The state of Western Australia is facing a class action by Indigenous workers seeking to recover stolen wages, after a historic $190 million settlement was reached last year in a stolen wages class action against the state of Queensland.
Crown Resorts faces AUSTRAC investigation over potential money laundering breaches
Flexigroup tries again to overcome Zip opposition to ‘no interest’ trade mark
CFMEU wins Full Court challenge to ‘serial offender’ penalty
A history of serial offending by the CFMEU could be factored into a court’s finding on the gravity of later breaches of the Fair Work Act, but not to the extent that the union pays a disproportionate penalty, the Full Federal Court has found in a significant ruling that settles conflicting case law.
Victoria keeps options open in High Court lockdown challenge
Judge backs ASIC plan to ban OTC binary options as issuers hit with $75M penalty
Over-the-counter derivative issuers AGM Markets, OT Markets and Oxifin Tech have been ordered to pay a total of $75 million in penalties after a ruling that they engaged in unconscionable conduct causing losses of over $30 million to unsophisticated investors seeking what a judge called “financial heroin hits”.