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NAB acted unconscionably with periodic payment fee overcharges, judge finds
ASIC 2022-11-07 11:24 pm By Christine Caulfield

A court has found National Australia Bank engaged in unconscionable conduct in knowingly overcharging thousands of customers periodic payment fees for four years.

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Star Entertainment faces second class action over money laundering compliance
Class Actions 2022-11-07 10:54 pm By Christine Caulfield

The Star Entertainment Group has been served with a second shareholder class action over disclosures relating to its anti-money laundering controls, a month after it was slapped with a $100 million fine.

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Dell misled online customers about inflated discounts during COVID lockdowns, ACCC says in new case
ACCC 2022-11-04 11:13 pm By Christine Caulfield

The consumer regulator has taken Dell Australia to court for allegedly making misleading statements about the price of add-on monitors that could be purchased with Dell computers during the height of the COVID-19 pandemic.

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AUSTRAC to probe Sportsbet, Bet365 over money laundering concerns
AUSTRAC 2022-11-03 11:00 pm By Christine Caulfield

Sportsbet and Bet365 face an audit by AUSTRAC over their compliance with anti-money laundering and counter-terrorism financing laws.

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Wilson Security hit with second wage class action, this one run by lawyers
Adero Law 2022-11-02 11:21 pm By Christine Caulfield

A law firm has filed a class action against Wilson Security on behalf of employees who claim to have been underpaid, just weeks after a court shut down a group proceeding against the company brought by a self-represented worker.

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OTC derivatives trader can’t pause ASIC’s 8-year ban
ASIC 2022-11-02 11:09 pm By Christine Caulfield

The former manager of over-the-counter derivatives provider Trade360 has been slapped with an eight-year ban by the corporate regulator and has lost a bid to stay the decision pending an appeal.

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Ashurst lures back lawyer from Clayton Utz to grow digital economy team
Ashurst 2022-10-31 2:10 pm By Christine Caulfield

As part of expansion plans for its Canberra office, Ashurst has brought back Mathew Baldwin as a partner in its digital economy team to advise federal government agencies in digital and data projects.

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IP firm Marquette resolves suit by lawyer allegedly fired for complaints of bullying
Employment 2022-10-31 1:33 pm By Christine Caulfield

Boutique firm Marquette IP has reached a settlement with a former trade mark attorney who claimed she was sacked for making complaints of bullying by a supervisor. 

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Meta wins access to info on ‘Sue Facebook’ tokens bankrolling crypto class action
Class Actions 2022-10-28 11:56 pm By Christine Caulfield

Digital giant Meta can access information on crypto tokens issued to fund a class action over Facebook’s ban on cryptocurrency ads, but the identities of those who have bought the tokens can be kept under wraps.

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Appearance of bias prompts ASIC push for Youpla special purpose liquidators
Article 2022-10-28 11:46 pm By Christine Caulfield

A joint court application by ASIC and NSW Fair Trading calls for special purpose liquidators to claw back money from funeral insurer Youpla over concerns about the current liquidator’s relationship with the failed company’s former lawyer.

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