A Federal Court judge has slapped Optus with a $6.4 million penalty for sending a misleading email to 138,988 mobile customers informing them their broadband service would be disconnected soon, just two days after the telecommunications giant copped a $1.5 million penalty for similar conduct.
Hytera can argue Motorola should have alerted it to stolen IP sooner, Full Court says
Ernst & Young denies it was negligent in goodwill review of Slater & Gordon’s Quindell deal
Accounting giant Ernst & Young, which has been dragged into two class actions by Slater & Gordon shareholders, has shot back at claims it was negligent in its 2015 audit report of the law firm’s UK division, which included a review of the firm’s disastrous acquisition of Quindell’s professional services arm that found no impairment on the goodwill value of the deal.
Bondi Beach bar sues Aristocrat Technologies over ‘defective’ gaming machines
Dam operators found negligent in Queensland floods class actions
With class actions likely, Westpac gives share purchasers a way out
Embattled banking giant Westpac may be seeking to limit its potential liability in any shareholder class actions it may face in the wake of AUSTRAC’s lawsuit alleging 23 million breaches of anti-money laundering and counter-terrorism financing laws, with the bank offering to refund some of those that purchased shares as part of a $2.5 billion capital raising.
Class actions get boost with contingency fees bill in Victoria
Competition watchdog keeps up fight for lower access fees at Port of Newcastle
Firms will seek up to $6M at SurfStitch class action settlement hearing
The funders behind two shareholder class actions against online fashion retailer Surfstitch Group will seek a commission of up to 30 per cent while the law firms that brought the cases will ask for approval of up to $6 million in legal fees during an upcoming settlement approval hearing, which also puts the fate of a deed of company arrangement that saved the company from liquidation on the line.