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J&J, Ethicon to pay record $300M settlement in pelvic mesh class actions
Class Actions 2022-09-12 11:03 am By Sam Matthews

Johnson & Johnson Medical and unit Ethicon have agreed to pay $300 million to settle two class actions brought by Shine Lawyers on behalf of Australian women implanted with pelvic mesh and tape devices.

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Meta can’t keep ACCC case over scam crypto ads under wraps
ACCC 2022-09-09 12:20 pm By Cindy Cameronne

Facebook-owner Meta has lost its bid for broad non-publication orders in its battle with the ACCC over material it says could prejudice jury members in criminal proceedings by mining magnate Andrew Forrest. 

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Pitcher Partners to pay $41M to settle class action over Slater & Gordon audits
Accounting 2022-09-08 2:04 pm By Sam Matthews

Following a three-week trial, Pitcher Partners has agreed to pay $41 million to settle a shareholder class action alleging the firm, along with Ernst & Young, approved an overly rosy year-end financial report related to Slater & Gordon’s disastrous $1.2 billion acquisition of UK business Quindell.

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Court upholds $50M award for Siemens in spat over Qatar transport contract
Cimic 2022-09-07 11:45 pm By Cindy Cameronne

A judge has upheld two arbitration awards worth $52 million for German industrial manufacturing giant Siemens against CIMIC-connected BIC Contracting LLC over a contract to build a “people mover system” in Qatar.

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Google wins opposition to FitBet trade mark
Google 2022-09-07 10:21 pm By Cat Fredenburgh

Google has succeeded in blocking a fitness app from registering ‘FitBet’ as a trade mark, with a a Trade Marks Office delegate finding the mark was deceptively similar to the Silicon Valley company’s marks for its popular FitBit wearable devices.

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In loss for TerraCom, Full Court finds ASIC can view PwC report
Appeals 2022-09-07 12:57 pm By Sam Matthews

Coal mining firm TerraCom has lost its Full Court bid to shield a PricewaterhouseCoopers report from ASIC, on appeal from a judgment which found the regulator could view the report because of public statements made by the company.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
Assured Legal Solutions 2022-09-06 11:14 pm By Christine Caulfield

The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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Nine sued for defamation over ‘Million Dollar Murders’ episode
Defamation 2022-09-06 4:58 pm By Sam Matthews

A man has sued Nine over an episode of a true crime show which he alleges depicted him as a suspect in the unsolved murder of a teenaged girl in 1997.

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Fuji Xerox, EY settle suit over $450M accounting scandal
Accounting 2022-09-01 11:44 pm By Sam Matthews

Fuji Xerox and Ernst & Young have settled a lawsuit over $450 million in alleged accounting irregularities that also ensnared an EY partner and two senior Fuji executives.

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Fonterra wins challenge to patent for vegan dairy product
Fonterra 2022-09-01 11:21 pm By Sam Matthews

IP Australia has rejected the patent application of animal-free dairy and protein company Perfect Day, following a challenge by New Zealand dairy giant Fonterra.

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