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Class action firms circle Cochlear over $4B market cap dive
Hearing implant giant Cochlear faces a second shareholder class action following two forecast downgrades that wiped billions of dollars from the company's market value.
Class action targets NSW over $144M in unlawful merchant fees
The NSW government has been hit with a class action alleging it ignored legal advice that merchant fees charged to residents on transactions, which included drivers licence renewal payments and parks passes, were unlawful.
‘No altruistic case’: Judge says Blue Sky founder must pay class action security
A class action over the collapse of asset manager Blue Sky has been ordered to pay $630,000 in security for the costs incurred by the respondents in defending against the claims of insider trading.
Hall & Wilcox lures HWL Ebsworth cyber expert
A cyber and technology pro has joined Hall & Wilcox's partnership, in a move to boost the firm's cyber capability.
Construction PRO
TasPorts loses appeal over damages in lease row with Resources Australasia
Wood pellets manufacturer Resources Australasia has largely won the second of two appeals in a lease dispute with Tasmanian Ports, which centred on the assessment of damages.
Construction PRO
Payton Capital manager’s investment complaints not behind axing: court
Property investor Payton Capital has largely defeated a former state manager's case, with a court finding his disclosures about two investments were not a substantial or operative factor behind his dismissal.
Construction PRO
Court tosses cricket club’s AI-assisted case over lease
The Queensland Court of Appeal has thrown out a case by a local cricket club that sought to challenge a regional council's decision over a park lease, a case it said was a lesson in the perils of using AI instead of lawyers.
Netwealth hit with new class action over First Guardian fund
Superannuation trustee Netwealth has been hit with a second class action linked to its offering of the failed First Guardian fund, in which members sunk $100 million.
IAG finalises settlement in $2.8B Credit Suisse case over Greensill
Insurance Australia Group said Friday it had settled the $2.8 billion claims of Credit Suisse over the collapse of supply chain financier Greensill Capital.
Big Un’s former boss sentenced for sharing inside information
The former chief executive officer of Big Un, Richard Evans, has been convicted and sentenced for communicating insider information to a shareholder of the defunct video producer.