Most Recent
In latest setback for shareholder class actions, judge finds Iluka did not breach disclosure rules
Investors have lost their class action against Perth-based Iluka Resources, the latest shareholder class action to fail after pushing through to trial.
ASIC grills brother of former Nuix CFO as part of insider trading probe
The corporate regulator has confirmed it has questioned the brother of former Nuix CFO Stephen Doyle and might seek further examination as part of its ongoing investigation of the troubled tech company.
Class action against Hog’s Breath Cafe can’t dodge $1.2M security
Franchisees of the Hog’s Breath Cafe restaurant chain must pay $1.23 million in security for legal costs in their class action against the franchisor, and the matter is stayed until they can pony up the first installment.
Blue Star Helium’s former boss appeals ban over ill-fated Texas oil asset sale
The former CEO of Blue Star Helium is challenging a ruling that slugged him with a $40,000 penalty and a four-year ban for failing to disclose to shareholders the identify of the buyer behind a botched sale of Texas oil assets.
Banksia class action lawyer loses practicing certificate in ‘bombshell’ move by watchdog
The solicitor who was found to have acted as a "postbox" to conceal conflicts of interest in the Banksia class action has lost his practicing certificate ahead of a hearing to show cause why he should remain on the roll.
Meta, Instagram lose appeal bid to arbitrate startup’s competition case
An appeals court has dismissed a second attempt by Meta and Instagram to shut down a misuse of market power case by a Melbourne-based social media startup.
Salter Brothers investment in advisory firm Hendry Group ‘worthless’, court hears
Salter Brothers' multmillion dollar investment in advisory firm Hendry Group is worthless, a court has been told in the fund manager's case alleging it was the victim of miseleading representations.
RMS Engineering settles workers’ class action over meal breaks
Queensland-based RMS Engineering and Construction has settled a class action alleging it refused to give staff meal breaks and threatened those who complained about excessive hours.
Three spots open up on Federal Court as judges retire early
Two Federal Court judges are stepping down before the compulsory retirement age, one of whom was elevated to the bench just two years ago.
Money transfer business directors face jail in first criminal cartel sentencing of individuals
The directors of two money transfer businesses will be the first individuals to be sentenced for criminal cartel offences after pleading guilty Thursday to charges over the fixing of foreign exchange rates.