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Orix settles $18M case against CEO fired after arrest on bribery charges
The sacked boss of Orix Australia -- who escaped charges of corruption three years ago -- has settled a dispute with his former employer, including a claim by the fleet management company for $18 million in damages.
University of Sydney unfairly axed lecturer over swastika image, court finds
A judge has found that the University of Sydney unlawfully terminated the employment of a political economy lecturer who was fired for conduct that included showing students a slide of a Nazi swastika superimposed on the Israeli flag.
‘Best that can be done’: Judge OK’s ‘modest’ $33M Suncorp settlement
A judge overseeing a class action against a unit of Suncorp Group has given his blessing to a settlement that will see only $14 million of its headline $33 million figure go to super members, despite finding the modest return was “far short of the maximum potential recovery” in the case.
Silk asked to appear in video opt-out notice to confused members in Aveo class action
A judge has declined to approve an amended opt-out notice featuring a video from a silk further explaining a "confusing" opt-out notice sent to group members in a class action against retirement home provider Aveo Group that has led to 400 opt-outs.
ASIC issues first penalty for greenwashing
Tlou Energy has paid $53,280 for allegedly making false or misleading statements to the market about its sustainability practices, in the Australian Securities and Investments Commission's first compliance action over so-called greenwashing.
Noumi class action lawyers won’t commit to 22% rate in GCO bid
Two class action firms have refused to provide an undertaking that would fix the rate of their contingency fee in a consolidated shareholder class action against food company Noumi and auditor Deloitte over $590 million in accounting irregularities.
Judge rejects recusal bid in barrister’s disciplinary case for ‘none of your business’ remark
A judge has refused to recuse herself from hearing disciplinary proceedings brought against a barrister over complaints that she used “judicially inappropriate words” at an interlocutory hearing.
Firm running class action against Toyota gets boost from US plaintiffs firm
A law firm running a class action alleging Toyota unit Hino cheated on emissions tests has teamed up with a top US firm running parallel proceedings against the car maker.
$27M penalty for ‘extensive and systematic’ failures by CBA units
Commonwealth Bank units CommSec and Australian Investments Exchange have been ordered to pay more than $27 million for “serious and unacceptable” system failures that led to excessive fee charges for customers.
Facebook flags potential conflict of interest in cryptocurrency ad class action
Facebook owner Meta wants to uncover the basis on which crypto tokens have been issued to bankroll a class action over its 2018 ban on cryptocurrency ads, citing the potentially conflicted interests of the self-represented lead applicant.