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Carriage fight on the cards as third IC Markets class action filed
Class Actions 2024-03-18 3:39 pm By Sam Matthews

A third law firm has filed a class action against International Capital Markets, after failing to reach an agreement on joining forces with two other […]

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Blue Sky founder may have insider trading claims over release of Glaucus report, judge says
Securities 2024-03-15 11:08 pm By Sam Matthews

Blue Sky’s founder and former managing director Mark Sowerby has won orders requiring a director of US hedge fund Glaucus to produce documents relating to claims the short-seller shared information with market participants before releasing a report which sent Blue Sky’s shares into a tailspin.

EY sued by sacked partner over ‘excessive’ punishment for alleged misconduct
Employment 2024-03-13 4:52 pm By Cindy Cameronne

A former lead partner in cybersecurity has sued Ernst & Young for expelling him after he was accused of threatening employees and mistreating female staff, […]

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Law firms to join forces in class actions over risky CFDs
Class Actions 2024-03-13 9:06 pm By Cat Fredenburgh

A carriage fight may be avoided in a class action against Sydney broker International Capital Markets over risky contracts for difference after two law firms […]

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NAB settles trade mark spat with You Need A Budget app
Intellectual Property 2024-03-12 9:21 pm By Cat Fredenburgh

National Australia Bank has resolved trade mark proceedings brought against US budgeting app You Need A Budget, alleging the YNAB app, which helps users manage […]

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Class action launched against Lendi Group over mortgage insurance
Class Actions 2024-03-06 3:21 pm By Christine Caulfield

Mortgage broker Lendi Group and insurer ALI Group face a class action over the sale of allegedly worthless insurance policies to homeowners. Shine Lawyers has […]

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ACCC won’t appeal loss in challenge to $4.9B ANZ, Suncorp merger
Competition & Consumer Protection 2024-03-05 9:52 pm By Cat Fredenburgh

The competition regulator will not appeal a tribunal ruling that set aside its decision to block the $4.9 billion merger between ANZ and Suncorp, but […]

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Afterpay can’t block iSignthis from trade marking ‘Clearpay’ for ASX rival
Intellectual Property 2024-03-04 10:13 pm By Cat Fredenburgh

Afterpay has failed to block fintech iSignthis from registering ‘Clearpay’ as a trade mark for its blockchain-based trading system, with an IP Australia delegate finding […]

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ASIC wins bankruptcy orders against ‘ASX Wolf’ Tyson Scholz
Financial Services 2024-02-29 5:50 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won sequestration orders against Gold Coast ‘finfluencer’ Tyson Scholz after he failed to pay the regulator’s costs in […]

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Finfluencer’s $60,000 settlement offer no better than declaration of TM infringement, court says
Intellectual Property 2024-02-29 11:17 pm By Christine Caulfield

A ruling that finfluencer Canna Campbell infringed a rival’s ‘financial foreplay’ trade mark but owed zero damages was not a less favourable outcome for a […]

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