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Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade.
‘Malishus’ trade mark owner appeals ruling awarding $10 in compensatory damages
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An Australian musician is seeking to appeal a ruling in a trade mark lawsuit against New Zealand-based clothing company Malishus and its directors, which awarded him $32,000 in additional damages for “flagrant” infringement but only $10 in compensatory damages.
Top NRL player agent Sam Ayoub wins case against protege who poached 18 players
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Veteran NRL player agent Sam Ayoub has won his case against his former protege and another employee who left his Ultra Management Sports agency in 2017 and took 18 players with them.
Thiel partner in Gawker takedown seeks $2M in new lawsuit
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An Australian law graduate and businessman who convinced tech billionaire Peter Thiel to fund a defamation lawsuit that ultimately bankrupted famed US gossip blog Gawker has filed a lawsuit seeking $2 million from a former business partner.
FWC dismisses case after Facebook pics show ‘agoraphobic’ beautician sunning it up
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The Fair Work Commission has dismissed a general protections dispute brought by an “agoraphobic” beautician after social media posts revealed an active social life including gin, Greek food and the Melbourne Cup.
Sydney financial advisor hit with $14.5M class action by Chinese investors
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A Sydney-based financial advisory firm has been hit with a class action by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.
ACCC probes price fixing in NSW waste sector
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The Australian Competition and Consumer Commission has opened a sector-wide investigation into price changes made last year in the building and demolition waste services market in New South Wales.
Former director of internet company gets 6 years in jail for fraud
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The former director of a Queensland-based internet services provider has been sentenced to six years in jail after pleading guilty to fraud charges.
Judge hits Geowash with $4.2M penalty for unconscionable conduct against franchisees
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Car wash franchisor Geowash has been ordered to pay $4.2 million in penalties for overcharging franchisees to set up outlets and misleading them about how much revenue they could earn.
ASIC takes further action against company that ran ‘defective’ Sterling property investment scheme
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The Australian Securities and Investments Commission has suspended the Australian Financial Services licence of a Sydney-based financial services provider that ran a property investment scheme targeting retirees, which the regulator has accused of issuing ‘defective’ product disclosure statements.