The self-represented lawyer behind a $1 billion class action against Facebook and Google over a cryptocurrency ad ban has said he will bring the first “no adverse costs” application to be heard by the Federal Court under the Competition and Consumer Act.
The Australian Securities and Investments Commission’s new chair Joseph Longo has defended his team’s work in reviewing the Nuix prospectus before the embattled tech company’s $2.9 billion float late last year.
Labor Senator Deborah O’Neill has taken a swing at ASIC commissioner and former Macquarie general counsel Cathie Armour for failing to act on concerns raised prior to the $2.9 billion IPO of embattled technology company Nuix, which led to a $580 million payday for shareholder Macquarie.
Video game developer Epic Games has asked the Full Federal Court to overturn an “illogical” decision sending its competition lawsuit against Apple to California, saying the move would have a “chilling effect” on the enforcement of Australia’s competition laws.
Payments provider Tyro is facing two potential class actions over a days-long terminal outage that left many businesses unable to accept payments, the first of which is expected to be filed “imminently”.
One of the lead applicants in a settled shareholder class action against technology company Arasor wants to set aside a statutory demand from funder International Litigation Partners, reviving a years-long beef over $1.2 million allegedly owed in personal expenses under a side agreement agreement with the funder.
Commercial and class action firm Banton Group is investigating a shareholder class action against embattled technology company Nuix in relation to its pre-IPO disclosures which could also ensnare shareholder Macquarie and its executives, auditor PricewaterhouseCoopers and the joint lead managers on its float.
Phi Finney McDonald is investigating a class action against technology company Nuix over its $2.5 billion float, following troubling reports about the Macquarie-backed company’s pre-IPO corporate governance and financial reporting.
Queensland rail operator Aurizon has been sued for breach of contract and “flagrant” copyright infringement for allegedly using software produced by French software giant Dassault without the necessary licence.
A software engineer who was sacked from Apple after criticism that he was “clowning around” has accused the technology giant of discriminating against him for taking leave to care for his family.