Caravan giant Jayco faces enforcement action for allegedly making misleading claims about the off-road capabilities of its vehicles.
The Australian Securities and Investments Commission has launched action against Australian Unity, alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.
A judge has found Clive Palmer’s appeal of a judgment striking out his lawsuits against former ASIC chair James Shipton raises important questions about what’s required to advance a claim of misfeasance in public office and should be heard by the Full Court.
The corporate regulator has announced a two-year trial for new rules that will streamline the public offering process “to deliver more IPOs” amid a dip in floats.
The boss of defunct stockbroking firm BBY has been hit with criminal charges over the acquisition of $192 million shares in mining company Aquila Resources.
An appeals court has dismissed the corporate regulator’s “logically inconsistent” appeal against a landmark decision that found insurer Auto & General did not include an unfair term in its contracts.
Cadbury has successfully opposed a bid to register ‘Crunchiez Surprize’ as a trade mark, with a delegate finding the mark was deceptively similar to the mark for UK confectionery giant’s popular Crunchie chocolate bar.
AUSTRAC wants Star to pay a $400 million penalty for breaching anti-money laundering and counter-terrorism financing laws, while the company claims a penalty of more than $100 million would tip it into liquidation.
The ACCC is again trying to fend off a strike-out bid by Facebook owner Meta in its case over cryptocurrency ads, arguing Meta has built a system in which the misleading ads can flourish and is not an “innocent bystander”. The regulator lodged the case in March 2022, alleging it breached the Australian Consumer Law…
Westpac’s mortgage subsidiary RAMS Financial Group faces penalty proceedings by the corporate regulator after admitting to “widespread” misconduct.