s ‘Valtresto’ trade mark
Swiss drug maker Novartis has lost its bid to have Pharmacor's Valtresto trade mark removed for non use, with an IP Australia delegate finding that an injunction in a fight over the patent for Novartis' heart drug Entresto was an obstacle to using the mark.