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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"Cyborg justice" for Meow-Meow in the District Court

"Cyborg justice" for Meow-Meow in the District Court

Sydney biohacker Meow-Ludo Disco Gamma Meow-Meow has officially won his plight for for "cyborg justice"  in the NSW District Court. Meow-Meow, who was fined after he implanted a NSW travel card chip into his arm, says "cyborg justice has been served" after a court overturned his conviction. The biohacker claim...

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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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College of Law acquires legal education provider CPD Interactive

College of Law acquires legal education provider CPD Interactive

In a move to strengthen its online offering, The College of Law has acquired the business operations of CPD Interactive.  CPD Interactive is an online provider of legal education and professional development and through its acquisition, The College of Law now has access to more than 120 courses facilitated through its platform. S...

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Slater and Gordon becomes fourth law firm to take on AMP in class action

Slater and Gordon becomes fourth law firm to take on AMP in class action

AMP (ASX: AMP) has been hit with a fourth shareholder class action, this time by Slater and Gordon. Slater and Gordon says it has filed proceedings against the wealth management business in the Federal Court of Australia, adding that it will act on a no-win, no-fee basis. The class action relates to the controversy that arose during t...

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Criminal cartel charges laid against ANZ, Citigroup and Deutsche Bank

Criminal cartel charges laid against ANZ, Citigroup and Deutsche Bank

The Australian Competition and Consumer Commission has confirmed that charges have been laid against ANZ, Citigroup and Deutshe Bank. Following an investigation into alleged cartel conduct by the banks relating to an ANZ institutional share placement in August 2015, the watchdog has hit the banks and  senior executives with criminal ...

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More banks facing criminal charges in relation to ANZ cartel investigation

More banks facing criminal charges in relation to ANZ cartel investigation

The Australian Competition and Consumer Commission has confirmed that Deutsche Bank and Citibank will also face criminal charges in relation to alleged cartel conduct by ANZ Bank (ASX: ANZ). The ACCC confirmed on Friday afternoon that Deutsche Bank AG is also facing criminal charges in relation to the share placement. Investments bank...

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Criminal charges to be laid against ANZ for cartel conduct

Criminal charges to be laid against ANZ for cartel conduct

One of Australia's largest banks is facing criminal charges over alleged cartel conduct related to a $2.5 billion share placement in 2015. ANZ (ASX: ANZ) is facing charges by the Commonwealth Director of Public Prosecutions over an alleged arrangement of understanding between the joint lead managers of the institutional placement of 8...

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Kogan caught in a lawsuit after allegedly infringing on rival's trademark

Kogan caught in a lawsuit after allegedly infringing on rival's trademark

Two of Australia's leading e-tailers have taken their dispute to the courts, with Catch Group suing major competitor Kogan (ASX: KGN) over trademark infringement. As reported by Lawyerly, Catch Group has alleged that Kogan violated its "catch" trademarks and consumer law through its sponsored links on Google which used the w...

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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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Shine becomes latest class action firm to take a crack at AMP

Shine becomes latest class action firm to take a crack at AMP

Shine Lawyers (ASX: SHJ) has filed a class action lawsuit against AMP (ASX: AMP) in the Federal Court, becoming the third firm to officially launch proceedings against the financial services giant. Supported by litigation funder Augusta Ventures, Shine will argue that AMP mislead and deceived its customers over financial advice which it c...

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Class action firm takes aim at BHP Billiton over Brazilian dam tragedy

Class action firm takes aim at BHP Billiton over Brazilian dam tragedy

Phi Finney McDonald is preparing a class action against BHP Billiton (ASX: BHP), arguing the resources giant misled investors over the 2015 tragedy which has been called Brazil's worst ever environmental disaster. BHP owns and operates the Germano iron ore mine in Minas Gerais in a joint venture with Brazilian company Vale SA.  ...

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Bidding war incited as Maurice Blackburn joins AMP class action onslaught

Bidding war incited as Maurice Blackburn joins AMP class action onslaught

Maurice Blackburn has become the third firm to investigate a class action lawsuit against AMP, while two other law firms have officially lodged proceedings against the financial services giant. Provoking a class action bidding war, Maurice Blackburn has promised a low commission rate of 12.5 per cent as it goes toe-to-toe with rival class...

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Phi Finney McDonald joins trio of firms investigating class actions against RFG

Phi Finney McDonald joins trio of firms investigating class actions against RFG

Phi Finney McDonald has become the third law firm to target a class action against Retail Food Group (ASX: RFG) following a string of damning revelations in February which wiped more than $550 million from the company's market capitalisation. The firm announced it will be investigating the class action against RFG for engaging in misl...

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Slater and Gordon launches class action investigation against AMP

Slater and Gordon launches class action investigation against AMP

Slater and Gordon (ASX: SGH) has become the third national law firm to fire shots at AMP (ASX: AMP), launching its own investigations into a potential class action against the financial services giant. Backed by litigation funder Therium, Slater and Gordon, is investigating potential allegations that AMP breached its continuous disclosure...

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AMP served with two class actions

AMP served with two class actions

In the fallout of the Royal Commission, AMP (ASX: AMP) has been hit with two separate class action proceedings brought on behalf of aggrieved shareholders. One claim has been filed in the Supreme Court of New South Wales by Quinn Emanuel Urquhart & Sullivan (QE) and the other in the Federal Court of Australia by Phi Finney McDonald. ...

