Ernst & Young named as defendant in third Quintis class action

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Troubled sandalwood oil producer Quintis has been hit with a third class action over the company’s lost contract with Nestle unit Galderma, and this time its auditor, Ernst & Young, has been named as a co-defendant.

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Woolworths, Lowe’s settle dispute over hardware store joint venture

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A settlement has been reached in a lawsuit between Woolworths and US home improvement giant Lowe’s over a failed joint venture for a chain of hardware stores in Australia.

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Fox Symes pays up over misleading ’15 second approval’ ad

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Debt management firm Fox Symes will pay $37,800 in penalties for misleading advertising, including its promise that customers could secure lending approval in 15 seconds.

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Cash Converters pays $650,000 for breaking debt collection rules

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Cash Converters has agreed to pay $650,000 in a settlement with ASIC after the regulator found the retail pawnbroker routinely breached guidelines governing debt collection.

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Westpac’s conduct ‘unconscionable’, but no BBSW rate-rigging, judge says

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Westpac Banking Corp. engaged in unconscionable conduct when it traded in bank bills in an attempt to influence the benchmark Bank Bill Swap Rate on four occasions, a Federal Court judge ruled Thursday.

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Aristocrat wants to sue gaming rival for stealing poker machine idea

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Gaming giant Aristocrat has commenced legal action against rival Ainsworth, claiming a “controversial” game designer used confidential information to develop a competing slot machine.

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Judge denies bid to axe claim against lawyer in Deep Investments case

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A solicitor caught up in a lawsuit over alleged share trading losses has lost his bid to have misleading and deceptive conduct claims brought against him dropped.

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Corrs Chambers joins Ford class action amid Bannister’s funder feud

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Three weeks after a court heard Bannister Law could be forced off a massive class action against Ford, Corrs Chambers Westgarth has joined the case to jointly act for the lead applicants.

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