Star accounts for $150M in likely penalties after ASIC ‘raises concerns’

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The corporate regulator voiced concerns with Star Entertainment over its 2022 financial report, which it said made no provision for likely fines faced by the casino operator for lax compliance with money laundering laws.

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AFL faces potential class action by former players over head injuries

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A Melbourne law firm is reportedly poised to file a class action against the Australian Football League, seeking compensation on behalf of former professional players who have allegedly suffered head injuries during games.

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ASIC takes Noumi, top executives to court over 2019 financial reports

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The corporate watchdog has brought action against former Freedom Foods Group and its former CEO and CFO for alleged disclosure breaches relating to inventory values in its 2019 financial reports.

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New allegations OK’d on eve of trial in Bayer Essure class action

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A class action against Bayer over its Essure device has won court approval to add new allegations, including that the contraceptive caused sexual dysfunction, with a judge finding the new claims could not have taken the German drug maker by surprise.

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Class action can’t get cladding sales figures from 3A Composites’ supplier

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A class action by property owners against the manufacturer and supplier of alleged combustible cladding has lost a bid for sales figures to estimate the value of their claims as the parties head into settlement negotiations next month.

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Nine defeats strike-out bid in defamation suit over ‘internet trolls’ broadcast

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Nine has defeated a bid to strike out its truth defences in a defamation case by a Melbourne hairdresser alleging a segment on ‘A Current Affair’ about ‘internet trolls’ and subsequent comments on the program’s Facebook page defamed her.

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De Costi Seafoods shows ‘no contrition’ in underpayments case, judge says

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Seafood processing company De Costi Seafoods has been hit with a $60,000 penalty for failing to pay workers overtime for shifts starting before 6am, with a judge finding the company failed to show any contrition. 

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