Deloitte Touche Tohmatsu is facing claims by the lead applicants in two class actions against failed retail giant Dick Smith alleging its poor accounting practices contributed to the retailer’s collapse.
A court has ordered internet provider Activ8me to pay $250,000 in penalties for making false and misleading claims about the performance of its internet services, the consumer watchdog said Friday.
A parliamentary report released Thursday recommended major reform to the $170 billion franchise industry and called on three government agencies to probe franchise giant Retail Food Group and its top executives for potential insider trading, tax evasion and other unlawful conduct.
A top executive at railway technology company Wavetrain has been referred to the Commonwealth Attorney General for possible criminal proceedings after its solicitors at Mills Oakley worked with opposing counsel to uncover false evidence he provided in a consumer case centered on the company’s railway patents.
The trial in the ACCC’s case against hospital group Ramsay Health Care has doubled in length after the regulator made a late bid to enter as evidence a file note based on a sound recording of a meeting in which a Ramsay unit’s CEO allegedly made anti-competitive threats.
ANZ has reached a settlement in long-running class action proceedings alleging it hit customers with illegal fees, but the $1.5 million payout falls far short of the many millions IMF Bentham spent in funding the matter.
A Mildura-based healthcare company and its boss have been committed to stand trial in the first criminal cartel case brought by the Australian Competition and Consumer Commission against an Australian business.
News Corp has called on the ACCC to break up Google, saying the “very serious” step was needed to prevent the search giant from abusing its market power.
National taxi company Black & White Cabs has failed in its bid for a court-ordered injunction forcing Regent Taxis to supply booking and dispatch services to its Gold Coast fleet while the cab companies litigate a case alleging Regent is abusing its market dominance in the region.
DLA Piper has reached an agreement with a second barrister who alleged the firm refused to pay him until its client settled the bill, according to court documents.