Lithium prospecting company AVZ Minerals is facing a potential class action for allegedly misleading shareholders about its ownership rights to its flagship lithium project in the Democratic Republic of Congo.
A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and may face a liquidators’ challenge that could see a group members recover nothing.
The High Court won’t hear an appeal by payday loan providers Cigna and BHF seeking to challenge a Full Court judgment that found they can’t dodge the obligations contained in the National Credit Code through their lending model.
ASIC has filed a lawsuit against Finder Wallet, a subsidiary of comparison website Finder.com, alleging the company breached various requirements in relation to its crypto product Finder Earn.
The Australian unit of the world’s largest cryptocurrency exchange, Binance, has been fined $2 million for sending million of emails that violated spam laws.
Ashurst has lured a partner from Hall & Wilcox as the firm looks to expand its Sydney real estate team.
Former Liberal staffer Brittany Higgins who accused former colleague Bruce Lehrmann of rape has settled her civil claims against the Commonwealth.
The Australian Competition and Consumer Commission has raised preliminary competition concerns about Endeavour Group’s proposed acquisition of the Beachfront Hotel north of Darwin, saying it could stymie competition in the local market for takeaway liquor.
The former chief financial officer and chief risk officer of South Australian industry super fund Statewide Superannuation have been hit with criminal charges related to the procurement of services from financial services platform Cosight.
The Australian Competition and Consumer Commission has taken online florist Bloomex to court for allegedly violating the Australian Consumer Law by posting misleading customer ratings on its website.