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Mesoblast has agreed to settle a shareholder class action centred on statements to the market about its Remestemcel-L treatment, resolving claims it misrepresented the efficacy of the therapy for COVID-19 patients.
The prudential regulator has filed court action against First Super co-chair and CFMEU manufacturing division boss Michael O'Connor, alleging he breached his director's duties under superannuation laws when he hired a union official to work for the fund.
Domino’s has been stung with shareholder class action accusing the pizza giant of misleading the market about its expected performance in Japan.
Westpac's head of audit and risk has taken her employer to court, claiming the bank shut down her compliance concerns about its shuttered mortgage broking subsidiary RAMS and stigmatised her as a "troublemaker" after she made repeated inquiries into the matter.
A Sydney law firm has filed a class action accusing private equity-owned medical device maker Exactech of supplying faulty joint implants that were subject to deterioration due to a packaging defect, caused serious medical complications in patients.
A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
Over objections from the ACCC, a judge has struck out the regulator's entire case against Meta over scam cryptocurrency ads on Facebook after it clarified that each allegedly misleading ad should be a separate contravention.
The High Court has declined to grant special leave to a former HWL Ebsworth client seeking to revive a decision that found the law firm's bad advice over property in Parramatta's 'Auto Alley' cost it $2 million.
Darwin Airport, which is locked in litigation with an airport hotel, has succeeded in overturning a finding of apprehended bias against a Local Court judge for referencing the nickname of the hotel's director, local construction magnate John 'Foxy' Robinson.
A judge has ruled that two Deloitte partners can act as administrators for embattled wealth manager Keystone, replacing two voluntary administrators from KordaMentha, despite an alleged risk of conflict due to past work for the company.