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A judge has signed off on a $32.4 million settlement in a shareholder class action against engineering services firm CIMIC, including a hefty legal bill for the firm that brought the case.
Qantas sued for denying sick leave to stood-down workers
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Qantas breached the Fair Work Act by failing to pay personal carers leave and compassionate leave to employees stood down in response to the coronavirus pandemic, including one battling cancer and another awaiting triple bypass surgery, a court has heard.
Law firm hits Uber with another class action after court loss
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A plaintiffs law firm has fired off another class action against Uber after losing a bid to amend the group definition in a class action brought against the ride-sharing giant last year.
Privacy group urges ACCC to block Google, Fitbit merger
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Allowing Google’s planned $3 billion acquisition of fitness device company Fitbit to go through would give the search giant “unprecedented” access to sensitive personal data and would substantially lessen competition in several markets, a privacy rights group has told the Australian Competition and Consumer Commission.
Profits a big motivator for big four banks in refusing to pass on interest rate cuts, ACCC says
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The Big Four banks were trying to shore up their profits when they refused to pass on home loan interest rate cuts to consumers in full last year, an interim report of an Australian Competition and Consumer Commission inquiry has found.
Gadens cuts staff pay by 20% in COVID-19 downturn
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A lower demand for legal services triggered by the coronavirus pandemic has forced law firm Gadens to reduce staff salaries by 20%.
High Court takes up Westpac fight against ASIC personal advice case
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The High Court has agreed to hear a challenge by Westpac to a ruling in favour of ASIC that found the bank violated its duty to act in customers’ best interests during a superannuation rollover campaign, a case that could clarify the line between personal and general financial advice.
Optus faces privacy class action over customer data breach
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Communications giant Optus has become the first telco to be hit with a class action for breach of privacy, with 50,000 customers seeking compensation for disclosure of their personal details.
Rejecting ‘highly experimental’ alternative, judge vacates Motorola, Hytera copyright trial
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A judge has vacated the next stage of an intellectual property fight between Motorola and Hytera Communications because of laws prohibiting witnesses located in China from giving unauthorised evidence via videolink, rejecting a “highly experimental procedural remedy” proposed by Motorola.
Judge rejects funder’s bid to send Banksia class action fee dispute to mediation
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The funder behind the Banksia Securities class action has failed in a bid to have an outstanding case over legal fees and its commission sent to mediation, with a judge saying the issues for trial involve allegations against lawyers of serious misconduct not appropriate for closed-door negotiations.