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Online auction site Grays has been ordered to pay $10 million in penalties after it admitted to making misleading statements in the descriptions of at least 750 cars listed for sale on its website.
Judge rejects law firm’s updated bid in Hyundai, Kia class actions
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A judge has rejected a law firm’s attempt to update its bid to run class actions against Hyundai and Kia, saying the changes were intended to net the firm a competitive advantage in an upcoming fight for carriage of the class actions and different in substance from its previous position.
Judge gives law firm tough time over extra costs to distribute BSA class action settlement
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A law firm has secured more funds to cover the cost of distributing a $20 million settlement reached in a class action against telco contractor BSA, but not as much as it wanted, with a judge saying the firm would have been stuck with its initial estimate if the administration gig had been put out to tender.
Super Retail Group’s action against lawyers wants lid on info ahead of employees’ case
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Preemptive action brought by Rebel Sports owner Super Retail Group against lawyers acting for the retailer’s employees in a proposed $50 million lawsuit seeks court orders concealing information expected to be filed in the case.
Law firm director sacked assistant in ChatGPT-written text message, FWC finds
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The director of a Perth law firm fired a legal assistant by a text message that was generated with ChatGPT, the Fair Work Commission has found.
Opal Tower builder Icon, Liberty Mutual spar over class action legal bill
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The builder of Sydney’s troubled Opal Tower has brought a claim for indemnity against insurer Liberty Mutual, which has already agreed to pay out $22.5 million, claiming it is owed a total of $12.5 million for its costs in defending a class action by residents.
Government backs FWC plan to put CFMEU construction division into administration
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Employment Minister Tony Burke says he will support the Fair Work Commission’s plan to appoint an independent administrator to the construction division of the CFMEU and flagged an AFP investigation into recent allegations the union has been infiltrated by criminal figures.
Clive Palmer files bid for default judgment against ex-ASIC chair James Shipton
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Clive Palmer has filed an application for default judgment against the former chair of the Australian Securities and Investments Commission, James Shipton, in his proceedings alleging he acted in bad faith and beyond his power in the regulator’s pursuit of claims.
Telstra cops $1.5M penalty for flouting customer ID rules
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Telstra has been hit with a $1.5 million penalty from the communications regulator for failing to perform the requisite costumer ID authentication on over 150,000 “high-risk” interactions, such as SIM card swaps.
Class action lawyer who has secured $230M from ratings agencies goes after Fitch again
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A class action has been filed against Fitch Ratings on behalf of investors represented by a lawyer who has taken on credit ratings agencies over risky financial products for over a decade.