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A judge has struck out claims against Google’s parent company Alphabet in a class action alleging the digital giant abused its dominance in digital advertising, finding they were “ambiguous”.
Binance Australia Derivatives fined $10M for offering ‘risky’ crypto products to retail customers
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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.
$100M penalties for petrol price misconduct as war’s oil shock bites
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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.
Johnson Winter Slattery snags Baker McKenzie M&A partner
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A Baker McKenzie partner specialising in M&A and private equity has made the jump to Johnson Winter Slattery.
Judge ‘affronted’ by NT remote housing class action solicitor’s affidavit
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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”.
WA appeals court upholds toss of defamation suit over lack of concerns notice
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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.
Qteq chair hit with record $1M penalty for attempted cartel conduct
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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.
Class action silk pleads guilty over Banksia counsel fees
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Former silk Norman O’Bryan has pleaded guilty in a criminal case over his role as senior counsel for the Banksia Securities class action.
Petrol companies could face $100M penalty for pricing misconduct
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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 seeks more details in exec’s overwork, discrimination case
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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.