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‘These results are not accidental’: GetSwift saw ASX as ‘cheap way’ to boost share price, ASIC says
Émails show the directors of logistics company GetSwift took a "deliberate approach" to inflating the company's share price through a constant supply of positive ASX announcements about new multimillion-dollar contracts, ASIC said on the first day of a highly anticipated five-week trial.
Westpac could face more AUSTRAC claims as child exploitation scandal deepens
Westpac is facing the possibility of more claims in proceedings brought by AUSTRAC over anti-money laundering breaches, with the regulator seeking information on 272 customers who may have been involved in the exploitation of children.
Former Beem It boss drops lawsuit against payments fintech, CBA
The former CEO of Beem It has discontinued her legal claims against the payments fintech co-owner, Commonwealth Bank of Australia, only days after naming the bank in her lawsuit alleging workplace breaches.
Forcing Google, Facebook to pay for news could run afoul of High Court ruling, IP experts say
A group of IP lawyers has warned the Government will have to proceed carefully in establishing a mandatory code under which Google and Facebook would be forced to pay news publishers for content, saying such a move could be struck down under existing High Court precedent.
Bega melts Saputo bid to trade mark cheese cartoon figure
Cheese maker Saputo's proposed trade mark for an adorable cheese cartoon figure is substantially identical to Bega's intellectual property for a 'smiling anthropomorphised' cheese biped and cannot be trade marked, a delegate of the trade marks office has found.
Bayer’s parasite treatment patent bites the dust after challenge by Abbey
Animal health company Abbey Laboratories has successfully challenged an application by rival Bayer Australia for a patent covering a treatment for biting lice.
Commonwealth Bank faces class action over ‘junk’ insurance
The Commonwealth Bank of Australia has become the latest Big Four bank to be hit with a class action over the sales of allegedly worthless insurance products.
Domino’s looks to strike out ‘rolled up, confusing’ underpayments class action
Domino's is seeking to strike out portions of the "rolled up, confusing pleading" in a class action over alleged worker underpayments, saying the case cannot be brought under the consumer law.
Google must hand over ID of bad reviewer to gangland lawyer Zarah Garde-Wilson
Google has been ordered to hand over details of an online reviewer’s identity to gangland lawyer Zarah Garde-Wilson so she can pursue a potential defamation and misleading and deceptive conduct case against the reviewer, which she alleges is a rival law firm.
The house wins: Aristocrat beats out IP Australia in fight over slot machine patents
Gaming giant Aristocrat Technologies has succeeded in its appeal of an IP Australia decision rejecting four of its gaming patents, with a judge finding they were "not a mere scheme" but an actual manner of manufacture.