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A class action against online trading platform IG Markets over alleged risky contracts for difference may drop its conflicted remuneration claims after struggling to find a sample group member.
Sumo Power cops $10M penalty for prohibited phone sales
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Power and gas company Sumo has been ordered to pay a $10 million penalty for engaging in prohibited ‘door-to-door’ phone sales, the largest penalty for breaches of Victoria’s energy laws.
‘Risks in every case’: Judge questions contingency fee in IAG class action
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A judge has questioned a contingency fee bid by Slater & Gordon in a class action against Insurance Australia, saying the risks of the case were inherent to almost every class action.
NRMA faces whistleblower case by former in-house lawyer
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Insurer NRMA faces a Fair Work case by a former in-house lawyer who alleges she was dismissed after making a whistleblower complaint.
RAMS franchisees call out ‘old school litigation’ in class action
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RAMS franchisees have called out the Westpac unit for “old school litigation,” as they seek information about alleged anomalies in home loan applications that led to the nixing of their franchise agreements.
Transport for NSW loses appeal over land acquisition near Sydney airport
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An appeals court has found Transport for NSW was not empowered to compulsorily acquire land for the ‘public purpose’ of the Western Sydney Airport.
iSignthis wins fight to bring evidence of offers to settle with ASIC
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Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.
Ten resolves reporter’s case over ‘sexually hostile’ workplace
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Ten has resolved a case by former journalist Tegan George that alleged the network’s Canberra bureau had a culture that was “sexually hostile, demeaning and oppressive”.
Lawyers should limit use of AI to low-risk jobs, legal watchdogs say
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The legal watchdogs in three states have issued a guidance on the ethical use of AI, recommending that lawyers only use the technology for “lower-risk” tasks like drafting correspondence.
Competition fears over Orikan’s proposed merger with parking rival
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The Australian Competition and Consumer Commission has raised concerns about the proposed acquisition of parking management company Duncan Technologies by Orikan Group.