A former high-ranking Deutsche Bank executive charged with involvement in an alleged cartel agreement relating to a $2.5 billion ANZ share placement claims he was dragged into the case becaused of the “incredibly slapdash” methods of the ACCC.
National law firm Sparke Helmore has denied allegations in a $1 million negligence lawsuit that it failed to properly advise a Shoal Bay property developer over the sale of two units in the coastal town, saying that it failed to receive the required instructions.
The Australian Competition and Consumer Commission has instituted court proceedings against a unit of French sporting goods giant Decathlon alleging it flouted product safety standards over a three-year period.
An appeals court has sided with James Cook University in its appeal of a ruling awarding $1.2 million to sacked climate skeptic professor Peter Ridd, saying the academic’s right to express unpopular views was “necessarily constrained”.
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.
The Federal Government will not challenge a ruling in a class action brought on behalf of live exporters which found a total ban on live cattle exports to Indonesia in 2011 was “capricious and unreasonable”.
A law student represented by a former Federal Court judge has launched historic litigation seeking to hold the Australian government responsible for failing to disclose the impact of climate change on investors in sovereign bonds.
ANZ Banking Group has slammed a decision by the ACCC to escalate concerns that one of its key cartel witnesses was not being “full and frank”, claiming this was a way to put pressure on the witness and bring his evidence into line.
Federal police have charged 12 members of an alleged sophisticated criminal syndicate, including construction industry figure George Alex, which authorities say enlisted the help of financial industry experts and former bankers to pull off a $17 million fraud.
Commonwealth Bank’s wealth management unit Colonial First State has admitted misleading conduct in certain calls to superannuation members, but has otherwise denied claims by the corporate watchdog that it misled over 12,000 fund members during the transition to MySuper accounts.
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