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Former analyst sentenced to 3 years for Big Un insider trading
White Collar 2020-09-11 3:52 pm By Cat Fredenburgh

A former Maple Brown Abbott analyst has been sentenced to three years after pleading guilty to insider trading and communicating inside information in relation to $1.6 million in shares of collapsed video company Big Un.

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‘Vague and general’: Judge knocks cryptocurrency class action
Class Actions 2020-09-11 2:46 pm By Miklos Bolza

A  judge has slammed the pleadings in a $1 billion class action against Facebook and Google over cryptocurrency ad bans as “vague and general” and refused to let the matter progress until a better case is brought.

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GetSwift judge won’t disqualify himself from class action
Class Actions 2020-09-09 6:42 pm By Miklos Bolza

The judge overseeing a class action against GetSwift has refused to disqualify himself from the proceedings, rejecting claims that he could not be seen to approach the case with an “impartial mind” and taking a passing shot at the logistics company’s use of the Americanism “recuse” in its application.

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GetSwift relocation bid heightens class action concerns, law firm says
Securities 2020-09-08 1:55 pm By Miklos Bolza

A recent announcement by logistics tech provider GetSwift that it will be relocating to Canada has heightened concerns by the lawyers running a shareholder class action against the company that it might not be able to meet any orders for compensation to group members.

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iSignthis now wants $464M in share suspension suit against ASX
Securities 2020-09-02 9:17 pm By Christine Caulfield

Fintech company iSignthis has upped its demand for damages in a lawsuit against ASX for a second time, filing documents with the Federal Court that claim the market operator’s decision to suspend its shares has cost it almost half a billion dollars.

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Facebook threatens news ban in Australia over media bargaining code
Competition & Consumer Protection 2020-09-01 12:53 pm By Alison Eveleigh

Social media giant Facebook has come out swinging over the Morrison government’s proposed news media bargaining code, threatening to stop Australians from sharing local and international news on Facebook and Instagram if the code becomes law.

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iSignthis racks up $1M legal bill in battle with ASX
Financial Services 2020-08-31 4:54 pm By Miklos Bolza

Fintech firm iSignthis has revealed that it has spent over $1 million in legal costs pursuing its $264 million lawsuit over misleading and deceptive conduct against the Australian Stock Exchange.

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Hanwha can amend solar patent at centre of IP feud with rivals
Intellectual Property 2020-08-31 4:48 pm By Christine Caulfield

The Federal Court has granted a bid by global solar cell manufacturer Hanwha to amend the patent behind its solar technology at the centre of a hotly contested infringement case against three rivals.

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Ripple blocked from advertising to Australians in PayID trade mark dispute
Intellectual Property 2020-08-28 12:01 pm By Miklos Bolza

A court has issued an order restraining US blockchain company Ripple Labs from advertising its PayID system to Aussies, two days after the company agreed to geoblock its website within Australia.

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Judge recuses himself from patent spat over Melbourne parking detector
Intellectual Property 2020-08-27 5:56 pm By Miklos Bolza

A  judge has stepped aside from a patent lawsuit brought by tech firm Vehicle Monitoring Systems over a parking system used by the City of Melbourne after finding there may be a “genuine perception” that he could not approach the case with an open mind.

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