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Latitude won’t pay ransom for stolen customer data
Financial Services 2023-04-11 2:17 pm By Cat Fredenburgh

Latitude Financial will not pay a ransom demanded by criminals after 14 million customer records were stolen in a “malicious” cyberattack.

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Crypto exchange Binance loses Australian financial services licence
Financial Services 2023-04-06 11:25 pm By Christine Caulfield

ASIC has cancelled Binance Australia’s financial services licence at the request of the crypto exchange amid a review of the exchanges’ classification of retail clients.

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Lehrmann says ABC defamed him with live broadcast of Higgins’ Press Club speech
ABC 2023-04-06 5:19 pm By Cindy Cameronne Sydney

Former Liberal staffer Bruce Lehrmann has accused the Australian Broadcasting Corporation of a “contemptuous attempt” to prejudice the jury in a criminal trial over his alleged rape of former colleague Brittany Higgins in Parliament House.

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College’s enrolment practices should be ‘condemned’, Full Court says in ACCC win
ACCC 2023-04-06 4:29 pm By Cindy Cameronne Sydney

The Full Federal Court has upheld a finding that online educator Captain Cook College engaged in systemic unconscionable conduct by enrolling thousands of unsuitable students, who accrued $60 million in debt but never finished their courses. 

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Law firm gets interim $22.6M from J&J settlement, promises to return any excess
Alec Leopold 2023-04-06 3:15 pm By Christine Caulfield

Shine Lawyers can deduct 50 per cent of its fees and all of its costs from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson while a judge mulls whether the law firm’s total bill is fair and reasonable.

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Bruce Lehrmann files defamation case against the ABC
ABC 2023-04-05 11:58 pm By Cat Fredenburgh

Former Liberal staffer Bruce Lehrmann has filed defamation proceedings against the ABC, the third such lawsuit he has brought after suing Ten and a News Corp Unit over publications airing the rape allegations of his former colleague Brittany Higgins.

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Court OKs walk-away settlement with former RCR Tomlinson directors
Class Actions 2023-04-05 11:40 pm By Cat Fredenburgh Melbourne

A judge has approved a walk-away settlement with two former directors of RCR Tomlinson in a shareholder class action against the failed engineering company.

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Sydney silk reprimanded for alleged sexual harassment and workplace bullying
Construction 2023-04-05 11:20 pm By Cindy Cameronne Sydney

A leading construction and commercial law silk in Sydney has been subject to a reprimand by the NSW legal services commissioner for alleged sexual harassment and workplace bullying. 

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ChatGPT faces landmark defamation claim by Reserve Bank whistleblower
Defamation 2023-04-05 1:28 pm By Cindy Cameronne Sydney

Artificial intelligence chatbot ChatGPT is facing a landmark defamation claim by Hepburn shire council mayor Brian Hood, alleging it incorrectly identified him as someone facing charges in a foreign bribery scandal rather than his role as whistleblower.

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Judge ‘horrified’ at ATO involvement in distributing superannuation class action settlements
ATO 2023-04-05 12:52 pm By Cindy Cameronne Sydney

A judge overseeing a superannuation class action against two Westpac units that settled for $30 million has expressed concerns about the ATO’s potential involvement in distributing settlement funds, saying the department was unlikely to efficiently reunite group members with their money. 

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