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A shareholder class action against KPMG and ex-Arrium directors says the company's accounts were infected by "chronic and systemic overoptimism", with the former operator of Whyalla Steelworks portraying as viable a business that was impaired up to $2.8 billion.
A shareholder class action against Nuix has argued that its IPO should never have gone ahead, taking the court to email exchanges about its history of disappointing results, which the tech company's former CFO called "worse than terrible".
Sportsbet's 'fast code' betting system was not a genuine telephone betting service because customers had already transmitted information before making the call, according to a class action which argues punters would not have placed bets had they known the system was illegal.
Aircraft manufacturer Airbus and the Commonwealth have been hit with a class action by the family members of four aviators who were killed when an army helicopter crashed off the coast of Queensland in 2023.
Auditing firm Auditeo is accused of serious failures in the latest action by the corporate regulator over the collapse of the First Guardian investment fund.
A banned financial advisor who is suing former employer AMP Financial Planning for alleged unconscionable conduct is seeking to join AMP Bank to the case, claiming it made fraudulent misrepresentations.
A former director of defunct Falcon Capital has won a fight with ASIC over a proposed travel ban extension, following an emotional plea to a court in which he claimed to be a whistleblower.
A report into a bus crash in NSW's Hunter Valley that killed 10 passengers has found that while the interchange where the crash occurred met all road safety standards, additional engineering controls and design guidance could have reduced the risk of a fatal rollover.