A judge is weighing up a law firm’s high legal costs against a union’s “bizarre” delay in a stoush over who should run a case against McDonald’s alleging 100,000 workers were denied rest breaks.
A judge has signed off on a $7.2 million penalty against Dixon Advisory after the company admitted to ASIC allegations that its advisors failed to act in its clients’ best interests by recommending they invest in a risky US-based real estate investment fund.
The Australian Securities and Investments Commission will not seek to enforce a $7.2 million penalty agreed to by Dixon Advisory after admitting to the regulator’s allegations that it failed to act in its clients’ best interests.
Dixon Advisory has agreed to pay a $7.2 million penalty after admitting to ASIC’s allegations that it failed to act in its clients’ best interests on 53 occasions.
The corporate regulator has launched enforcement action against Dixon Advisory & Superannuation Services, accusing the financial services company of having conflicts of interest and providing inappropriate advice to clients.
A judge has indicated he will approve a confidential settlement in a class action brought by a litigation guardian of young Indigenous Australian detainees against the Northern Territory Government alleging human rights abuses.
Almost 7,000 disabled workers have been repaid $109 million in wages as part of a class action settlement distribution that has been called a “fitting end to an historic fight”.