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An educational service provider owned by national bookstore chain Dymocks has been sued for “flagrant” trade mark infringement by a tech-focused private equity fund.
NAB reaches $49.5M settlement in ‘junk’ insurance class action
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The National Australia Bank and insurer MLC have agreed to pay $49.5 million to settle a class action over allegedly worthless credit card insurance.
GIlbert + Tobin opposes fix to Charif Kazal’s ‘incomprehensible’ lawsuit
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Gilbert + Tobin is seeking to shut down a lawsuit brought by a firm owned by Sydney business owners Charif and Tarek Kazal after the Federal Court gave the company one last chance to fix what a judge called the “simply incomprehensible” pleadings.
AUSTRAC sues Westpac for ‘systemic’ money laundering failures
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Westpac has been hit with a lawsuit by AUSTRAC for its alleged “systemic” failure to comply with anti-money laundering and counter terrorism finance laws.
Sobering moment: D’Aquino Bros barred from labeling booze as Scotch
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Australian liquor retailer D’Aquino Bros has settled a trade mark infringement lawsuit brought by the UK’s Scotch Whisky Association, after agreeing to injunctions barring it from peddling its brew as Scotch.
Google’s Fitbit buy creates ‘uncertain world’ for consumers, ACCC says
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Google’s promise to shield users’ health data after its planned $3 billion acquisition of fitness tech company Fitbit should be taken with a grain of salt, ACCC chairman Rod Sims said Tuesday.
NAB manager sentenced over home loan fraud
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A former National Australia Bank branch manager has been sentenced to a year of home detention for engaging in fraud in relation to the bank’s scandal-ridden Introducer home loan program.
Ex-Clime Capital exec says he was sacked for complaints about conflicts
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Wealth management company Clime Capital and its CEO have been sued by a former chief investment officer who claims he was fired after complaining about a conflict of interest within the firm.
Former CEO says Papyrus defamed him by leaving him out of annual report
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Sustainable tech firm Papyrus Australia has lost its bid to throw out a $750,000 defamation case brought against it by an ex-managing director, which alleges the omission of his name in the company’s 2018 annual report was akin to calling him a liar.
Garmin settles misuse of market power case by largest Australian supplier
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Garmin has reached a settlement in a competition case brought by its former exclusive Australian distributor alleging the GPS technology giant misused its market power after the supplier refused to give up its five best customers.