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IVF Australia faces multimillion dollar lawsuit over inaccurate genetic test
Anne Horvath 2021-02-17 6:32 pm By Spencer Fowler Steen

Fertility clinic IVF Australia is facing a lawsuit worth “many millions of dollars” launched by the parents of a child born with Pallister-Kilian syndrome, alleging it did not carry out a vital pre-implantation diagnostic test that would have identified the disease.

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CBA cops to misleading customers on more than 12,000 occasions
Article 2021-02-16 6:05 pm By Spencer Fowler Steen

Commonwealth Bank of Australia could be on the hook for a large penalty after the court found the bank engaged in misleading and deceptive conduct and violated its financial services obligations on more than 12,000 occasions by overcharging customers more than $2.2 million in interest.

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PwC takes swipe at class action over $50M bond prospectus
Accounting 2021-02-16 5:30 pm By Cat Fredenburgh

PricewaterhouseCoopers is looking to shut down a class action by irate bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in a $50 million bond offer.

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Hyundai faces class action investigation over recalled cars
Automotive 2021-02-15 7:08 pm By Cindy Cameronne

South Korean car maker Hyundai is facing a possible class action after it recalled over 90,000 cars earlier this month over safety concerns. 

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ACCC’s conduct in cartel case ‘troubling’, says lawyer for NQCranes
Catherine Dermody 2021-02-15 2:31 pm By Christine Caulfield

Counsel for Queensland-based NQCranes has lashed out at the ACCC for seeking to amend its cartel action against the crane company, telling a court the regulator had been warned for months that the case was deficient.

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Kimberly-Clark agrees to pay $200,000 penalty in flushable wipes case
ACCC 2021-02-12 1:41 pm By Miklos Bolza

US consumer goods giant Kimberly-Clark has agreed to pay $200,000 for misleading ‘Made in Australia’ representations made on its ‘flushable’ wipes.

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Commonwealth Bank won’t defend ASIC case over $2.9M in overcharged interest
ASIC 2021-02-12 12:14 pm By Spencer Fowler Steen

Proceedings launched by ASIC in December accusing the Commonwealth Bank of Australia of saddling consumers with $2.9 million in inflated interest rates on their business overdraft accounts on more than 12,000 occasions will move swiftly to a penalties hearing.

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Australian Pacific Touring fights recasting of test case after discovery bungle
Caspar Conde 2021-02-11 1:49 pm By Miklos Bolza

Cruise company Australian Pacific Touring will resist any expansion of a test case over cancellations brought against it by a former passenger after its failure to properly provide discovery resulted in a fragmented hearing meant to conclude in September last year.

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ACCC raises competition concerns about MYOB bid for GreatSoft
ACCC 2021-02-11 1:12 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission has raised preliminary competition concerns about accounting software provider MYOB’s proposal to swallow up cloud practice management software provider GreatSoft, saying the South Africa-based company has the potential to become a strong competitor to MYOB as more accounting firms migrate to the cloud.

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Mobile retailer TeleChoice faces class action over contract spat with Optus
Class Actions 2021-02-08 6:58 pm By Miklos Bolza

A class action by franchisees against mobile and internet retailer TeleChoice will return to the Victoria Supreme Court next week as group members seek commissions they allege have been withheld while the company battles separate litigation against Optus.

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