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LEGAL NEWS


ASX gets a lashing as Federal Court slaps $20.5m penalty for misleading market on CHESS project

ASX gets a lashing as Federal Court slaps $20.5m penalty for misleading market on CHESS project

ASX Limited (ASX: ASX) was given a lashing by a Federal Court justi...

Mercer Super hit with $10.3m penalty for failing to report serious member service issues to ASIC

Mercer Super hit with $10.3m penalty for failing to report serious member service issues to ASIC

Mercer Superannuation (Australia) has been ordered to pay $10.3 mil...

SkyCity strikes $21m deal with South Australia to settle Adelaide Casino regulatory failings

SkyCity strikes $21m deal with South Australia to settle Adelaide Casino regulatory failings

Auckland-headquartered casino operator SkyCity Entertainment Group ...

ASIC seeks $35m penalty after HSBC admits to systemic scam-protection failures

ASIC seeks $35m penalty after HSBC admits to systemic scam-protection failures

The Australian Securities and Investments Commission (ASIC) is seek...

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

Former Star Entertainment CEO Matt Bekier hit with six-year ban and $700,000 penalty for breaches

The Federal Court has disqualified former Star Entertainment Group ...

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High Court rules against Block Earner, finding crypto yield product was a financial product

High Court rules against Block Earner, finding crypto yield product was a financial product

Sydney-based crypto startup Web3 Ventures, trading as Block Earner,...

ASX agrees to pay $20.5m penalty over misleading statements related to CHESS replacement

ASX agrees to pay $20.5m penalty over misleading statements related to CHESS replacement

Securities exchange operator ASX Limited (ASX: ASX) has agreed to p...

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Forex broker Union Standard slapped with record $300m fine over CFD trading that cost investors $83m

Collapsed foreign exchange broker Union Standard International Grou...

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac hit with $26 million penalty for ignoring hardship pleas from struggling customers

Westpac Banking Corporation (ASX: WBC) has been ordered to pay a $2...

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Mayne Pharma wins $13.27m costs award against Cosette from collapsed $672m takeover battle

Adelaide-based pharmaceutical manufacturer Mayne Pharma (ASX: MYX) ...

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Zip Co settles trademark dispute with Firstmac, acquiring 'Zip' mark to keep brand name in Australia

Buy-now-pay-later provider Zip Co Limited (ASX: ZIP) has settled it...

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

ASIC sues Equity Trustees over alleged First Guardian failures that cost members $65m

Equity Trustees Superannuation is facing civil penalty proceedings ...

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

Snaffle operator hit with $33.5m penalty for overcharging thousands of consumers on credit contracts

The Federal Court has ordered a $33.5 million penalty against Walke...

Federal Court rules Coles misled customers with 'Down Down' discount promotions

Federal Court rules Coles misled customers with 'Down Down' discount promotions

Supermarket giant Coles Group (ASX: COL) has been found to have mad...

Fortescue ordered to pay $150m in native title compensation over Pilbara mining operations

Fortescue ordered to pay $150m in native title compensation over Pilbara mining operations

Mining giant Fortescue Ltd (ASX: FMG) has been ordered by the Feder...

Money3 hit with $1.55m penalty for responsible lending breaches on car finance loans

Money3 hit with $1.55m penalty for responsible lending breaches on car finance loans

Car finance lender Money3 Loans, a subsidiary of ASX-listed Solvar ...

James Hardie faces potential class actions on two fronts over 2025 profit downgrade

James Hardie faces potential class actions on two fronts over 2025 profit downgrade

Building materials giant James Hardie Industries (ASX: JHX) is faci...

Latitude Finance hit with $3.96 million penalty for breaching spam laws more than 2.7 million times

Latitude Finance hit with $3.96 million penalty for breaching spam laws more than 2.7 million times

The Australian Communications and Media Authority (ACMA) has impose...

Brambles faces hefty damages bill after Federal Court upholds shareholder class action claims

Brambles faces hefty damages bill after Federal Court upholds shareholder class action claims

Pallet and logistics giant Brambles Limited (ASX: BXB) is facing a ...

Electro Optic Systems hit with $4m penalty for disclosure breach as ASIC action draws to a close

Electro Optic Systems hit with $4m penalty for disclosure breach as ASIC action draws to a close

Canberra-based defence and space manufacturer Electro Optic Systems...

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