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Ex-Sydney Symphony CEO damaged own reputation with ‘hit job’ media release, court told
The Sydney Symphony argues its former CEO can't claim she was dismissed for investigating claims of sexual harassment by the orchestra's musicians after previously telling the media she was the victim of a politically motivated "hit job" for seeking funding from the NSW government.
ACCC swipes at Mastercard for alleged interchange rate agreement with retailers
The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.
GetSwift, directors drop appeal of judgment on ‘PR-driven’ approach to disclosures
Logistics company GetSwift and its directors have dropped their challenge to a judgment that found the company breached its continuous disclosure obligations with its "PR-driven" approach to ASX statements.
‘Just a fishing expedition’: Quintis class action can’t see EY meeting docs
Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director of the sandalwood supplier, after a judge found they did not get “within a bull’s roar” of showing the accounting firm's discovery was inadequate.
Ex-Deloitte director accused of $3M fraud suspended from restructuring group
A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.
Deloitte director ordered to repay $3M in case of ‘remarkable fraud’
A former Deloitte director accused of embezzling $3.1 million has agreed to court orders that he repay the money and hand over title to all assets -- including almost 100 works of art -- purchased with the alleged misappropriated funds.
Babcock & Brown shareholders lose bid for re-trial over judge’s ‘pernicious’ delay
The High Court has rejected a bid by shareholders of collapsed investment advisory firm Babcock & Brown for special leave to seek a re-trial of their cases alleging disclosure breaches because of the trial judge's “excessive" three-year delay in delivering judgment.
Sydney Symphony CEO sues over dismissal following sexual harassment probe
Sydney Symphony has been taken to court by its former CEO who claims she was dismissed late last year after investigating multiple claims of sexual harassment by the orchestra's musicians.
Settlement reached in class action against trustee of collapsed IPO Wealth
The trustee of Mayfair Group's collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 million when the fund was wound up.
Court to probe if 7-Eleven class action funder, law firm had deferred fee arrangement
A marathon hearing of an application for court approval of a $98 million settlement in two 7-Eleven class actions has ended with a judge taking the rare step of signing off on the settlement amount while withholding approval of the legal costs and funding commission.