Fixed income specialist FIIG Securities has been ordered to pay $2.5 million for cybersecurity failures which led to a cyberattack that exposed the data of 18,000 clients, the first penalty of its kind secured by ASIC.
The state of Victoria has given fast-track approval to two battery energy storage systems, the latest renewable projects expedited through the state’s Development Facilitation Program.
The High Court has declined to grant special leave to a prefab home builder that was hit with $500,000 in damages for engaging in misleading and deceptive conduct by convincing a couple to vary their contract to allow the use of cladding they had previously rejected.
Aristocrat has fended off the Commissioner of Patents’ challenge to a finding that its Lightning Link poker machine is capable of being patented, with the High Court declining to weigh in on the patent for a second time.
The High Court has agreed to weigh in on a case that argues Bitcoin is not property capable of being possessed.
One of the firms that secured a record $230 million settlement in a class action on behalf of NSW doctors is still on the case, firing off a class action against Sydney’s St Vincent’s Hospital for allegedly underpaying junior doctors.
Sarah Court has been appointed as the first female chair of the Australian Securities and Investments Commission in the regulator’s 35-year history.
Nine has lost its bid for a 50-year suppression order over the details of a settlement reached with Ben Roberts-Smith’s former mistress, with a judge finding it would be useless given the settlement has already been covered in the media.
A funder that unsuccessfully sued the plaintiffs to recover funds advanced for a lawsuit against Transport for NSW over the compulsory acquisition of land for the WestConnex highway project has lodged an appeal.
Lendlease has appointed a new CEO for development, as the company looks to lock down $10 billion in new projects by the end of the financial year.