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Former analyst pleads guilty to Big Un insider trading
White Collar February 25, 2020 2:12 pm By Cat Fredenburgh

A former Maple Brown Abbott analyst has pleaded guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed […]

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Court OKs derivative suit against Pacific Current directors over merger
Securities February 25, 2020 11:35 pm By Cat Fredenburgh

A Pacific Current shareholder has won court approval to bring a derivative lawsuit against certain current and former directors of the funds management company for allegedly breaching their duty of care and diligence in relation to the company’s 2014 merger with US-based Northern Lights Capital Group.

Geowash execs appeal loss in ACCC case
Competition & Consumer Protection February 25, 2020 12:30 pm By Cat Fredenburgh

Two Geowash executives have appealed a ruling that found they were knowingly involved in the car wash franchisor’s unconscionable conduct in its dealings with franchisees.

TAL refutes ASIC claims, stands by denial of coverage for cancer patient
Insurance February 24, 2020 2:24 pm By Cat Fredenburgh

Life insurer TAL has stood by its decision to deny coverage to a cancer patient, which landed it in hot with the Australian Securities and […]

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De Belin says Nationwide News defamed him with ‘rapist’ allegations
Defamation February 21, 2020 9:27 pm By Cat Fredenburgh

Suspended rugby player Jack de Belin has hit the publisher of The Daily Telegraph with a defamation lawsuit over an article, cartoon and tweet that […]

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No end in sight for epic Queensland floods class action
Class Actions February 21, 2020 12:45 pm By Cat Fredenburgh

Dam operator Seqwater will appeal its loss in a long-running class action over the 2011 Queensland floods that destroyed over 2,000 homes, a move derided […]

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Wesfarmers says Target underpaid staff $9M
Employment February 19, 2020 11:24 am By Cat Fredenburgh

Wesfarmers has revealed staff at Target stores were underpaid $9 million, one day after Coles announced at least $20 million in underpayments. The company revealed […]

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Contingency fees bill a ‘handshake’ to Maurice Blackburn, Slater and Gordon, state MP says
Class Actions February 18, 2020 10:47 pm By Cat Fredenburgh

A Victorian politician has slammed a bill that would allow lawyers running class actions in the state to charge contingency fees, calling the proposal a […]

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Liquidators want $6M from directors of failed Gold Coast asset manager
Restructuring & Insolvency February 17, 2020 9:49 pm By Cat Fredenburgh

Two former directors of defunct Gold Coast asset manager Avestra are facing a lawsuit from the company’s liquidators seeking to recover $6 million in alleged […]

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Russells drops cross claim against axed solicitor
Employment February 17, 2020 12:44 pm By Cat Fredenburgh

Russells Lawyers has withdrawn a cross claim against a restructuring and insolvency solicitor who filed an unfair dismissal lawsuit alleging the firm tried to manufacture […]

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