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‘I would like to move a Chinese person to that role’: UTS faces race discrimination lawsuit
A former University of Technology Sydney professor based in Shanghai has filed a lawsuit accusing the university of race and age discrimination, alleging his contract was not renewed after the dean of the business school said he wanted to appoint a Chinese person to his position.
Thomson Geer completes fourth raid in pursuit of big firm status
Just weeks after raids on DLA Piper and Macpherson Kelley, Thomson Geer has announced its fourth acquisition of the year, poaching a specialist tech law team from Russell Kennedy, as the firm pushes forward with plans to become one of the country’s top firms.
Court approves settlement with ANZ in 7-Eleven class actions
A judge has signed off on a settlement that releases ANZ from two class actions by 7-Eleven franchisees that alleged the bank engaged in unconscionable conduct and breached responsible lending laws by providing loans to purchase outlets of the convenience store giant.
Treasury Wines keeps up fight over law firm’s new class action
Treasury Wine Estates has challenged a ruling that Maurice Blackburn did not breach its obligations by using material from a now settled class action against it to draft new class action pleadings.
ASIC drops investigation of former AMP chair Catherine Brenner
The corporate regulator will not take former AMP chair Catherine Brenner to court after investigating her conduct as part of probes that are expected to lead to at least five cases against the wealth management firm before the end of the year.
High Court won’t hear appeal by ex-Storm Financial directors
The High Court has denied a special leave application by the former directors of defunct financial advisory Storm Financial, after the Full Federal Court upheld a ruling finding they had breached their duties to eleven vulnerable investors by providing an inappropriate, one-size-fits-all model of investment advice.
Former financial adviser gets six years in jail for $1.86M Ponzi scheme
Former financial adviser Graeme Miller has been jailed for six years after pleading guilty to misappropriating $1.865 million in client funds in what a judge described as a "cruel and deceitful betrayal".
AMP hit with class action by financial planners
AMP has been hit with a cliass action by a group of financial planners over changes to its buyer of last resort policy last year, which cut the number of authoried advisers and retreated from a promise to buy back their businesses at a price based on a set multiple.
Online gig platform fined $600,000 for misleading reviews
Online odd jobs platform Service Seeking has been fined $600,000 for falsely representing that reviews on its platform were written by customers when in fact they were written by the businesses themselves.
HWL Ebsworth’s Sydney partners still working from the office
The law firm at the centre of a coronavirus outbreak linked to its Melbourne headquarters is still expecting its Sydney partners to work from the office despite warnings from NSW premier Gladys Berejiklian that the state had reached a "critical point".