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Telstra and Vodafone have reached a mid-trial deal to end an infringement case alleging use of GPS technology by the telcos to track customer phones violates a 1994 patent.
ASX updates disclosure obligations in wake of GetSwift action
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The Australian Stock Exchange has updated rules on company disclosures regarding consumer contracts, in the wake of a share suspension and investor class action against logistics software company GetSwift for “overhyped” business contract announcements.
Judge oks S&P deal in Lifeplan case, as another trial kicks off
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As trial enters its second week in a landmark case against S&P Global, a judge has signed off on a settlement of a separate class action against the U.S. credit ratings agency over its alleged role in the global financial crisis.
Linfox workers lose appeal in FWC case
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A group of Linfox workers in Victoria has lost a challenge to a Fair Work Commission ruling that found in favor of the transport giant in a dispute over the scope of their jobs.
VW emissions cheating trial to wrap up Monday
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The first stage of the Australian trial alleging Volkswagen installed dual-mode software in diesel vehicles to cheat on emissions tests will wrap up Monday, when class action lawyers deliver a final rebuttal and closing arguments.
FWC won’t delay super union merger
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The Fair Work Commission has refused a bid by an employer group to halt the merger of the Construction, Forestry, Mining and Energy Union and two other unions while a challenge is heard.
Biogen to pull MS drug in Australia following encephalitus reports
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Biogen said Thursday it will pull its multiple sclerosis drug Zinbryta in Australia, nearly two weeks after the biotech company issued a worldwide withdrawal of the drug following reports of encephalitus in Europe.
Herbert Smith Freehills to oust partner over sexual harassment claims
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Herbert Smith Freehills has suspended an Australian partner and intends to remove him from the partnership within a week after multiple allegations of sexual harassment were made, the firm said Friday.
ACCC seeks market input on Saputo offer to sell Koroit plant
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The ACCC wants the public to weigh in on Saputo’s offer to sell its Koroit dairy plant in Victoria to win the regulator’s blessing for its $1.3 billion tie-up with Murray Goulburn.
Equifax duped customers, ACCC says in enforcement action
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The consumer regulator has launched enforcement action against Equifax, accusing the credit reporting company of duping vulnerable customers into paying for credit reports that were only as good as its free reports.