The Australian Securities and Investments Commission has added to logistics provider GetSwift’s legal woes, filing a lawsuit over the company’s alleged failure to disclose material information to shareholders about contracts with clients such as Amazon and Yum! Brands.
Sims Metal is facing a shareholder class action over an earnings guidance that allegedly failed to take into account a likely fall in scrap metal prices.
A judge has denied law firm Piper Alderman’s request to replace an uncooperative expert witness in a class action against KPMG over a failed takeover offer, three weeks before the matter goes to trial.
New Zealand-based medical device maker Fisher & Paykel and US-based ResMed have agreed to resolve all disputes between them over patents for devices used to treat sleep apnea.
Property listing rivals REA Group and Domain have settled a trade mark lawsuit over an agreement between Domain and the owner of US website realestate.com to redirect Australian traffic to Domain’s website.
Global insurer Jardine Lloyd Thompson has won access to the identities of local councils suing it in a NSW class action brought by Quinn Emanuel alleging the broker charged the councils excessive premiums.
Foxtel and Optus contractor BSA may be hit with a class action on behalf of telecommunications technicians allegedly engaged as independent contractors so the company could avoid paying them certain entitlements.
Media organisations ABC and Fairfax have argued that a judge’s definition of espionage was “artificially narrow” when striking out their truth defence to a defamation case brought by Chinese philanthropist Dr Chau Chak Wing.
A female Piper Alderman partner has filed a sex discrimination lawsuit against the firm’s other partners and has won a temporary injunction blocking the partnership from ousting her.
Westpac has been hit with a class action for allegedly breaching responsible lending laws by providing unsuitable loans, the first of the big four banks to face a class action in the wake of the banking royal commission’s scathing final report.