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BOQ, Suncorp to face grilling at Royal Commission

BOQ, Suncorp to face grilling at Royal Commission

The Bank of Queensland (ASX: BOQ) and Suncorp (ASX: SUN) are the next financial institutions set to face the music at the financial services Royal Commission. The third round of public hearings will discuss loans to small and medium enterprises, and will see BoQ and Suncorop face a grilling, alongside the major institutions. Running f...

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AMP boss steps down following admissions to the royal commission

AMP boss steps down following admissions to the royal commission

The CEO of AMP (ASX: AMP) Craig Meller has resigned following revelations about AMP's conduct at the financial services royal commission. Meller stepped down after AMP admitted to charging customers for advice they never received and then lying to ASIC about it. The AMP boss, who was due to retire at the end of 2018, says he is &q...

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APDC launches lawsuit against NEXTDC

APDC launches lawsuit against NEXTDC

The ongoing saga between NEXTDC (ASX: NXT) and the Asia Pacific Data Centre Group Limited (APDC) (ASX: AJD) has come to a head. It was revealed on Thursday morning that APDC has initiated legal proceedings against NEXTDC in relation to a dispute over APDC's claimed "ongoing access rights" at three of NEXTDC's data centre...

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A shitty situation: Pental fined for misleading products

A shitty situation: Pental fined for misleading products

Pental (ASX: PTL) has been ordered to flush $700,000 down the loo after it was found by the Federal Court to have made misleading representations about its product. This shitty situation arose after the company made representations saying its White King cleaning wipes were 'flushable'. "Simply wipe over the hard surface o...

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Clive Palmer charged over breaches of takeover law

Clive Palmer charged over breaches of takeover law

Notorious Queensland businessman and ex-politician Clive Palmer has been charged with breaching takeover law. Following an ASIC investigation, Palmer, 63, and his company Palmer Leisure Coolum (PLC), has been charged with breaching takeover law arising from a proposed takeover of The Presidents Club (TPC). ASIC alleges that in April 2...

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ASIC obtains orders to restrain the director of Members Alliance Group from dealing with property

ASIC obtains orders to restrain the director of Members Alliance Group from dealing with property

The corporate watchdog has obtained a freezing order from the Supreme Court of Queensland over assets of the director of Members Alliance Group. ASIC has successfully restrained Deborah Malborough, the director of Members Alliance Group, from dealing with properties held in her name. The watchdog secured the order because it suspected...

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DLA Piper advises $25m placement for global elite sports organisation

DLA Piper advises $25m placement for global elite sports organisation

Catapult Group (ASX: CAT) has completed an institutional placement worth $25 million to fund its growth efforts overseas and improve its product offering. Catapult Group creates technology solutions that help sports teams and scientists around the world to train and play more effectively. DLA Piper advised the sports tech company on i...

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Herbert Smith Freehills and Ashurst advise on $205m Ecogen sale

Herbert Smith Freehills and Ashurst advise on $205m Ecogen sale

Herbert Smith Freehills has advised IFM Investors on the $205 million sale of its Ecogen business, with Ashurst acting for buyers EnergyAustralia. Ecogen owns and operates the 510MW Newport power station and 440MW Jeeralang power station, both located in Victoria and making up approximately 9 per cent of Victoria's total generation ca...

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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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The Australian law firm building new data analytics and hybrid cloud capabilities

The Australian law firm building new data analytics and hybrid cloud capabilities

Leading Western Australian law firm Jackson McDonald has invested in data analytics and is now moving towards hybrid cloud tech through the Nutanix Enterprise Cloud OS. The new software introduces data analytics services including an HR information system which compiles and analyses data from a range of sources to create a more effective ...

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Purcell Chadwick & Skelly founder joins Bennett & Philp

Purcell Chadwick & Skelly founder joins Bennett & Philp

Bill Purcell has been appointed as a director at Bennett & Philp Lawyers, bringing his entire team and the long standing name of Purcell Chadwick & Skelly to the table. Purcell is an accredited property law specialist who will add his expertise to Bennett & Philp's real estate section. He and his team will expand Benne...

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Insolvency partner seizes opportunity at Piper Alderman

Insolvency partner seizes opportunity at Piper Alderman

Joanne Hardwick (pictured) has joined Piper Alderman's insolvency and reconstruction team, a move which she says is an exciting opportunity for herself and the future of the firm. Hardwick has worked alongside industry leaders and has both Australian and international experience in commercial litigation, insolvency and reconstruction ...

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Peter Gordon not out to "replace Slater & Gordon" with launch of new firm

Peter Gordon not out to "replace Slater & Gordon" with launch of new firm

He was one of Andrew Grech's most trusted advisors, infamous for being the only person who could say "no" to Grech, until he left the firm in 2009. Now Peter Gordon has launched a full-service law firm called Gordon Legal, on a mission to fight for the everyday Australian, not the big end of town. The launch of Gordon Le...

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Billabong takeover given green light by shareholders

Billabong takeover given green light by shareholders

The takeover of famous surf brand Billabong (ASX: BBG) has been given the go-ahead by shareholders on Wednesday with slight adjustments to the initial agreement. At the meeting of shareholders, the takeover of Billabong by Quicksilver parent Boardriders, Inc. (Boardriders) was approved by the majority of shareholders in a deal worth $208 ...

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