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CBA class action judge may weigh impact of two failed shareholder cases
Securities 2024-01-22 11:10 pm By Cindy Cameronne

Awaiting judgment in Federal Court class actions by shareholders over its money laundering risk disclosures, the Commonwealth Bank will ask the court to reopen the […]

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Penta Capital fined for alleged false claims of $6.9B under management
ASIC 2024-01-22 2:47 pm By Cindy Cameronne

The Australian Securities and Investments Commission has handed Queensland investment firm Penta Capital a $53,280 fine for allegedly making false statements on its website, including […]

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Government rejects $510M settlement offer in live exports class action
Class Actions 2024-01-19 5:22 pm By Cindy Cameronne

The Minister for Agriculture has rejected an offer to settle a nine-year-old class action over the government’s 2011 ban on the live export of cattle […]

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App store class actions funder can view ‘sensitive’ Apple data
Class Actions 2024-01-19 5:09 pm By Cindy Cameronne

Apple has failed to prevent a funder from accessing data that will allow it to estimate potential damages in a class action it’s bankrolling over […]

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Judge slams Tesla’s ‘unrealistic’ bid for urgent arrest warrant over whistleblower docs
Intellectual Property 2024-01-19 4:25 pm By Cindy Cameronne

A judge has criticised Tesla’s bid for an urgent arrest warrant against a NSW man who allegedly published material leaked by a former employee about […]

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‘Confusing maze’: ALRC calls for overhaul of Corporations Act
Policy and Regulation 2024-01-18 10:08 pm By Cindy Cameronne

The Australian Law Reform Commission has recommended extensive reforms to the “confusing maze” that is the Corporations Act, including the creation of a standalone financial […]

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Referee who accused NRL of bullying loses unfair dismissal suit
Employment 2024-01-18 4:48 pm By Cindy Cameronne

A former National Rugby League referee has lost his unfair dismissal lawsuit alleging he suffered bullying and victimisation, with a judge finding the league did […]

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Funder of failed IP case can’t dodge indemnity costs
Intellectual Property 2024-01-18 5:26 pm By Cindy Cameronne

A litigation funder must pay indemnity costs to CoreLogic after bankrolling a photographer’s unsuccessful copyright claim against the property data analytics company, with an appeals […]

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Australia to go its own way on AI by targeting high-risk uses
Policy and Regulation 2024-01-17 10:13 pm By Cindy Cameronne

The Albanese government will focus the country’s AI regulation on high-risk settings such as healthcare, opting for voluntary codes for less risky uses to allow […]

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Confused employers left ‘trigger-happy’ after new sexual harassment laws, says Dentons partner
Employment 2024-01-17 1:53 pm By Cindy Cameronne

Increased obligations to address and prevent sexual harassment passed in late 2022 have left some employers confused about their obligations and, in some cases, eager […]

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