Mercedes-Benz will face a penalty in ACCC proceedings alleging the luxury car maker exposed consumers to serious injury or death by failing to comply with obligations under a compulsory recall of potentially deadly Takata airbags.
South Korean car makers Hyundai and Kia are facing a class action investigation in Australia over cars containing potentially defective petrol engines, after agreeing to a settlement worth more than $1 billion in related US litigation last year.
Two law firms that filed competing class actions against regenerative medicine company Mesoblast for allegedly misleading shareholders about its Remestemcel-L treatment for COVID-19 complications have agreed to join forces and sidestep a beauty parade.
A judge has ordered that the ACCC’s case alleging Retail Food Group misled franchisees be run on a sample basis, saying the regulator’s opposition to the idea “smacks of a lack of confidence in its own case.”
A New South Wales developer and construction company have been hit with a class action by aggrieved property owners at a Central Coast commercial development who say the building was riddled with defects, including subpar air conditioning.
Despite noting that a class action trial and appeal were “unusual”, a judge overseeing a long-running class action against Ford has refused an application to send a notice to group members about a coming appeal in the case.
The ACCC has raised concerns that Qantas’ proposed acquisition of Brisbane-based regional airline Alliance Aviation Services could harm competition in the market for flights for fly-in, fly-out workers.
AMP has admitted ASIC’s allegations that it acted unconscionably in charging life insurance premiums and advice fees to deceased customers, but the wealth manager will go head to head with the regulator over how much it should pay for its contraventions.
Car dealers bringing a $650 million lawsuit against Mercedes over its decision to move to a fixed-price agency model have won access to board meeting minutes and related correspondence sent to the company’s top brass.
Waste company Bingo Industries has pleaded guilty to fixing prices for demolition waste services in Sydney, following an industry-wide investigation by the Australian Competition and Consumer Commission.