Events

Stockbroking firm Ord Minnett has challenged a judgment that found it must pay years of wages and other entitlements to a wealth adviser who was only remunerated by commission payments, a decision that could have major repercussions through the industry.

A class action on behalf of Axsesstoday bondholders has reached a settlement with accountants PricewaterhouseCoopers, with a court hearing that group members will get almost 50 per cent of the proceeds. 

Law firm HWL Ebsworth is facing a representative complaint filed with the Office of the Australian Information Commissioner over a 2023 cyber attack, which allegedly compromised the data of 65 government agencies and affected NDIS participants. 

Network Ten has won $2 million in costs against Bruce Lehrmann in his failed defamation case over the broadcaster's coverage of Brittany Higgins' rape allegations, after agreeing to a substantial haircut on its $3.7 million legal bill.

In a loss for the Australian Taxation Office, the Full Federal Court has found that payments made by Asahi Breweries-owned Schweppes to PepsiCo under agreements to sell brands such as Pepsi and Mountain Dew in Australia were not subject to a royalty withholding tax. 

Five federal officers have dropped their defamation case against former ACT prosecutor Shane Drumgold over his complaint concerning their investigation into Brittany Higgins’ sexual assault claims against Bruce Lehrmann.

Epic Games has taken aim at Google for the “untruthful evidence” of its witnesses in the game maker's competition case against the tech giant, as well as its failure to call senior executives to the stand to defend itself. 

A judge has expressed concern about the Australian Securities and Investments Commission's suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it "alarming".

Shareholders of Commonwealth Bank have lodged expected appeals challenging a decision tossing their class actions over alleged lax money laundering compliance, giving the Full Federal Court a chance to clarify when companies must disclose regulatory investigations.

A judge has ordered Transport for NSW to only pay 65 per cent of the costs of a class action over Sydney’s $3 billion light rail construction, finding it was not inappropriate to apportion costs even though the plaintiffs were largely successful.