Please login to bookmark Close
Chain logistics company Brambles is facing a second class action alleging it breached its continuous disclosure obligations by failing to revise its overly rosy 2017 financial forecast on several occasions.
Optus, Telstra reach deal over ‘Unlimited’ ads
Please login to bookmark Close
A claim for damages by Optus over Telstra’s ‘Unlimited’ ad campaign, which was found to be misleading and deceptive, appears to have been resolved by the rivals out of court.
Class action can claim Westpac unit knew about $1.9M Ponzi scheme
Please login to bookmark Close
A judge has denied a Westpac unit’s bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging the bank aided the Ponzi schemer’s illegal conduct.
Law firm must pay for ‘ineffective’ radio ads, court says
Please login to bookmark Close
Employment law firm McDonald Murholme has lost an appeal in a case over $37,000 in unpaid bills for five months of radio advertisements on the Victorian Radio Network the firm said were ineffective.
AMP slams ‘red herring’ in class action transfer fight
Please login to bookmark Close
Embattled financial giant AMP on Tuesday criticised concerns raised by lawyers for the federal class actions about group members’ opt out rights, saying the concerns were a “red herring” in the fight against an order transferring their cases to the NSW Supreme Court.
Pharmacist who sold fake Viagra can’t get licence back
Please login to bookmark Close
A Sydney pharmacist who was stripped of his registration after selling counterfeit Viagra has lost an application to have his licence reinstated.
ACCC scores $5.5M in fines over polycarbonate cartel
Please login to bookmark Close
The ACCC has scored fines totaling $5.5 million in its case against companies and individuals involved in an alleged cartel over the supply of polycarbonate, a little more than a month before trial kicks off against the alleged mastermind behind the cartel.
AMP denies class members will hit time bar in state court
Please login to bookmark Close
AMP has slammed arguments that group members in four Federal Court class actions could face a jurisdictional limitation on their claims of disclosure breaches if their cases are transferred to state court, saying no such disadvantage exists.
Ethicon fights expanded class in vaginal mesh action
Please login to bookmark Close
Ethicon told the Full Federal Court on Monday that the judge overseeing the marathon class action against it over allegedly defective vaginal mesh devices got it wrong when she reset the dates for inclusion in the class.
IOOF unit seeks to expand claims against insurance broker in Provident class action
Please login to bookmark Close
IOOF subsidiary Australian Executive Trustees wants to expand the cross-claim it filed against insurance broker Willis Australia in the class action over the collapse of Provident Capital, two weeks after AET agreed to fork over $44.25 million to settle the matter.