Securities
ASIC loses case against Nuix over disclosures after $1.8B float
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
Energy & Natural Resources
Fortescue plans $960M green energy expansion to meet data centre demand
Mining company Fortescue will invest US$680 million ($960 million) to develop new green energy infrastructure in Western Australia's Pilbara region for new industry, including the booming data centre sector.
Defamation
Producer thought actress suing Rebel Wilson a ‘troublemaker’, trial hears
A producer of Rebel Wilson's directorial debut film 'The Deb' said Friday she had reservations about the honesty of actress Charlotte MacInnes after MacInnes allegedly made a complaint about her.
Competition & Consumer Protection
Did Woolworths pull wool over customers’ eyes with Oreo price? ACCC says yes
Was inflation at work, or deception, when Woolworths' advertised the Oreo Family Pack as a 'Prices Dropped' special of $4.50 in December 2022, when the biscuits had been selling for $3.50 just three weeks earlier?
Trials
Rebel Wilson accused of ‘orchestrating’ Snapchat photo leak
Actor and director Rebel Wilson has been accused of involvement in hacking the Snapchat account of 'The Deb' actress Charlotte MacInnes and leaking a photo of the fledgling star.
Employment
Kyle Sandilands says his treatment of Jackie ‘O’ was ‘contractually desired’
A barrister for KIIS FM shock jock Kyle Sandilands has responded to allegations that he bullied co-host Jackie 'O' Henderson by claiming his behaviour was desirable under his contract, saying “if you buy Kyle, you get Kyle”.
Competition & Consumer Protection
Judge hits Emma Sleep with $18M penalty, half of what ACCC sought
A judge has hit mattress retailer Emma Sleep with an $18 million penalty after it admitted to repeatedly misleading consumers about discounts, saying the ACCC's proposed $36 million was not needed to achieve deterrence, noting there was no financial loss to consumers.
Intellectual Property
In major trade mark win for A2 Milk, judge finds ‘a2’ not a generic description
A2 Milk has won a long-running lawsuit alleging Care A2 Plus infringed its trade marks, with a judge finding the infringement was flagrant and rejecting arguments that 'a2' is descriptive of a type of milk that only contains the a2 protein.
Class Actions
Class action alleges Pfizer knew of Depo-Provera’s brain tumor risks
US drug maker Pfizer has been hit with a class action alleging it knew or ought to have known about the increased risk that patients who used its injectable contraceptive Depo-Provera could develop brain tumors.
Trials
The Deb actress says Rebel Wilson ‘very difficult’ to be around
Actress Charlotte MacInnes has told a court she did what she could to "preserve a professional relationship" with Rebel Wilson despite the director and comedy actor being "very difficult" to be around.
