The past financial year saw 54 class actions filed in Australia — the lowest number since 2017/2018, a new report shows.
The founder of beleaguered investment group Mayfair 101, James Mawhinney, has won an appeal against a decision that saw him banned from soliciting funds or promoting any financial product for 20 years.
Despite scoring a win Thursday in his appeals court battle with ASIC, Mayfair 101’s James Mawhinney was criticized for his “spurious” claims against solicitors and counsel acting for him.
IT company Cisco has been hit with a suit by an account manager who alleges she faced sexual harassment and discrimination at the hands of a veteran employee whose behaviour was “well known” to senior management.
Mineralogy has secured unconditional court approval to drop one of the “battle fronts” in its war with CITIC units Sino Iron and Korean Steel, with a judge refusing to impose a “price” on the discontinuance in the form of an undertaking not to revive the claims.
Noni B owner Mosaic Brands has paid $266,400 in fines after allegedly misleading customers about selling “FDA approved” face masks and “ACCC approved” hot water bottles.
Animal-free dairy and protein company Perfect Day is trying again to patent a composition that it says makes superior vegan cheese and butter, after New Zealand dairy company Fonterra succeeded in opposing its bid to patent the invention.
Aussie Home Loans is facing a class action investigation for allegedly selling “essentially worthless” policies to homeowners.
The only female partner at global technology research firm Information Services Group has sued her employer for alleged sex discrimination and harassment, saying the company is a “hostile environment” for senior women employees.
The Daily Mail is appealing a judge’s decision to award Nine sports presenter Erin Molan $150,000 over an article concerning an on-air remark she made about the pronunciation of National Rugby League Polynesian player names.