The Australian Securities and Investments Commission has launched civil penalty proceedings against superannuation fund StatePlus over fees allegedly charged for services that were not provided to tens of thousands of members.
Two Westpac units have made admissions and said they would not defend proceedings brought by the Australian Securities and Investments Commission over fees charged for services that were not provided to hundreds of financial advice customers.
The second meeting of creditors of embattled cladding manufacturer Fairview Architectural has been pushed back to give administrators more time to work out what is in the best interests of creditors, after the lead applicant in a class action against the cladding manufacturer submitted a $5.8 million claim.
Nationwide News may not accept liability for a series of allegedly defamatory tweets published from reporter Miranda Devine’s personal account about 9-year-old Quaden Bayles, telling a judge the tweets were “private”.
International direct marketing company Aida Sales and Marketing has settled a multimillion-dollar group action accusing it of engaging in wage theft and sham contracting.
A court has approved a $2.9 million penalty against medical booking platform HealthEngine after the company admitted to deleting and altering unfavourable reviews and misusing consumer data.
The lead applicant in a shareholder class action against GetSwift and its managing director wants the logistics provider to give notice of any decision that would see its cash and other liquid holdings fall to less than $25 million.
A judge has signed off on a $2.5 million settlement of a class action against the developers of the Governor Place residential complex in Canberra brought by apartment owners over the GST payments on their units, with the funder of the proceedings to earn $1.9 million.
The son of controversial funder and lawyer Mark Elliott has been joined to proceedings alleging the lawyers behind the Banksia Securities class action conspired to pocket excessive fees in the case, after a court heard there was a “litany” of evidence he was party to the alleged fraudulent scheme.
Australian auto electronics company Directed Electronics is seeking at least $18 million from truck company Isuzu for allegedly breaching a contract for the supply of a new audio visual unit and aiding a former employee’s alleged theft of company information.