A former JPMorgan executive has been charged with eight counts of fraud for allegedly misappropriating $940,350 from clients of his defunct companies, Guevara Capital and Online Trading Capital.
A judge overseeing a class action against Colonial First State Investments has raised concerns about a $655 million dividend to CBA, questioning whether group members’ recovery could be in danger.
A senior barrister acting for a class action over the use of allegedly toxic firefighting foam on military bases has slammed an upcoming mediation as a “solemn farce”, as the federal government has said it will not be ready to commit to a settlement.
Former Liberal staffer Bruce Lehrmann has faced cross-examination over text messages to his girlfriend in which he said he received legal advice that he could get “millions” if he filed a defamation case against Network Ten over its airing of Brittany Higgins’ rape allegations, a court has heard.
Boston Scientific’s $105 million settlement of a class action over its pelvic mesh devices has secured court approval, but the costs billed by the law firm running the case will face further scrutiny.
A judge has approved a $300 million settlement in two pelvic mesh class actions against Johnson & Johnson and unit Ethicon — the largest settlement in the history of Australian product liability group proceedings — but a $100 million deduction for legal costs has yet to get the greenlight.
A judge has ordered online bookmaker Entain and the Australian Hotels Association to hand over legal advice concerning their agreement to advertise digital wagering products in NSW pubs so that Tabcorp can decide whether to bring a case.
Opal Tower engineer WSP is battling insurers for builder Icon over coverage for the costs of a class action by residents, telling a court on Wednesday that Icon was liable for alleged structural defects in the building despite having subcontracted the structural design to WSP.
MACH Energy has hit back at a lawsuit by mining executive Nathan Tinkler’s companies that alleges a former general manager misused confidential information to help MACH buy the lucrative Mount Pleasant coal mine.
Ashurst has lured the founding partner of McCullough Robertson’s employment and safety practice to expand its risk advisory offering amid increased regulation in the space.