In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.
Luxury developer Mulpha says a class action’s negligence allegations over the Mulgoa Rise development in Glenmore Park, NSW might warrant cross-claims against subcontractors.
Ten will pay journalist Lisa Wilkinson $1.15 million toward her costs of defending against defamation claims by former Liberal staffer Bruce Lehrmann, who was found by a judge to have raped colleague Brittany Higgins.
Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer’s shareholders.
Atlassian CEO Mike Cannon-Brookes has dragged the former secretary of his private companies to court, alleging he sent sensitive and highly confidential employee files to the billionaire’s estranged wife.
A court has vacated a trial set to begin Monday in the class action against Suncorp unit AAI over add-on insurance, suggesting a settlement is in the works.
A judge has imposed penalties against Star’s former managing director and former CFO as part of settlements reached with the corporate regulator, as trial against nine other executives continues.
WiseTech chair Richad Dammery and three other directors have stood aside following “intractable differences” with remaining board members over the role of founder Richard White.
UK battery developer Pacific Green has sold its Limestone Coast North energy park in South Australia to Palisade Investment Partner’s Intera Renewables for $460 million.
Fortrend Securities breached the Fair Work Act in withholding the bonuses of two financial advisors who jumped to rival Shaw & Partners, a court has ruled.