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Arnold Bloch Leibler sues Slater and Gordon to use docs in class action defence
Facing a class action by shareholders alleging negligence over advice to Slater & Gordon, law firm Arnold Bloch Leibler is bringing proceedings against its former client to use files in defence of the case.
ANZ wants to know if ACCC pressured ASIC to drop JP Morgan case
ANZ is seeking information on whether the ACCC put pressure on ASIC to not pursue proceedings against JP Morgan over a $2.5 billion share placement that is at the centre of a closely watched criminal cartel case, saying the matter raised a "serious question" about potential abuse of power by the regulators.
Funder of second settled Murray Goulburn class action hires lawyers to fight for commission
The entrepreneur who funded one of two settled Murray Goulburn class actions will defend his $10.5 million cut of the $37.5 million settlement, a commission that is under scrutiny by a contradictor appointed by the judge overseeing the case.
‘Bad publicity’ no reason to stay ASIC ban of ex-NAB adviser, tribunal says
A former Adelaide financial advisor that worked for a subsidiary of National Australia Bank has lost his bid for a temporary stay of a five-year ban for allegedly recommending that clients invest in failed fintech start-up Bux Global, after arguing the bad publicity could negatively affect the impending sale of his business.
CFMEU hit with lawsuit for taking action over DP World automation
The CFMEU is facing a lawsuit by four units of DP World Australia Group after refusing to accept the terms of four proposed enterprise agreements unless the stevedoring giant guaranteed it would not automate its terminals.
Facebook, Instagram to be barred from locking out users of Aussie social media startup
A judge is expected to issue a temporary injunction Thursday barring Facebook and Instagram from blocking users who are customers of a Melbourne-based social media startup that has accused the companies of trying to quash competition.
Top NRL player agent Sam Ayoub wins case against protege who poached 18 players
Veteran NRL player agent Sam Ayoub has won his case against his former protege and another employee who left his Ultra Management Sports agency in 2017 and took 18 players with them.
Sydney financial advisor hit with $14.5M class action by Chinese investors
A Sydney-based financial advisory firm has been hit with a class action by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.
Deliveroo defends against wage theft case, says rider admitted he was a contractor
Online food delivery platform Deliveroo has defended its business model in a wage theft case brought by a former delivery rider, saying he acknowledged he was an independent contractor when he signed up.
Crown wins challenge to ‘impermissible’ order letting jailed staff talk to class action firm
Crown Resorts has successfully challenged a ruling allowing law firm Maurice Blackburn to communicate with 18 formerly jailed employees to gather evidence in its shareholder class action against the casino giant.