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The Australian Securities and Investments Commission has launched proceedings against a subsidiary of wealth manager IOOF over its alleged failure to have adequate cyber security systems in place.
ASIC takes StatePlus to court over alleged fees for no service conduct
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The Australian Securities and Investments Commission has launched civil penalty proceedings against superannuation fund StatePlus over fees allegedly charged for services that were not provided to tens of thousands of members.
Westpac units won’t defend ASIC fees for no service case
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Two Westpac units have made admissions and said they would not defend proceedings brought by the Australian Securities and Investments Commission over fees charged for services that were not provided to hundreds of financial advice customers.
Cladding class action applicant has $5.8M claim against Fairview, court hears
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The second meeting of creditors of embattled cladding manufacturer Fairview Architectural has been pushed back to give administrators more time to work out what is in the best interests of creditors, after the lead applicant in a class action against the cladding manufacturer submitted a $5.8 million claim.
‘Deliberate exploitation’: On The Run fined $65k for denying worker meal and toilet breaks
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The employing entity for convenience store chain On The Run has been slapped with a penalty of almost $65,000 for underpaying and failing to provide a worker with meal and toilet breaks, with a judge chastising the company’s “deliberate exploitation of a low paid hard working employee”.
Nationwide may deny liability for reporter’s ‘private’ tweets on Quaden Bayles video
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Nationwide News may not accept liability for a series of allegedly defamatory tweets published from reporter Miranda Devine’s personal account about 9-year-old Quaden Bayles, telling a judge the tweets were “private”.
Marketing company Aida settles sham contracting group action
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International direct marketing company Aida Sales and Marketing has settled a multimillion-dollar group action accusing it of engaging in wage theft and sham contracting.
Court approves $2.9M penalty against HealthEngine for misleading reviews
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A court has approved a $2.9 million penalty against medical booking platform HealthEngine after the company admitted to deleting and altering unfavourable reviews and misusing consumer data.
Class action wants GetSwift to give heads up if cash dips below $25M
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The lead applicant in a shareholder class action against GetSwift and its managing director wants the logistics provider to give notice of any decision that would see its cash and other liquid holdings fall to less than $25 million.
Transurban hit with class action over ‘unreasonable’ admin fees
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Toll road operator Transurban faces a class action alleging it charge Queensland road users “unreasonable” administrative fees on unpaid tolls.