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Ex-Fuji Xerox execs settle suit over $450M accounting scandal
Accounting 2022-08-11 11:42 pm By Cat Fredenburgh

Two former executives at Fuji Xerox’s Australian unit have settled a lawsuit over their roles in a $450 million accounting scandal that has also ensnared auditor Ernst & Young.

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GetSwift boss accused by co-founder of misleading him on sale of shares
Securities 2022-08-09 11:35 pm By Christine Caulfield

GetSwift managing director and founder Joel Macdonald faces a lawsuit by former Melbourne Demons teammate James Strauss, who helped launch the strife-ridden logistics tech company seven years ago.

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Dye & Durham offers to shed Aussie business in $2.9B bid for Link Group
Corporate 2022-08-04 1:58 pm By Cat Fredenburgh

Canada-based software company Dye & Durham has offered to divest its Australian business to win the ACCC’s blessing for its proposed $2.9 billion acquisition of technology services provider Link Group.

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Big Un auditor convicted of failing to comply with auditing standards
Accounting 2022-08-01 11:08 pm By Cat Fredenburgh

The lead auditor for Big Un’s flawed 2017 independent audit, which overstated the failed video company’s cash and cash equivalents by $8.2 million, has been convicted of failing to comply with auditing standards following an investigation by ASIC.

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New competition class actions in the works against Apple, Google
Competition & Consumer Protection 2022-07-22 9:10 pm By Sam Matthews

Another law firm is planning competition class actions against Apple and Google over their app stores, just over a month after Phi Finney McDonald filed group proceedings against the tech giants, setting up a beauty parade that adds a wrinkle to similar cases brought by Epic Games.

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SMBC sues Humm for $34M in worthless receivables linked to Forum Finance
Competition & Consumer Protection 2022-07-21 9:50 pm By Cindy Cameronne

Japanese bank SMBC has brought a $33.6M lawsuit against fintech Humm Group after its subsidiary Flexirent allegedly misled the bank about receivables under allegedly forged contracts between a Forum Group entity and Veolia Environmental Services.

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Nuix slams class action carriage agreement as ‘anti-competitive’
Class Actions 2022-07-18 4:18 pm By Sam Matthews

Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the court to make the two firms compete against one another for sole carriage.

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Reflex fails to prove invalidity of Globaltech patent for devices sold to Boart Longyear
Intellectual Property 2022-07-14 2:03 pm By Cindy Cameronne

Technology company Reflex Instruments has lost its challenge to rival Globaltech’s patent for two mining survey tools, with a judge finding Reflex had not established the technology wasn’t novel and lacked an inventive step.

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Clayton Utz snags technology law ace from Ashurst
Business of Law 2022-07-12 7:24 pm By Christine Caulfield

Clayton Utz has picked up a new partner specialising in digital transformation from Ashurst to join the firm’s public sector practice in Canberra.

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Biggin & Scott infringed copyright by copying source code, Full Court finds
Appeals 2022-07-07 4:52 pm By Christine Caulfield

Real estate marketing platform Campaigntrack has won an appeal of a ruling in an important copyright case over its cloud-based software that accused real estate agency group Biggin & Scott of authorising reproduction of the software’s source code.

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