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Shareholder class action targets Fletcher Building for ‘misleading’ FY17 forecasts
Alexander Edwards 2023-03-14 5:04 pm By Christine Caulfield

Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.

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Ken Talbot’s widow wanted to ‘destroy’ law firm, court says
Anastasia Nicholas 2023-03-14 1:20 pm By Cindy Cameronne Sydney

The wife of the late mining executive Ken Talbot wanted to “destroy” the law firm that advised her husband about his will, a court has found in awarding costs against the widow.

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Insurer must indemnify church for historic sex abuse claims
Caspar Conde 2023-03-10 6:17 pm By Cindy Cameronne Sydney

Allianz must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred up to four decades ago at the exclusive Sydney boys’ private school Knox Grammar, a judge has found.

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Ex-Western Bulldogs player sues AFL, club over concussions
Personal injury 2023-03-10 6:02 pm By Sam Matthews Melbourne

Retired Western Bulldogs player Liam Picken has filed a lawsuit against the AFL, his former club and two club doctors over the alleged mismanagement of head injuries he says left him unable to pursue a post-football career.

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Facebook to cop penalty in ACCC case over ‘misleading’ data protection app
ACCC 2023-03-10 3:20 pm By Cat Fredenburgh

Facebook will face a penalty in the Australian Competition and Consumer Commission’s case alleging it misled consumers by representing that its discontinued Onavo Protect mobile app would keep users’ personal activity data private.

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Class action firm’s potential profit from Arrium case not relevant to security sum: judge
Accounting 2023-03-10 3:10 pm By Sam Matthews Melbourne

A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.

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ANZ hit with $10M penalty over $18.5B home loan program
ANZ 2023-03-10 2:23 pm By Cindy Cameronne Sydney

ANZ has been hit with a $10 million penalty in a case brought by the Australian Securities and Investments Commission alleging the bank’s home loan ‘introducer’ referral program breached credit laws.

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Moccona sues Vittoria for selling instant coffee in a jar
Davies Collison Cave 2023-03-10 2:14 pm By Sam Matthews Melbourne

A trade mark stoush between the owners of coffee brands Moccona and Vittoria is “all about whether people think a jar means Moccona”, a court has heard.

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TikTok loses trade mark battle with mortgage tech startup Tic:Toc
Baker McKenzie 2023-03-09 11:47 pm By Christine Caulfield

The owner of Chinese social media giant TikTok has lost its challenge to the registration of a trade mark for home loan tech startup Tic:Toc.

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Court warns of ‘dangers’ of defamation suits, awards Google reviewer indemnity costs
Defamation 2023-03-09 11:25 pm By Christine Caulfield

A judge who tossed a house painter’s case over a one-star Google review has awarded partial indemnity costs to the critic and said her order should serve as a lesson about the “catastrophic” costs of defamation cases.

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