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Infrastructure services company Downer EDI has been hit with a class action after revealing "accounting irregularities" that sent its share price tumbling.
The applicant in an underpayments class action against telecommunications contractor Tandem -- which has been stayed since the company entered administration -- has asked a court to abandon the case.
The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.
Companies linked to the wife of the disgraced Banksia Securities class action silk Norman O'Bryan have offered $1.25 million to settle proceedings seeking to recover a $21.5 million judgment for defrauded investors.
The judge overseeing a sex discrimination and harassment lawsuit by the only female partner at global technology research company Information Services Group has lashed out at the parties for proposing to call a parade of 16 witnesses and estimating the trial would take three weeks.
Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.
A law firm's debt for an unpaid bill is maintainable over files sought by a client in a saga dating back to 1993, despite the statute of limitations barring the firm from recovering its fees, a court has found.
Property and hotel giant Meriton is the latest company to fall victim to a cybersecurity breach, which exposed information held by the company on almost 2,000 guests and staff.
An appeals court has partially sided with Toyota in a challenge to the damages bill assessed by a judge in a class action over defective diesel filters, saying the reduction in value of affected cars should be assessed at 10 per cent, not 17.5 per cent, of the price paid by motorists.
Artisanal chocolate brand Koko Black has brought legal action against rival chocolate maker Kokopod and its owner, alleging they are infringing on Koko Black's trade marks.