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The former boss of Metigy has been sentenced to nine years behind bars after pleading guilty to misusing company funds and providing false information to investors, who pumped $40 million into the AI start-up.
The lead shareholder in class actions against CBA has urged the High Court to take a "common sense" approach to loss causation in securities cases, as endorsed by the Full Federal Court in last month's ruling for Worley's investors.
Construction PRO
Super fund trustee REST Nominees is the first of the Dexus bloc of APAC shareholders to challenge a finding that a default notice issued by the board of the airport operator was valid.
Construction PRO
After a successful appeal of a decision found to be "personal and idiosyncratic", a Sydney developer can move ahead with plans to demolish a boarding house to make way for four luxury residences in Paddington.
Construction PRO
Building giant Lendlease has told besieged auditor KPMG it expects to be compensated for the cost of dealing with the fallout of the accounting giant's misuse of its confidential data.
Law firm Allens has told a parliamentary committee that a court should weigh in on whether parliament's powers to compel information overrode KPMG's legal privilege, as the auditor resists orders to produce documents.
Construction PRO
Hall & Wilcox has hired a property and disputes lawyer and his team of three to build out its offering in Adelaide.
Construction PRO
The trustee for Dexus' airport fund is seeking judicial advice on a possible challenge to a court decision forcing it to relinquish a lucrative stake in the operator of Tullamarine.
Construction PRO
A class action by the owners of a residential Sydney building is challenging a ruling for Alucobond panel maker 3A Composites and supplier Halifax Vogel, which found developers were responsible for ensuring the cladding's safety.
The Commonwealth Bank wants Cornwalls to pay its costs in a negligence case by a former client, saying the law firm should foot the bill for claiming proportionate liability against the bank.