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A former Westpac banking veteran and whistleblower has sued the Big Four bank, claiming she was dismissed in retaliation for complaints filed about the bank’s risk and compliance failings.
Bushfire class action specialists investigate case over Tenterfield, NSW blaze
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Maddens Lawyers is investigating a potential class action over the Mount Mackenzie Road fire in Tenterfield, NSW, allegedly caused by power lines operated by Essential Energy.
ASIC should spell out ‘serious’ insider trading allegations, Westpac tells court
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Westpac has argued that ASIC should flesh out its case accusing the banking giant of insider trading before the $16 billion privatisation of electricity provider Ausgrid, saying the regulator has not explained the nature of the alleged inside information.
Class action launched against council over sinking Sydney homes
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Homeowners in a Western Sydney suburb have filed a NSW Supreme Court class action against the local council, a developer and geotechnical engineers seeking compensation over homes they claim are sinking into the ground.
Peloton’s US$420M acquisition of Precor violated ‘spinning’ licence, court told
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California-based fitness company Mad Dogg has accused Peloton Interactive of inducing breach of a non-compete through its $US420 million acquisition of commercial gym equipment manufacturer Precor, and has asked a court to block the company from using its ‘spinning’ trade marks in relation to its interactive exercise bikes.
Class action barristers elevated to Victoria Supreme Court
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The lead counsel in class actions against AMP and Vocation and a silk who worked on the landmark Black Saturday bushfire class actions are the latest judicial appointees to the Victoria Supreme Court, boosting the class action chops of the court’s bench.
Kia faces class action investigation into recalled cars
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Kia Motors is facing an investigation into a possible class action on behalf of car owners whose vehicles were recalled due to the risk that they could catch fire when parked.
Crown’s top lawyer threatened regulator over push for money laundering controls, inquiry hears
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Crown’s former legal boss threatened to call the federal gaming minister after Victoria’s gaming watchdog pushed the company to implement stronger anti-money laundering controls on junket players, the royal commission into Crown Melbourne has heard.
Westpac class action funder forgoes commission after running out of money
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The cash-strapped litigation funder that initially agreed to bankroll a class action against Westpac over life insurance premiums will not earn a cent in commission under a proposed $30 million settlement.
Damages claimed in Takata airbags class action against VW ‘quite absurd’, court told
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A class action trial against Volkswagen over recalled Takata airbags has kicked off, with a lawyer for the car giant denying the airbags carried a safety risk and attacking as “quite absurd” the sought-after damages of 30 percent of the initial price tag of affected cars.