Law firm Maurice Blackburn said their clients want to recover income they claim is lost as a result of Uber allegedly operating without proper licences for their drivers and vehicles. “It is shaping (up) as one of the largest class actions in Australian history,” said the firm’s head of class actions Andrew Watson. “Make no mistake, this will be a landmark case regarding the alleged illegal …
Law firm Maurice Blackburn said their clients want to recover income they claim is lost as a result of Uber allegedly operating without proper licences for their drivers and vehicles. “It is shaping (up) as one of the largest class actions in Australian history,” said the firm’s head of class actions Andrew Watson. “Make no mistake, this will be a landmark case regarding the alleged illegal …
Australia is suing the local arm of Volkswagen for allegedly misleading customers by selling modified vehicles that covered up emissions fraud. Its consumer watchdog claims Volkswagen intentionally sold more than 57,000 such vehicles over a five-year period. The Australian Competition and Consumer Commission (ACCC) is seeking a public declaration of misconduct, financial penalties and …
Governments, investors and car owners around the world are gaining ground in efforts to pressure Volkswagen AGVLKAY -0.82 % for settlements over its emissions-cheating scandal, aiming for terms similar to a $15 billion U.S. agreement. From Australia to South Korea to Ireland, governments and consumers are ratcheting up legal and regulatory demands in part because such moves in the U.S. yielded …
Australia’s four biggest banks said on Thursday they were among 17 global lenders being sued by U.S. funds for alleged benchmark interest rate rigging, denying the claims and pledging to contest the action. The suit follows ongoing court action on the matter by Australian regulators, and comes amid increasing scrutiny by global watchdogs on potential market manipulation. Recent investigations …
New Zealand Ford cars could be caught up in an Australian class action over reported transmission problems in a range of models. Lawyers claim more than 60,000 cars in Australia are “unsafe to drive”, including the Fiesta Hatchback, Focus and the EcoSport SUV. Ford NZ carries largely the same vehicles as its Australian counterpart, including vehicles with Ford’s PowerShift transmission.
Officials say Australian author and blogger Belle Gibson faces a possible government lawsuit after admitting that she lied about beating a normally deadly brain tumor through healthy eating and natural therapies. The 24-year-old social media entrepreneur and author of “The Whole Pantry,” a cookbook that detailed her purportedly life-saving diet, admitted a year ago that …
The hulking write-down on Slater’s UK acquisition Quindell has put the company in a ‘financially precarious’ position. Ambition before fall as law firm Slater & Gordon faces possible class action
Slater & Gordon is now valued at $80 million, a fraction of its $2.75 billion value a year ago. An ambitious Australian company spends up big on a massive overseas asset. …