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Directed Electronics appeals partial loss in case over ‘reprehensible’ trade secrets theft
Intellectual Property 2023-04-14 11:38 pm By Christine Caulfield

Car electronics company Directed Electronics has challenged a ruling that partially dismissed its case over the alleged misappropriation of trade secrets by a former manager, who was found to have pocketed $3.6 million in commissions through a secret agreement with rival Hanhwa.

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Law firm gets interim $22.6M from J&J settlement, promises to return any excess
Class Actions 2023-04-06 3:15 pm By Christine Caulfield

Shine Lawyers can deduct 50 per cent of its fees and all of its costs from a $300 million settlement in pelvic mesh class actions against Johnson & Johnson while a judge mulls whether the law firm’s total bill is fair and reasonable.

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Class action seeks court OK to drop case after teleco contractor fails
Employment 2023-04-04 5:26 pm By Christine Caulfield

The applicant in an underpayments class action against telecommunications contractor Tandem — which has been stayed since the company entered administration — has asked a court to abandon the case.

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ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
Corporate 2023-04-04 3:29 pm By Christine Caulfield

The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.

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Fraud charges against ailing Octaviar director dropped
Financial Services 2023-04-03 3:31 pm By Christine Caulfield

Prosecutors have dropped its fraud case against the former chief financial officer of a unit of collapsed Gold Coast finance company Octaviar Investments, citing his poor health.

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Albanese taunts ex-AG Christian Porter over team-up with Clive Palmer
Energy & Natural Resources 2023-03-30 10:51 pm By Sam Matthews

Prime Minister Anthony Albanese has derided former Attorney-General Christian Porter for reportedly leading Clive Palmer’s $300 billion arbitration claim against the federal government.

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Downer EDI faces class action threat over accounting irregularities
Construction 2023-03-21 3:29 pm By Cat Fredenburgh

Downer EDI is facing a possible shareholder class action after the construction giant revealed accounting irregularities had caused it to overstate its revenue by as much as $40 million.

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Tesla Australia director gets suspended sentence for insider trading
Securities 2023-03-21 8:22 am By Christine Caulfield

Tesla Motors Australia former director Kurt Schlosser has been given a suspended sentence for trading in shares of a lithium supplier based on insider information.

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Shareholder class action targets Fletcher Building for ‘misleading’ FY17 forecasts
Construction 2023-03-14 5:04 pm By Christine Caulfield

Shareholders have brought a class action in Australia against New Zealand-based Fletcher Building, alleging the company failed to disclose material information relating to its construction division.

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The top litigation law firms of 2022
Litigation Law Firms of the Year 2023-03-03 6:35 am By Cat Fredenburgh

Lawyerly’s Litigation Law Firms of 2022 racked up precedent-setting victories in a year that continued to see major developments in class action law.

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