New lawsuit

The corporate regulator has filed proceedings alleging superannuation trustee Equity Trustees failed to act in members' best interests by allowing them to sink $65 million into Falcon Capital's First Guardian Master Fund.

A WA insurance broker has brought a $3 million case against insurance broking network Steadfast Group as well as insurers QBE and Allianz, alleging they engaged in anti-competitive conduct in the market for insurance broking services in Australia. 

Adani has asked the court to toss a class action by First Nations landowners over media statements made during a dispute over the Carmichael open cut mine in Queensland.

A Western Australian couple has sued fertility services provider Monash IVF after the company implanted a woman with a different embryo than the one they had donated.

Liquidators for billionaire Sanjeev Gupta’s Tahmoor Coal are planning to bring a case against secured creditor Clydesdale Engineering, challenging its entitlement to be paid out during the liquidation. 

TikTok has hit back at a claim by a former distribution business development director that she was unfairly dismissed after she made workplace complaints, saying her role was made redundant following a restructure.

Collapsed developer FSM alleges Big Six firm Mallesons aided and abetted breaches of duty by its director, who allegedly entered into a refinancing agreement with Ray White Capital that included a 192 per cent interest rate.

US drug maker Pfizer has been hit with a class action alleging it knew or ought to have known about the increased risk that patients who used its injectable contraceptive Depo-Provera could develop brain tumors.

Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.

Defunct developer FSM must hand over transcripts of examination proceedings by its liquidators in a new case against Ray White Capital, Mallesons and others after the liquidators lost their bid for unreacted emails related to financing for an Ashfield development.