A judge has slapped defunct crypto firm Binance Australia Derivatives with a $10 million penalty for misclassifying around 500 retail customers as eligible to invest in risky derivatives intended for sophisticated investors.
Parliament has rushed through legislation doubling penalties against petrol companies for pricing misconduct to $100 million, as prices skyrocket due to the ongoing conflict in the Middle East.
A Baker McKenzie partner specialising in M&A and private equity has made the jump to Johnson Winter Slattery.
A judge has disregarded submissions by a class action solicitor appearing to critique the court’s exercise of its procedural powers, “affronted” that the lawyer seemed to suggest she needed to be “educated”.
The WA Court of Appeal has upheld the dismissal of a defamation case after the plaintiff failed to issue a concerns noting before bringing proceedings, resolving a novel question about the application of NSW law in the state.
A judge has fined Queensland mining equipment company Qteq $5 million and chair Simon Ashton a record $1 million for attempting to engage in cartel conduct.
Former silk Norman O’Bryan has pleaded guilty in a criminal case over his role as senior counsel for the Banksia Securities class action.
The federal government has proposed doubling penalties against petrol companies for pricing misconduct to $100 million, as conflict in the Middle East causes prices to skyrocket.
Woolworths says it wants more information about an executive’s lawsuit alleging she faced excessive workloads and discrimination after she was diagnosed with an aggressive form of breast cancer.
A judge has asked the Australian Competition and Consumer Commission and Meta to resolve their standoff over document discovery in a case over scam cryptocurrency ads on Facebook.
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