A judge has signed off on a $20 million penalty against Westpac subsidiary BT Funds Management for improperly charging 9,000 members insurance premiums that included commissions to financial advisers, a practice that was banned in 2013.
A former judge’s associate has filed a discrimination complaint against the Tasmania Supreme Court alleging she was “shamed and humiliated” out of her role because of her relationship with one of the court’s judges.
Coal mining firm TerraCom has taken its bid to shield a PricewaterhouseCoopers report from ASIC to the Full Court, appealing a judgment which found the regulator could view the report because of public statements made by the company.
A judge has approved a bid by group members to discontinue a class action alleging pharmacy giant Priceline exercised an “overly prescriptive level of control” on franchisees which limited their profitability, saying it was unlikely to succeed with a litigation funder.
Telstra has denied that it is liable to compensate a Queensland barrister who lost his phone numbers in an NBN transfer, arguing that it was the silk’s decision to terminate his contract with the company.
Nine has hit back at a class action by Indigenous Australians who say the broadcaster’s coverage of a $30 million class action settlement with the Queensland government for alleged police misconduct during the 2004 Palm Island riots was discriminatory and inaccurate, saying it reported the events “fairly and accurately”.
Toyota could owe close to $2 billion in compensation to 260,000 car owners after a judge found that diesel filters installed in its Hilux, Fortuner and Prado models were defective and that the cars were sold for more than they were worth.
The trustee of Mayfair Group’s collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.
A judge has barked at lawyers for Nine and a barrister who sued the media company for defamation over its coverage of her battle for custody of famed social media pooch Oscar the cavoodle, saying their “nonsense” quibbling was making him “cranky”.
A judge has hit Westpac with a $1.5 million penalty for misleading 141 customers into believing they had purchased add-on insurance.
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