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CIMIC settles shareholder class action over corruption disclosures
Class Actions 2019-12-20 1:17 pm By Cat Fredenburgh

Engineering services company CIMIC has agreed to settle a long-running shareholder class action launched in the wake of media reports of an alleged $42 million […]

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Banks want to grill ANZ cartel case witnesses on late evidence by ACCC
Competition & Consumer Protection 2019-12-10 6:58 pm By Miklos Bolza

The banks and executives facing criminal charges over alleged cartel conduct related to ANZ’s $2.5 billion share placement in 2015 will fight to widen their […]

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JPMorgan witness disputed existence of ANZ cartel ‘agreement’ court hears
Competition & Consumer Protection 2019-12-06 9:45 pm By Miklos Bolza

A key witness from JPMorgan previously contested claims by the ACCC that a key component of an alleged cartel arrangement between four major banks around […]

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Garmin settles misuse of market power case by largest Australian supplier
Competition & Consumer Protection 2019-11-19 3:53 pm By Christine Caulfield

Garmin has reached a settlement in a competition case brought by its former exclusive Australian distributor alleging the GPS technology giant misused its market power […]

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Bail conditions set in obstruction case against former BlueScope exec
White Collar 2019-11-05 3:42 pm By Miklos Bolza

Bail conditions have been set for a former BlueScope Steel executive charged with obstructing an Australian Competition and Consumer Commission criminal cartel probe into the […]

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ACCC’s cartel case against BlueScope years in the making, court told
Cameron Moore 2019-11-01 11:13 pm By Christine Caulfield

The competition regulator has been probing alleged cartel conduct by steel giant BlueScope for a number of years, counsel for the company told a court […]

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BlueScope avoids criminal cartel charges, but exec accused of obstructing ACCC probe
Competition & Consumer Protection 2019-10-08 11:56 am By Christine Caulfield

Prosecutors will not lay charges against BlueScope Steel over an alleged price-fixing conspiracy, but its former general manager of sales faces possible jail time after […]

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CIMIC had no chance of winning stay of competing class action, judge says
Class Actions 2019-09-20 8:36 pm By Miklos Bolza

A judge has ordered engineering services firm CIMIC Group to pay the costs of a 2017 attempt to stay a competing class action against it, […]

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Steel giant BlueScope could face criminal charges over alleged cartel
Competition & Consumer Protection 2019-09-18 10:08 pm By Christine Caulfield

Prosecutors are weighing criminal charges over alleged cartel conduct the subject of a price-fixing case by the ACCC against BlueScope Steel and former general manager […]

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CIMIC attacks ‘forests of contingencies’ in class action pleadings
Class Actions 2019-09-04 2:26 pm By Miklos Bolza

Engineering services firm CIMIC Group has attacked the pleadings in a shareholder class action against it, saying needlessly convoluted paragraphs containing a “numerically vast number […]

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