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The Full Court has heard that a judge's finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.
Coles and Woolworths face a possible second class action over alleged dodgy discounts the subject of enforcement action by the consumer watchdog.
Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
The corporate watchdog is suing the second Big Four bank in two months, alleging NAB mishandled hundreds of hardship applications from vulnerable customers.
Seven Network has resolved a workplace lawsuit by former Spotlight reporter Amelia Saw, but the details of the settlement, like the case itself, are under wraps.
Law firm Holding Redlich has snagged two MinterEllison partners to grow its Canberra office and bolster its offering to government clients.
Coles and Woolworths have been hit with class actions on the back of ACCC proceedings alleging the grocery giants misled consumers with false discounts.
Uber and Melbourne Airport are facing a claim after a blind passenger and his seeing eye dog were allegedly refused rides.
The law firm running a class action against ANZ and superannuation trustee OnePath wants a 29.4 per cent cut of the $50 million settlement, having run the case on a no win, no fee basis.
Law firm HFW has hired two Sydney-based special counsel from Dentons and Meridan Lawyers to boost its growing insurance group.