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ASX agrees to $20.5M penalty on eve of trial in ASIC’s case
ASX Limited has reached a settlement with the corporate regulator just hours before a scheduled trial in a case over a market announcement that said its CHESS replacement project was “progressing well”.
Ex-Monarch advisors lose appeal of $270K judgment for non-compete breaches
Two former employees of financial services firm Monarch Advisory have lost their appeal of a $270,000 damages award after they were found to have breached a non-compete agreement.
Director of CHESS replacement firm assured ASX about timeline, court told
A judge overseeing ASIC’s case against the ASX over its CHESS replacement plan will allow remote evidence by the US-based director of a New York tech company, who allegedly gave the exchange an assurance about the project's timeline.
Expect more settlements after major shareholder class action wins
With two historic court wins for shareholders, 2026 is shaping up to be a momentous year for securities class actions, with lawyers expecting a resurgence of cases and a renewed eagerness for the negotiating table.
Shareholder class action against Worley triumphs on damages in landmark ruling
A shareholder class action against engineering services firm Worley has prevailed after a hard-fought battle over damages, in a major decision following two trips to the Full Federal Court.
Wisetech’s Richard White sued by former Kyckr CEO
The ex-CEO of Richard White's anti-money laundering software company Kyckr has accused the Wisetech chair of misleading and deceptive conduct, but a judge has told her to go back to the drawing board and replead her claims.
Despite loss, Santos greenwashing case won’t chill climate litigation
Corporates, regulators and lawyers alike will be poring over the Federal Court's reasons on Monday for dismissing a pivotal greenwashing case against gas giant Santos, but experts say the 250-page judgment is unlikely to deter further litigation.
Court tosses greenwashing case against Santos over net zero claims
A court has tossed a landmark greenwashing case against Santos alleging it misled investors by falsely representing that it had a plausible path to net zero by 2040.
Fortescue, Element Zero reach settlement in trade secrets case
After losing a fight over access to millions of seized documents, Fortescue has settled its trade secrets case against green iron company Element Zero.
Construction PRO
CapitaLand wins $3M judgment against missing exec
Singapore's CapitaLand has secured judgment in the Federal Court against a missing executive accused of embezzling the real estate asset manager's funds.