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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales […]

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire […]

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‘A Pyrrhic victory’: Class action up for Worley’s costs after failing to prove loss
Class Actions 2024-03-07 3:59 pm By Christine Caulfield

Despite succeeding on a number of claims, the applicant in a tortuous shareholder class action against Worley must foot the engineering services company’s bill for […]

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Worley shareholder class action takes another trip to appeals court
Class Actions 2024-02-07 11:09 pm By Christine Caulfield

It’s a case of déjà vu in a class action against engineering services company Worley, with shareholders heading back to the appeals court after losing […]

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Telstra pushes off hearing in $45M fight with former contractor
Telecommunications 2024-02-07 11:04 pm By Sam Matthews

Telstra has won its bid to vacate a hearing in a case by former contractor Kingfisher Mobile seeking to bar the telco from migrating customers […]

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‘Turning around the Titanic’: Telstra fights bid to halt switch to new contractor
Telecommunications 2024-01-31 4:35 pm By Cindy Cameronne

Telstra will oppose a bid by former contractor Kingfisher Mobile to bar the telco from migrating customers to a new mobile services provider, saying that […]

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Telstra sued for $45M over mobile services contract
New lawsuit 2024-01-24 10:26 pm By Cat Fredenburgh

Kingfisher Mobile, which provides mobile services to Telstra customers, has taken the telecommunications giant to court for allegedly breached its contractual obligations when it engaged […]

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In class action re-do, Worley shareholders establish breach but fail to prove loss
Class Actions 2023-12-19 9:44 am By Christine Caulfield

Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class […]

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Judge warns against blanket confidentiality claims in settlement approval applications
Class Actions 2023-08-08 1:41 pm By Sam Matthews

The judge asked to approve a settlement in a class action against retirement village provider Aveo has sent a shot across the bow to law […]

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Oil spill class action firm wins settlement hearing fees, including bill for tax advice
Class Actions 2023-07-25 5:38 pm By Christine Caulfield

Despite a judge’s complaint that class action costs are generally “out of control”, the law firm that secured a $192.5 million settlement and earned about […]

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