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Quintis class fails in bid for speedy common fund order
A judge has put a proposal for a common fund order in a class action against sandalwood producer Quintis on hold as the court awaits judgment in an historic challenge to the power of courts to make common fund orders.
TPI agrees to stop selling high codeine poppy seed, for now
Poppy processor TPI Enterprises has agreed to stop selling seed from high codeine poppy plants while it defends a lawsuit by rival Tasmanian Alkaloids alleging TPI infringed two of its innovation patents for high codeine-concentrated poppy.
Cryptocurrency exchange provider fined for continuous disclosure breach
Technology solutions firm Byte Power Group has paid a $33,000 penalty for violating its continuous disclosure obligations by telling shareholders a proposed cryptocurrency exchange was "well advanced" when development yet to begin.
Mining exec gets 18 months for insider trading
A former mining executive has been sentenced to 18 months in prison for buying shares in ASX-listed Minotaur Exploration based on information gleaned through a joint venture with the mining exploration company.
Cryosite offers $1M to resolve ACCC’s first ‘gun-jumping’ case
Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator's landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.
Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.
Macquarie advisers who doctored emails win appeal of ASIC’s 10-year bans
Two Macquarie Private Wealth advisers have won their appeal of an order by the Australian Securities and Investments Commission that banned them for 10 years for falsifying emails and misclassifying client advice.
AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides stronger and more effective relief than Reckitt Benckiser's Nuromol.
Clive Palmer hit with copyright suit by Universal Music over Twisted Sister song
Clive Palmer is facing the music after riffing off Twisted Sister's 1980s anthem 'We're Not Gonna Take It' in his election campaign ads, with Universal Music lodging a copyright infringement case against the aspiring MP.
Sanofi slams judge’s harm assessment in denying injector pen injunction
A judge that rejected a bid by Sanofi-Aventis for an injunction blocking rival Alphapharm from listing an insulin injector pen on the PBS erred in his consideration of the harm it would face, the drug giant has told the Full Federal Court.