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Nuix hit with shareholder class action over $1.8B IPO
Embattled technology company Nuix has been hit with a shareholder class action over its $1.8 billion December float on the ASX.
Full Court shoots down Aristocrat’s patents for popular poker machine
IP Australia has won its appeal of a judge’s decision to allow four Aristocrat patents for its popular Lightning Link electronic poker machine to proceed to grant, with the Full Court finding the invention merely implemented an abstract idea on a computer and was not patentable.
Low GetSwift class action settlement to get OK despite ‘slam dunk’ case
A judge has indicated he will approve the 'very low' GetSwift class action settlement because the company appeared to be broke, but the law firm behind the case has been pulled up by the court for a previous costs estimate that has blown out by $3 million.
GetSwift breached law through ‘public relations-driven approach’ to ASX statements, court finds
The Australian Securities and Investments Commission has scored a victory in its long-running case against GetSwift, with the Federal Court finding the company and its directors breached the Corporations Act and ASIC Act through their "public relations-driven approach" to announcements on the Australian Stock Exchange.
Facial recognition software company Clearview AI breached privacy laws, regulator finds
US-based facial recognition software company Clearview AI has been ordered to cease collecting facial images from individuals in Australia and destroy all the data it has collected within the country.
Epic’s evidence in clash with Apple could be first in competition case
Epic Game's plan to lead econometric evidence in its dispute with Apple could be the first time such evidence has been led in a competition case in Australia, a judge has said, as he warned that the companies' "unlimited resources and enthusiasm for victory" should not bog the case down.
Embattled Sports Flick founder brings $12.7M case against former investors
The founder of troubled sports streaming start-up Sports Flick has filed a $12.7 million lawsuit against former investors seeking to be reinstated as director and shareholder of the company.
Judge rejects bid to shut down Guvera class action
A judge has rejected a request to discontinue a class action on behalf of investors in failed music streaming platform Guvera, saying it was “difficult to understand” why the applicants had launched the case as a class action in the first place.
ACCC’s approval of BPAY, Eftpos, New Payments Platform merger faces challenge
A challenge to the ACCC's approval of the merger of major payment platforms BPAY, Eftpos and New Payments Platform Australia has been challenged by a Sydney-based fintech, which has accused NPPA of patent infringement.
Google says its bid to stay Epic Games lawsuit not the same as Apple’s
Google has urged a court to stay a competition lawsuit brought by Epic Games, saying new evidence showed the Fortnite game maker would not be disadvantaged if the case was heard in California, as the Full Court found it would in a similar challenge by Apple.