The Australian Securities and Investments Commission has secured a third guilty plea stemming from its investigation into a $180 million Ponzi scheme run by the Courteney House group of companies.
King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that it had to hold client funds used to trade on its online platform on trust.
Juan Martinez, managing partner of Australia’s largest firm by partner count, died suddenly on Monday from a “medical issue”.
A former company secretary of defunct mining and exploration company Continental Coal will spend at least 2 years in jail after pleading guilty to three criminal charges, including stealing $2.2 million and forging a bank statement.
Victorian Liberal Party leader John Pesutto is facing the threat of two more defamation suits by organisers of last year’s anti-trans ‘Let Women Speak’ rally, which was crashed by neo-Nazis.
A carriage fight may be avoided in a class action against Sydney broker International Capital Markets over risky contracts for difference after two law firms agreed to consolidate their cases.
National Australia Bank has resolved trade mark proceedings brought against US budgeting app You Need A Budget, alleging the YNAB app, which helps users manage their finances, steps on its well-known trade mark and will confuse Australians.
Financial crimes regulator AUSTRAC has launched an enforcement investigation into British online betting company Bet365, after receiving an audit report on the company’s compliance with anti-money laundering and counter-terrorism financing laws.
The ACCC will attempt to make online shopping less treacherous for consumers this year, vowing to take enforcement action against misleading influencers, online reviews, in-app purchases and price comparison sites.
The Full Federal Court has found a native title tribunal failed to consider climate change when making a finding in relation to four new petroleum production leases for Santos’ Narrabri gas project in New South Wales.