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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.
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.
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.
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.
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.
Telstra’s ‘Unlimited’ ad campaign misleading, court rules
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Telstra has engaged in misleading and deceptive conduct and breached the Australian Consumer Law with its ‘Unlimited’ advertising campaign, a judge ruled Wednesday.
Robbie Waterhouse’s defamation case against Fairfax heads to mediation
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A defamation case by the husband of racing legend Gai Waterhouse against Fairfax Media alleging a Sydney Morning Herald article damaged his reputation has been ordered into mediation by the Federal Court.
Class actions over Willmott Forests scheme collapse wrap up
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Class actions brought by victims of the failed Willmott Forests managed investment scheme have come to a close, two years after a judge issued a stunning ruling rejecting an initial settlement as favoring clients of M&K Lawyers over other investors, and including payment of a hefty legal bill.
Judge sets date for opposing bovine gene patent changes
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The judge overseeing a case brought by Meat & Livestock Australia over a bovine gene patent has given parties until July 5 to oppose changes to the patent, held by Cargill and Branhaven, after an earlier ruling invalidated the patent.
Judge picks Phi Finney to lead GetSwift shareholder class action
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Boutique law firm Phi Finney McDonald has been chosen among three competing cases to lead a shareholder class action against GetSwift.