The Office of the Australian Information Commissioner has opened an investigation of Optus following last month’s cyberattack, centering on the adequacy of the teleco’s privacy practices.
Two former employees of the Snowy Mountain Engineering Corporation have appeared in court facing foreign corruption charges linked to Sri Lankan infrastructure projects worth $14 million.
Teleco contractor BSA, which resolved a class action by its workforce for $20 million, won’t be recouping the costs of legal action to exclude a $13 million capital raising from the settlement.
IG Markets faces a potential class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading in complex financial products known as contracts for difference, or CFDs.
In a win for the corporate regulator, an appeals court has rejected investment group Mayfair 101’s appeal of a $30M penalty following a judge’s finding that it misled investors about the level of risk of its financial products.
A mobile network sharing agreement between Telstra and TPG is likely to boost the companies’ services to customers but could lead to TPG raising prices, the competition regulator said Friday.
The High Court was ostensibly convened in his home state of Queensland to consider special leave applications, but something told Justice Patrick Keane that was not the full story.
The Albanese government has thrown its support behind a proposal to establish a federal judicial commission that would address questionable conduct by judges.
As the FBI joins the hunt for the hackers behind last week’s massive data breach at Optus, a second law firm has launched an investigation into possible claims against the telecommunications giant.
Seizing on the opportunity afforded by a dynamic and growing area of the law, and wanting to pursue more public interest cases, three young stars of Slater & Gordon have left the firm they cut their teeth on to start their own class action firm.