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‘Porsches, Lamborghinis and racehorses’: Court hears details of alleged $400M Forum Finance fraud
Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as trial kicked off in the bank’s $400 million fraud case against the Forum companies.
ASIC says James Mawhinney’s defamation case doesn’t clear ‘serious harm’ bar
The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it doesn't meet the new 'serious harm' threshold for defamation matters.
Arnold Bloch Leibler defeats negligence case over handling of Ken Talbot’s estate
The widow of mining executive Ken Talbot has lost a case alleging law firms Arnold Bloch Leibler and Boyd Legal mishandled her late husband’s estate after a judge found she had a “stated intention to destroy” the estate lawyer.
‘High end of careless’: Wilsons Advisory pays $550,000 for market integrity rules breach
Wilsons Advisory and Stockbroking has paid a $548,328 penalty after the Australian Securities and Investments Commission found its reported Trade With Price Improvement products did not offer price improvement.
Flight attendant unfairly sacked from billionaire Paul Lederer’s private plane: FWC
A business owned by billionaire and soccer team owner Paul Lederer unfairly dismissed a flight attendant who worked on his private jet because she refused to change hotels during a stopover, the Fair Work Commission has found.
Pelvic mesh applicant wants Shine’s former class action head to keep case
The applicant in a Shine Lawyers-run class action against Boston Scientific over alleged defective pelvic mesh wants to switch legal representation, taking her business to Shine's former class actions head, who recently parted ways with the firm to launch her own boutique.
Law firms get time to hash out deal as Jaguar Land Rover hit with second class action
A second class action has been brought against Jaguar Land Rover over alleged defective diesel filters in its vehicles, and the law firms running the two cases have been given until the end of the month to reach a deal to avoid a court showdown.
Crypto class action members ‘wholly unprotected’ by self-repped applicant, Meta says
Arguing the interests of the self-represented applicant and group members are in conflict, Meta and Google are urging a court to shut down a class action accusing the digital giants of breaching competition law by banning cryptocurrency ads on their platforms.
United Petroleum hit with franchisee class action over ‘unprofitable’ Pie Face stores
United Petroleum has been hit with a class action on behalf of franchisees who allege they suffered loss when the petrol giant installed loss-making Pie Face stores at its franchise sites.
Forge Group defeats challenge to insider trading case over $187M sale
Collapsed engineering firm Forge Group has defeated an appeal seeking to block its liquidators from bringing a case against engineering company Clough Limited for alleged insider trading during the 2013 sale of a $187 million stake in the company.