Volkswagen has asked the High Court to throw out a a landmark $125 million penalty over its emissions cheating scandal, the highest ever handed down in Australia for consumer law violations.
Boxing champion Mike Tyson has sued Australian streetwear company Culture Kings for allegedly selling ‘misleading’ T-shirts featuring his image.
The government’s proposed changes to the country’s continuous disclosure regime substitutes a “bright line legal test” with a “very very messy law” that will weaken enforcement and could undermine the integrity of Australia’s capital markets, a Senate committee has heard.
Criminal charges have been laid against the auditor of stockbroker Halifax Investment Services, whose 2008 collapse left around $200 million in client funds trapped, in the first criminal charges brought over auditing services in Australia.
A paralegal who claimed she was forced to take a 20 per cent pay cut during the beginning of the COVID-19 pandemic on the basis of misleading statements by her former law firm’s director has resolved her lawsuit against the firm.
Crown Resorts admitted Monday that it broke a state law at its Melbourne casino over a five-year period and revealed the financial crimes regulator has expanded its money laundering investigation to include the company’s Perth casino.
AUSTRAC’s long-running investigation into NAB’s compliance with anti-money laundering and counter-terrorism financing laws has progressed, with the matter being referred to the financial crime regulator’s enforcement team.
Cruise operator Royal Caribbean has dropped one of two lawsuits filed against victims of the White Island volcano eruption in New Zealand to try to block them from seeking damages in the US, where they reside.
Payments processing company EML is the target of a shareholder class action investigation over its alleged failure to timely alert the market to concerns about its money laundering risk and control systems.
Kraft has agreed to pay Bega $9.25 million as part of a settlement resolving a long-running battle over peanut butter trade dress rights, after the US consumer goods giant exhausted all its options for appealing a ruling that found Bega had acquired the rights to the trade dress.