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Investment manager charged with forging portfolio report
ASIC 2023-07-31 10:46 pm By Cat Fredenburgh

An investment manager has been arrested and charged with providing prospective investors with forged portfolio reports.

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Judge blasts Pitcher Partners’ ‘terrible’ argument in $127M appeal against Twigg family
Appeals 2023-07-25 11:26 pm By Cindy Cameronne

An appeals court has taken Pitcher Partners to task in its appeal seeking to throw out a lawsuit over the accounting firm’s alleged involvement in race car driver Max Twigg’s misappropriation of $127 million from his family. 

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NAB event planner Helen Rosamond sentenced to 15 years for $19M fraud
Financial Services 2023-07-20 4:35 pm By Christine Caulfield

Former director of event management company the Human Group, Helen Rosamond, has been sentenced to a 15-year aggregate term of imprisonment for defrauding NAB of $19 million, and will have to serve eight years of the sentence behind bars.

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Norton Rose snags class action ace from US, elevates arbitration expert
Arbitration 2023-07-20 2:28 pm By Cindy Cameronne

Norton Rose Fulbright has snagged a class action lawyer with decades of US legal experience and elevated an arbitration expert who worked at a New York white shoe law firm to be partners in its Sydney and Perth offices. 

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Jury finds for AFP in childcare operators’ defamation case over press conference
Defamation 2023-07-19 4:37 pm By Christine Caulfield

The operators of a childcare business have failed to persuade a jury that a press conference by the Australian Federal Police about an alleged multimillion dollar government benefit fraud was defamatory.

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Judge shuts down fight over class action evidence delay after solicitor’s death
Class Actions 2023-07-19 3:49 pm By Cindy Cameronne

A judge has allowed the applicants in a class action against a law firm extra time to file evidence after the death of the solicitor on record, despite protests from the firm, which is accused in the case of liability for the alleged fraud of a former employee.

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SkyCity may test AUSTRAC’s mettle at trial, judge says
Allens 2023-07-14 9:36 pm By Cindy Cameronne

SkyCity may be the first company to test the strength of AUSTRAC’s claims in court, according to a judge who recently said in a separate case that the regulator’s habit of agreeing to penalties could give rise to a “moral hazard”.

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Lawyer says reconvening Robodebt class action right way to compensate victims
Class Actions 2023-07-10 11:21 pm By Cat Fredenburgh

A lawyer behind a settled class action against the previous government’s Robodebt disaster has called for the case to be reconvened in the wake of a report that blasted the “crude and cruel” scheme, as Government Service Minister Bill Shorten suggests victims could sue individual Coalition ministers.

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Bruck Textile bigwigs to stand trial on charges over unpaid redundancies
ASIC 2023-06-30 1:25 pm By Gareth Baker

Executives of collapsed Bruck Textile Technologies have been committed to stand trial on charges alleging they schemed their way out of making more than $3 million in redundancy payments to their 58 employees. 

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Nine can rely on reputation evidence in Euro Pacific CEO’s case
Dauid Sibtain 2023-06-27 4:35 pm By Cindy Cameronne

Nine has partially won its bid to include evidence about the reputation of Euro Pacific CEO Peter Schiff in an attempt to minimise the damages it will owe after abandoning its substantive defences in defamation proceedings by the bank boss.

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