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Insurer Select AFSL acted unconscionably when selling life, funeral and accidental injury insurance over the phone, a court has found in a case brought by the Australian Securities and Investments Commission.
Sacked Orix boss can’t get quick win in case for $1M in unpaid leave
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The former CEO of fleet manager Orix Australia, who escaped charges of corruption three years ago, will have to take his claims for $1 million in unpaid leave to a hearing after losing a pre-trial bid for judgment.
Norton Rose Fulbright loses another energy, projects bigwig
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Norton Rose Fulbright has lost the co-head of its energy, infrastructure and resources team in Australia to King & Wood Mallesons, just months after the group’s other leader jumped ship to another Big Six firm.
Judge questions if funders should get lower commissions in employment class actions
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A judge overseeing the settlement approval of an underpayments class action against telco contractor BSA has questioned whether litigation funders should receive commissions lower than the market rate for running employment class actions.
Ex-Norton Rose manager appeals loss in bullying case
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A former Norton Rose Fulbright digital marketing manager is trying to revive her allegations that the firm fired her after she complained of bullying and sex discrimination by her supervisor.
Sims class action funder, lawyers stake claim to 57% of settlement
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The funder and law firm running a shareholder class action against recycling company Sims Limited are seeking more than 57 per cent of a $29.5 million settlement for commission and costs, including an insurance policy to cover the risks of losing the case.
Citigroup settles $300,000 lawsuit over alleged conflicted financial advice
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Citigroup has settled a lawsuit alleging it gave a customer conflicted financial advice to invest most of her savings in “risky” products, despite her being an inexperienced investor with limited funds.
Claims pared in class action over sinking Sydney homes
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Sydney homeowners bringing a class action over homes they claim are sinking into the ground won’t be able to recoup alleged losses from the engineering company that certified the lots for development.
Ex-Bellamy’s director Jan Cameron drops capital gains tax challenge
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Jan Cameron, founder of Kathmandu and former director of baby food company Bellamy’s, has abandoned her lawsuit alleging a Caribbean Islands-based trust didn’t owe capital gains tax on the 2018 sale of 2.5 million Bellamy’s shares.
Fairfax to argue no ‘serious harm’ to synagogue head over ‘gossipy, mocking’ Age report
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Fairfax has foreshadowed a fight over whether former synagogue president and Victorian Liberal party treasurer David Mond suffered ‘serious harm’ as a result of articles published in The Age and Sydney Morning Herald accusing him of deciding to host a speech by a convicted spy.