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IAG duped consumers with loyalty discount promises, ASIC says
ASIC 2023-08-25 1:42 pm By Cat Fredenburgh

Delivering on one of its enforcement priorities, the Australian Securities and Investments Commission has taken two units of insurer IAG to court for allegedly misleading home owners insurance customers about loyalty discounts.

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Norovirus class action faces ‘lurking’ stay issue
Class Actions 2023-08-25 11:55 am By Sam Matthews

After surviving multiple strike-out bids, a class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship is still facing a “lurking” issue about a potential stay in relation to the claims of a subset of group members.

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Ardent Leisure settles class action over Dreamworld tragedy for $26M
Class Actions 2023-08-24 11:55 am By Cat Fredenburgh

A $26 million settlement has been reached in a class action against Ardent Leisure alleging it misled shareholders about safety measures that were in place ahead of the 2016 tragedy at its Dreamworld theme park in Queensland which claimed four lives.

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Competition taskforce to consider merger law overhaul
Competition & Consumer Protection 2023-08-23 3:10 pm By Sam Matthews

The federal government has announced a new competition taskforce supported by a former ACCC chair that will look into reforms of the country’s merger laws, market concentration and non-compete employee clauses.

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Wealth guru Dominique Grubisa can’t get more detail about ACCC’s case
ACCC 2023-08-22 1:42 pm By Cindy Cameronne

Dominique Grubisa has come up short in her bid to have the Australian Competition and Consumer Commission file formal pleadings in its case alleging she misled students enrolled in her real estate investing and wealth management courses.

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Class action says Qantas got ‘$1B in interest free loans’ from COVID-19 cancellations
Aviation 2023-08-21 12:34 pm By Cindy Cameronne

Qantas faces a class action on behalf of hundreds of thousands of customers who allegedly never received refunds after flights were cancelled during the COVID-19 pandemic.

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Mercer set to admit liability in ASIC’s first greenwashing case
ASIC 2023-08-18 9:13 pm By Sam Matthews

Mercer Superannuation is likely to admit liability in the corporate regulator’s maiden greenwashing case, a court has heard.

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Nursing home class actions try again for insurance docs
Andrew Broadfoot 2023-08-17 11:32 pm By Cat Fredenburgh

Two class actions against Victorian aged care providers on behalf of families of residents who died due to alleged failures during the COVID-19 pandemic have appealed a ruling that rejected their bid for insurance and financial information to assist in mediation.

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Care A2 Plus seeks to block US fraud suit brought by distributor
Competition & Consumer Protection 2023-08-17 11:00 pm By Sam Matthews

After being hit by a $200 million claim in Australia, infant formula company Care A2 Plus is asking the court to block US business partner Gensco from filing a second lawsuit in its home country, which it says is intended to “harass and split the resources” of CAP and its directors.

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Norovirus class action defeats Carnival’s latest strike-out bid
Class Actions 2023-08-16 11:49 pm By Cindy Cameronne

A class action against Carnival over norovirus outbreaks on its Sun Princess cruise ship has defeated the cruise operator’s second strike out bid, with a judge saying the failure to identify what exactly went wrong “may not be fatal” to the case.

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