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Despite assurances, wealth manager Insignia Financial did not engage PricewaterhouseCoopers to review the performance of its 'Buy Model" investment portfolio after an equities analyst complained it had been overstated, a court overseeing a shareholder class action trial has been told.
The parents of deceased fraudster Melissa Caddick will take $950,000 to move out of a multi-million dollar property in Sydney’s East, which will now be sold by receivers.
A judge has warned against a franchisee class action against Hogs Breath Cafe Australia remaining in limbo after the restaurant chain’s bid to toss the case was set back by the second applicant’s poor health.
Network 10 has dragged its former political editor Peter van Onselen to court for allegedly breaching a clause in a settlement agreement.
Dental aligner maker Invisalign has appealed its loss in suit accusing competitor SmileDirectClub of misleading consumers about the cost and efficacy of its direct-to-consumer teeth alignment kits.
Big three energy supplier AGL is facing a class action alleging it misused its market power in breach of Australia's competition laws.
Westpac, Macquarie and ANZ are seeking class closure orders ahead of mediation in three class actions over flexible commissions schemes, telling a court hearing they will be “completely at sea” without a better idea of the class size.
Apple can argue an Australian non-practicing entity that claims its patents for a remote entry system were infringed by the tech company's Touch ID and Face ID technology are invalid because of a Hewlett Packard handheld device that was first sold in 2000.
ASIC has issued an interim stop order barring a Melbourne-based investment broker from opening trading accounts or dealing in contracts for difference or margin foreign exchange contracts to retail investors.
SMBC has been cleared to add more claims to its $34 million suit against Humm Group after the fintech's subsidiary allegedly misled the Japanese bank about worthless receivables under contracts said to be forged by a Forum Group entity.