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ABC journalist settles defamation case by Liberal MP Andrew Laming for $79,000
ABC 2021-08-11 12:05 pm By Bianca Hrovat Sydney

ABC reporter Louise Milligan has agreed to pay $79,000 to settle a defamation case by Liberal party MP Andrew Laming over what he called spiteful and accusatory tweets, but the agreement does not include an admission of liability, a court heard on Wednesday.

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CBA’s head of governance sues bank for threatening to ax her over complaints
CBA 2021-08-10 6:39 pm By Cindy Cameronne Sydney

Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.

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Apple asks High Court to undo ‘radical’ Epic Games decision
ACCC 2021-08-10 3:10 pm By Cat Fredenburgh Melbourne

The Full Federal Court took a “radical” and unorthodox approach with far-reaching consequences by keeping Apple’s competition dispute with Fortnite game maker Epic Games in Australia, the Silicon Valley giant has told the High Court.

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Gambling addict sues Crown Melbourne over $4.5M loss
Competition & Consumer Protection 2021-08-10 7:02 pm By Bianca Hrovat Sydney

A high roller with a severe gambling addiction has taken Crown Melbourne to court, alleging the casino’s “predatory” practices caused him to lose more than $4.5 million over three and a half years.

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Westpac’s $30M insurance class action settlement wins court approval
Alec Leopold 2021-08-09 8:42 pm By Miklos Bolza Sydney

The Federal Court has given the greenlight to a $30 million settlement in Shine Lawyers’ insurance class action against Westpac and will allow post-settlement registration notices to be sent to group members.

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Court cuts silk’s fees in Westpac class action
Alec Leopold 2021-08-09 3:23 pm By Miklos Bolza Sydney

The former senior counsel in a settled insurance class action against Westpac has had his fees reduced by $70,000 after the Federal Court heard some of the work for which he charged was not done in the interests of group members.

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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne Sydney

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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IOOF may face new misconduct allegations in shareholder class action
Caspar Conde 2021-08-09 10:20 pm By Bianca Hrovat Sydney

The applicant in a shareholder class action against IOOF wants to add ten new misconduct allegations, including that a relative of a former executive made $69,000 by offloading shares.

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TerraCom files court action to keep PwC report from ASIC investigators
Article 2021-08-09 2:08 pm By Christine Caulfield Melbourne

Mining company TerraCom has asked a court to rule on the privilege status of a report by PriceWaterhouseCoopers, produced in reponse to “serious allegations” by a former employee over the falsification of coal quality results.

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‘Very disappointed’: ACCC accuses Telstra, Optus and TPG of misleading NBN customers
ACCC 2021-08-09 4:25 pm By Bianca Hrovat Sydney

The Australian Competition and Consumer Commission has brought legal action against three major Australian internet providers for allegedly misleading hundreds of thousands of NBN customers.

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