Investment manager’s not-so ‘Golden Method’ leads to jail time

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A former investment manager who provided investors with forged portfolio reports about his ‘Golden Method’ trading strategy has been sentenced to three years in jail.

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High Court to resolve uncertainty over common fund orders

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The High Court has agreed to rule on whether common fund orders can ever be made in class actions, including so-called solicitors’ common fund orders allowing lawyers to earn a cut of any settlement.

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ATO, PepsiCo fight over royalty withholding tax goes to High Court

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The ATO has won the nod from the High Court to appeal a finding that a royalty withholding tax did not apply to payments from Schweppes to PepsiCo under agreements to sell brands like Pepsi and Gatorade in Australia.

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Optus slapped with $12m penalty over Triple-0 outage

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Optus has been hit with a $12 million penalty over a “preventable” nationwide network outage in November 2023, which left thousands of customers unable to make emergency calls.

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Australian Clinical Labs flags strike-out bid in OAIC data breach case

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Australian Clinical Labs may seek to strike out part of the OAIC’s case over a 2022 data breach, arguing it would unfairly allow the watchdog to allege both single and multiple contraventions of privacy law.

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ACCC takes Magnamail to court for misleading prize promotions

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Court action by the ACCC alleges mail order company Magnamail made misleading statements to hundreds of thousands of people about prizes they weren’t eligible to win.

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