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Cryptocurrency class action faces knockout bid
Class Actions 2022-03-14 11:38 am By Sam Matthews Melbourne

The issuer of Gold Coast-based cryptocurrency Qoin has asked a court to throw out a class action alleging breaches of the ASIC Act and Australian Consumer Law in relation to the issue of the utility coin. 

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‘An absolute nightmare’: Social media surgeon Daniel Lanzer hit with class action over ‘horrific’ procedures
Class Actions 2022-03-11 4:53 pm By Sam Matthews Melbourne

Sydney-based plastic surgeon Daniel Lanzer and four of his associates have been hit with a class action lawsuit on behalf of patients who allegedly suffered “horrific” consequences from surgeries performed at Lanzer’s clinic.

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ANZ denies charging retrospective interest on credit cards
ANZ 2022-03-07 1:40 pm By Christine Caulfield Melbourne

ANZ has hit back at claims in a class action that it slugged retrospective interest on credit card accounts and that its interest terms were not explicit, arguing the term ‘retrospective’ is liable to “confuse” the issues to be decided by the court.

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Mitsubishi hits back at class action, says it can’t be sued over fuel efficiency labels
Automotive 2022-03-04 9:46 pm By Sam Matthews Melbourne

Mitsubishi has denied class action allegations that it made misleading fuel efficiency representations on labels affixed to the windshields of over 70,000 Triton Utes, and says it can’t be sued under the Australian Consumer Law because the labels were required by law.

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Silk loses phone numbers in NBN switch, sues Telstra
Competition & Consumer Protection 2022-03-04 2:37 pm By Christine Caulfield Melbourne

A senior barrister has brought court action against Telstra alleging the teleco engaged in fraud and misleading and deceptive conduct when its customer service staff promised he could retain his chambers’ phone numbers when switching to the NBN.

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ACCC flags supply chain competition in COVID-19 era as new priority
ACCC 2022-03-03 4:15 pm By Sam Matthews Melbourne

The ACCC will target businesses seeking to use COVID-related disruptions to global and domestic supply chains as “a veil for illegal conduct” the watchdog’s outgoing chair has said in setting out the regulator’s priorities for 2022.

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Viterra rejected $85M offer to settle Cargill lawsuit over Joe White sale
Agriculture 2022-03-02 10:27 pm By Sam Matthews Melbourne

Grain producer Viterra, which has been ordered to pay $293 million to Cargill Australia for making misleading representations during the sale of malt producer Joe White, rejected an offer to settle the lawsuit for $85 million, a court has heard.

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MCoBeauty drops ‘2000 hour’ eye makeup brand to settle trade mark suit
Competition & Consumer Protection 2022-03-02 12:33 pm By Sam Matthews Melbourne

Cosmetics company MCoBeauty has reached a settlement with the maker of the popular 1000Hour Lash & Brow Dye kit in a case alleging  “deliberate and flagrant” trade mark and copyright infringement.

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Corestaff to pay $6.4M to settle class action by Papua New Guinea workers
Class Actions 2022-03-02 12:22 pm By Cat Fredenburgh Melbourne

Labour hire firm CoreStaff will pay $6.4 million to settle a class action accusing it of using the promise of long-term work to lure workers to Australia from Papua New Guinea, only to terminate their employment agreements less than three years after they made the move.

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Abandoned IVF clinic merger no win for ACCC, judge says
ACCC 2022-03-01 4:54 pm By Christine Caulfield Melbourne

The ACCC got what it wanted when IVF providers Virtus Health and Healius terminated a proposed $45 million merger, but it wasn’t a win, a judge has said in mostly denying the regulator’s bid to recover the costs of its court challenge to the deal.

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