Kidnapping phone scam targets Chinese students in Australia

Kidnapping phone scam targets Chinese students in Australia

The ACCC has warned Australia's Chinese community of a recurring scam that involves threats of arrest and extortion via fake kidnappings. Having already caused victims $1.15 million worth of losses, the perpetrators appear to be targeting Chinese Australians nationwide. The terrifying scam comes in two forms but mostly threatens C...

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ASIC launches legal proceedings against former Quintis managing director

ASIC launches legal proceedings against former Quintis managing director

Now defunct and previously ASX listed company Quintis is back in the firing line after ASIC announced it has launched legal proceedings against former Quintis managing director Frank Wilson. The corporate watchdog will allege that Wilson failed to discharge his duties as a director in 2017. The proceedings allege Wilson failed to disc...

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Wilson Security hit with $740,000 penalty for failing to provide services in WA

Wilson Security hit with $740,000 penalty for failing to provide services in WA

Wilson Security has been ordered to refund 320 West Australian customers after it charged for security patrols that were not provided. Wilson was found to have breached Australian Consumer Law and was ordered to pay a total refund bill of $740,000. The company was contracted to provide internal premise security patrols for 320 co...

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High profile Brisbane businesswoman Jenny Hutson to face multiple ASIC charges

High profile Brisbane businesswoman Jenny Hutson to face multiple ASIC charges

When she was the chair of childcare giant G8 Education, Jenny Hutson stood at the centre of the company's botched takeover bid of Affinity Education. Now, almost three years following the failed acquisition, Hutson is set to face the music in court against charges of dishonesty and misconduct during her tenure. Following an invest...

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Australian law firms healthy despite persistent competition and disruption

Australian law firms healthy despite persistent competition and disruption

A new study into Australian law firms has revealed the Australian legal sector is healthy despite persistent problems. The seventh annual ALPMA Crowe Horwath Financial Performance Benchmarking Study indicated law firm profitability remains strong despite increasing disruption and a more competitive market. Profit margins remain strong...

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AUSTRALIAN LAWYERS CLOCK NEARLY 3 MILLION PRO BONO HOURS OVER THE LAST 10 YEARS

AUSTRALIAN LAWYERS CLOCK NEARLY 3 MILLION PRO BONO HOURS OVER THE LAST 10 YEARS

OVER the past ten years Australian lawyers have contributed nearly 3 million pro bono hours of legal work. The Australian Pro Bono Centre's 10th Annual Performance Report shows Australian lawyers gave 2.86 million pro bono hours to the community over the last 10 years. 420,195 of those hours were contributed during the last financ...

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REBEL WILSON RECEIVES MILLIONS IN DAMAGES FROM BAUER MEDIA

REBEL WILSON RECEIVES MILLIONS IN DAMAGES FROM BAUER MEDIA

BAUER Media has been ordered to pay more than $4.5 million in damages to Australian actress Rebel Wilson. The Hollywood actress and comedian sued the German-owned magazine company for publishing a series of defamatory stories in 2015. In June, a six-person jury found that Wilson was defamed by Bauer Media in eight articles because the...

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SLATER & GORDON BEGINS JOB CUTS AS MAJOR STRUCTURAL CHANGES ARE ANNOUNCED

SLATER & GORDON BEGINS JOB CUTS AS MAJOR STRUCTURAL CHANGES ARE ANNOUNCED

EMBATTLED law firm Slater & Gordon (ASX: SGH) will cut around seven per cent of its workforce as it aims to reduce costs and make structural changes in the face of heavy losses and legal dramas.

The firm released a preliminary strategic and operational review and announced it has begun consulting with "impacted" employees a...

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SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M

SLATER AND GORDON TO SETTLE CLASS ACTION FOR $36M

Slater and Gordon (ASX: SGH) has agreed to settle one of the class actions brought against it by angry shareholders which is expected to cost the firm $36.5 million.

The law firm says the Federal Court will mediate a settlement with thousands of shareholders led by investor Matthew Hall.

Slater and Gordon released a statement on Tue...

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SLATER AND GORDON SHARES IN TRADING HALT AHEAD OF CRITICAL UPDATES

SLATER AND GORDON SHARES IN TRADING HALT AHEAD OF CRITICAL UPDATES

EMBATTLED law firm Slater and Gordon (ASX: SGH) has placed its shares in a trading halt ahead of an update on its legal dramas and a restructure proposal.

The company's shareholders are chasing compensation for the massive drop in the firm's value following its disastrous $1.3 billion acquisition of British professional services firm ...

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AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

AGED CARE OPERATOR AVEO MAY FACE CLASS ACTION FROM RESIDENTS

MADDENS Lawyers is considering a class action against retirement village operator Aveo after a Four Corners-Fairfax investigation revealed its complicated contracts and exorbitant fees.

The law firm issued a statement late on Thursday calling on residents at Aveo facilities to get in touch with them if they feel they have been financially dis...

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IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

IMF BRACES FOR BIG LOSS FOLLOWING WITHDRAWAL FROM SPOTLESS CLASS ACTION

LITIGATION fund IMF Bentham (ASX: IMF) is set to lose as much as half a million dollars after it ceases funding one of the major shareholder class actions it has been backing since February.

Pending the court's approval, IMF announced it will withdraw its funding of William Roberts Lawyers' class action against Spotless Group (ASX: SP...

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WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

WAGERING GIANTS TABCORP AND TATTS GIVEN GREEN LIGHT FOR $11B MERGER

THE Competition Tribunal has approved Tabcorp's (ASX: TAH) $11bn takeover bid for Tatts (ASX: TTS) on the condition that it must divest its Odyssey gaming business in Queensland.

The announcement was made this morning after weeks of hearings and was delivered by Federal Court judge John Middleton.

Tabcorp applied to the tribunal for ap...

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CLASS ACTION TO BE LAUNCHED AGAINST MCMILLAN SHAKESPEARE OVER 'WORTHLESS' VEHICLE WARRANTIES

CLASS ACTION TO BE LAUNCHED AGAINST MCMILLAN SHAKESPEARE OVER 'WORTHLESS' VEHICLE WARRANTIES

AN $80 million class action will be launched against McMillan Shakespeare Group (ASX: MMS) over claims it issued "worthless" warranties to tens of thousands of customers who bought used cars and trucks from the company.

Global litigation funder Vannin Capital has engaged leading law firm Quinn Emanuel Urquhart and Sullivan to file t...

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