Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications.
The Federal Court has ordered social media giant Twitter to produce information related to a user on the platform who goes by the name PRGuy.
Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an “urgent” bid to ringfence capital raisings from the $20 million payout.
The Australian Securities and Investments Commission has sued Queensland-based Sunshine Loans for allegedly charging over $320,000 in prohibited fees.
Telco contractor BSA has sued for declarations that cash raised from its 2022 prospectus cannot go towards a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.
Macquarie Leasing has been let off the hook in a class action alleging that a flex commissions scheme by ANZ’s former car finance business encouraged dealers to set car loan rates far in excess of base rates in exchange for large kickbacks.
Russian sanctions imposed by former Foreign Affairs Marise Payne have thrown a spanner in the works for an Australia-based international joint venture between the world’s biggest aluminium companies.
Nick Scali has been ordered to refund a disgruntled customer $1,600 for a white leather chair that discoloured mere months after use.
A judge has questioned how the court will award costs in refugee activist Shane Bazzi’s successful appeal against coalition leader Peter Dutton, saying crowdfunding for the activist’s legal costs made the issue “complicated and difficult”.
Pitcher Partners has filed a bid to transfer a $127 million lawsuit brought by the Twigg family alleging the accounting firm helped Max Twigg misappropriate $127.8 million in family trust money for himself.