A subsidiary of AMP has settled a retired financial planner’s lawsuit accusing the company of using “unfair tactics” to avoid coughing up close to a million dollars owed under a buyout option exercised in November 2019.
Astora Women’s Health says group members should accept an open $27 million settlement offer in a class action over its allegedly defective pelvic mesh devices, warning that “financial difficulties” may prevent it from meeting any judgment if the case succeeds at trial.
One of the applicants in a settled shareholder class action against tech company Arasor has sued the funder that backed the case alleging it is owed $1.2 million in personal expenses accrued while serving as lead applicant on the case.
The maker of Ugg footwear has successfully opposed an application by an Australian shoe seller to register a trade mark containing the word ‘ugg’, but a delegate has warned the company it does not have an exclusive right to the descriptive word.
The Australian Competition and Consumer Commission is investigating claims by suppliers that government bodies have diverted supplies of COVID-19 rapid antigen tests, as the regulator continues its crackdown on reported price gouging amid a test shortage.
A judge overseeing two class actions against Romeo’s has ditched what has become the commonplace hearing in weighing a settlement of the cases, but experts say approval applications in group proceedings should ideally be heard in open court.
The Australian Securities and Investments Commission is challenging a ruling that threw out half the criminal charges against direct bank Members Equity, arguing the statute of limitations doesn’t apply to serious corporate misconduct.
BHP’s policy requiring Queensland workers to be vaccinated against COVID-19 and show proof of the jab has withstood a challenge from mining unions that claimed the rule was unreasonable and breached the Privacy Act.
A former business development manager at Flick has filed a sexual harassment lawsuit against the pest control giant, alleging a string of incidents involving a senior employee that began during her interview, and an inadequate complaints process that repeatedly dismissed and downplayed her concerns.
Former Liberal power broker Marcus Bastiaan has accused Nine Entertainment of hiding behind “the cloak of journalistic professional privilege” in refusing to provide documentary evidence concerning the production of an alleged defamatory 60 Minutes report.
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