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An education provider calling itself Trinity College Australia faces a lawsuit alleging it is duping consumers by trying to pass off as The University of Melbourne’s famed residential college.
ASIC wins $9M fine against Financial Circle
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The Australian Securities and Investments Commission has secured almost $9 million in penalties against Melbourne-based Financial Circle over a scheme to extract advice fees and ongoing commission from borrowers who took out personal loans.
Another firm weighs class action over flammable cladding
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A third law firm is investigating a possible class action to compensate property owners for the cost of removing highly combustible aluminium cladding, believed to be in the majority of buildings in Australia.
Vittoria wins challenge to another Mondelez coffee machine patent
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Australian coffee maker Vittoria Food & Beverage has won another challenge to a patent for a coffee pod system filed by a unit of Mondelez International.
Law firm looks at short-seller VGI in class action probe ‘twist’
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Maurice Blackburn is investigating a possible class action after the share price of Corporate Travel Management plunged 27 percent on Wednesday, and will look at the role of VGI Partners in the sudden stock drop.
Alphapharm slams Sanofi amendment delay in injunction battle
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Generic drug maker Alphapharm says rival Sanofi-Aventis waited to amend its injector pen patent until the heated IP battle between the two firms had commenced, despite knowing about the amendments for three years.
‘Disappointed’ judge decries delays in Sydney light rail class action
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A judge has expressed frustration at the slow pace of the Sydney light rail class action, forcing both parties to commit to a timetable that will push the proceeding more rapidly towards a final hearing.
Fintech founder to pay for judge to fly to UK for testimony of ex-Visa boss
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The founder of a fintech company suing Visa for allegedly abusing its market dominance is flying a Federal Court judge to the UK to preside over the examination of a key but reluctant witness in the case, former Visa boss Rupert Keeley.
UGL knew LNG project was behind schedule by April, class action says
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UGL knew by April 2014 that there were delays with the Ichthys LNG project, but failed to make required disclosures to shareholders, according to an amended pleading in a shareholder class action against the engineering company.
Judge OKs $2.5M penalty against hearing aid cos. in ACCC case
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A judge has approved a $2.5 million penalty against two hearing aid retailers in the consumer regulator’s case alleging the companies targeted vulnerable pensioners with misleading newspaper ads.