A shareholder class action against Medibank has claimed it did not disclose “serious deficiencies” in its cybersecurity measures, including failing to implement security measures such as multi factor authentication, causing investors to buy shares at inflated prices.
Australia’s largest private health insurer Medibank has been hit with a shareholder class action in the wake of a massive cyberattack that left the data of 10 million customers exposed.
Former senator Rex Patrick has brought novel proceedings against the Attorney-General seeking access to letters concerning the 2020 “sports rorts” scandal and challenging the government’s policy of denying access to documents after a minister has changed jobs.
A director at office leasing company Cushman & Wakefield who accepted a job with a competitor has lost a bid to lift an injunction keeping her on garden leave for three months, with a judge finding she was the “author of her own misfortune” for failing to read her employment contract.
The Finance Sector Union has launched a test case against National Australia Bank on behalf of four managers who were allegedly required to work “unreasonable” unpaid hours for years and has warned it will go after the other big banks next.
The corporate watchdog has brought action against former Freedom Foods Group and its former CEO and CFO for alleged disclosure breaches relating to inventory values in its 2019 financial reports.
Spanish infrastructure giant Acciona has been sued by the entity in charge of a $511 million waste-to-energy plant south of Perth, which says it was unlawfully shut out of the project site after “commercial issues” arose between them.
The Australian Securities and Investments Commission has instituted court proceedings against the insurance arm of Queensland’s peak motoring body alleging it misled customers about their entitlement to discounts on a range of insurance products.
Melbourne law firm KHQ Lawyers has been sued for a former junior lawyer who alleges the firm compiled a “haphazard collection” of allegations as pretense to fire her after she complained about workplace bullying.
The Fair Work Ombudsman has brought its first-ever court proceedings against a franchisor, alleging it is legally responsible for its franchisees’ underpayments of nine workers.