ASIC has sued superannuation trustee Diversa for investing $300 million in retirement savings into Falcon Capital’s failed First Guardian Master fund.
Woolworths has been hit with a shareholder class action for underpaying workers hundred of millions of dollars, with investors alleging the supermarket giant issued inflated financial statements by failing to account for proper staff remuneration.
Two teenagers have brought a High Court challenge to the government’s ban on children under 16 using social media, arguing that it is unconstitutional because of its burden the freedom of political communication.
Electro Optic Systems has admitted continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts, with ASIC filing a $4 million lawsuit against the defence firm and another against its co-founder.
The founder of Schreuder Compensation Lawyers has sued the firm and its receivers after his employment was terminated in November last year, claiming he is owed nearly $700,000 in wages and other benefits.
Building giant CIMIC, formerly known as Leighton, has sued South Australia property developer Leyton Property for trade mark infringement, alleging its marks are deceptively similar.
Keybridge Capital has filed a lawsuit against E&P Investments seeking $1.7 million in compensation over the allegedly unfair conversion of almost 40,000 URFPA units held in E&P’s New York real estate investment fund as part of a share buyback program.
The developer of a 17-storey social housing in Greenborough, Victoria has filed a lawsuit against Melbourne developer Alpha14 Property Group seeking declarations that it has no interest in the property.
The owner of Sydney developer Coronation Property has sued Fairfax for defamation over a Sydney Morning Herald story that allegedly linked him to arson attacks on two childcare centres and the home of YouTuber Jordan Shanks.
Woolworths Group’s chief growth officer is taking the supermarket giant to court, claiming she faced excessive workloads and discrimination after she was diagnosed with an aggressive form of breast cancer.