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GetSwift hit with second shareholder suit
Class Actions 2018-03-27 8:25 pm By Cat Fredenburgh

Corrs Chambers Westgarth has filed a shareholder class action against GetSwift alleging it provided inadequate disclosures and misled investors with its overhyped announcements about business contracts, one month after Squire Patton Boggs brought a similar suit.

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Viagogo knew ‘from the outset’ how much it charged customers, ACCC says
Article 2018-03-21 11:03 am By Cat Fredenburgh

Viagogo could calculate from the start of the booking process how much it would charge in booking and handling fees for event tickets, but kept customers in the dark, the ACCC said in a recent court document, rebutting the online ticket reseller’s defense in the consumer regulator’s case.

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Heinz violated law with sugary kids snacks, court finds
Competition & Consumer Protection 2018-03-19 8:44 pm By Cat Fredenburgh

H.J. Heinz Company Australia Ltd made misleading claims about the health benefits of its Little Kids Shredz products, the Federal Court said Monday.  

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ASX updates disclosure obligations in wake of GetSwift action
Corrs Chambers Westgarth 2018-03-19 12:47 pm By Christine Caulfield

The Australian Stock Exchange has updated rules on company disclosures regarding consumer contracts, in the wake of a share suspension and investor class action against logistics software company GetSwift for “overhyped” business contract announcements.

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GetSwift hit with $300M shareholder class action
Class Actions 2018-02-21 8:56 pm By Cat Fredenburgh

Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.

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ACCC wins first penalty under new franchising code
Competition & Consumer Protection 2017-11-10 10:57 pm By Christine Caulfield

The Australian consumer regulator has secured its first penalty in a case brought under the new Franchising Code of Conduct, with a court ordering Pastacup franchisor Morild to pay $100,000 for breaching the code.

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Meriton tried to thwart bad TripAdvisor reviews, judge says
Competition & Consumer Protection 2017-11-10 10:01 pm By Cat Fredenburgh

Property manager Meriton Property Services violated the law by trying to keep guests at its properties from posting bad reviews on TripAdvisor, the Federal Court said Friday, a win for Australia’s consumer regulator in its first case over online reviews.

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Judge puts temporary block on Maxigesic ads
Competition & Consumer Protection 2017-11-08 2:38 pm By Cat Fredenburgh

The judge overseeing a case brought by Reckitt Benckiser against Aft Pharmaceuticals over its allegedly deceptive painkiller ads has temporarily blocked Aft from releasing ads that claim its Maxigesic painkiller is stronger than other paracetamol-ibuprofen combination drugs.

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Aft says Reckitt suit over Maxigesic ads too hard to swallow
Competition & Consumer Protection 2017-10-27 12:25 pm By Cat Fredenburgh

Aft Pharmaceuticals has denied claims brought by consumer goods giant Reckitt Benckiser that ads for Aft’s over-the-counter painkiller Maxigesic are misleading and causing harm to Reckitt’s brand.

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Trial postponed in ACCC case against Apple
Article 2017-10-25 1:55 pm By Christine Caulfield

The trial in the consumer regulator’s case against Apple alleging iPhone and iPad users were misled about their rights has been put on hold to give both sides more time.

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