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Viterra points finger at ex-employees in trial over $420M Joe White sale
Trials 2018-08-20 9:44 pm By Cat Fredenburgh

Viterra is blaming several former employees for representations made about malt quality in the lead-up to the $420 million sale of its Joe White business […]

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Class action can claim Westpac unit knew about $1.9M Ponzi scheme
Class Actions 2018-08-14 9:23 pm By Cat Fredenburgh

A judge has denied a Westpac unit’s bid to strike allegations that it knew about a $1.9 million Ponzi scheme from a class action alleging […]

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High Court won’t hear Prysmian appeal of $3.5M cartel fine
Competition & Consumer Protection 2018-08-08 2:46 pm By Cat Fredenburgh

The High Court has denied Prysmian Cavi E Sistemi’s bid for special leave to appeal a $3.5 million fine for allegedly engaging in cartel conduct, […]

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Westpac dodges ASIC bid for rogue trader chatter
Financial Services 2018-08-07 9:46 pm By Christine Caulfield

The corporate watchdog can’t get its hands on documents detailing Westpac’s disciplinary measures against rogue traders or communications between the employees ahead of a penalty […]

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Slater & Gordon auditor faces second class action
Securities 2018-08-03 10:57 pm By Cat Fredenburgh

Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial […]

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Judge in S&P class actions told to start from scratch with funder’s fee
Class Actions 2018-07-26 8:08 pm By Miklos Bolza

The amicus hired to assess the funder’s cut of a potentially record settlement in several class actions against S&P Global over toxic financial products has […]

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Judge slams confidentiality clause in settlement of S&P class actions
Class Actions 2018-07-24 9:33 pm By Miklos Bolza

The judge weighing a record settlement in multiple class actions against S&P Global over toxic financial products said Tuesday there was “no way” he would […]

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SEC probing Facebook disclosures over Cambridge Analytica data harvesting
Privacy & Cybersecurity 2018-07-13 1:08 pm By Cat Fredenburgh

The US securities regulator is reportedly looking into Facebook’s disclosures to investors about the harvesting of user data by political research firm Cambridge Analytica, as […]

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Quintis cases latest battleground over competing class actions
Class Actions 2018-07-10 10:05 pm By Miklos Bolza

Multiple class actions against troubled sandalwood oil producer Quintis will soon compete to stay alive after a court heard Tuesday the company would bring an […]

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IMF Bentham mulls privacy class action against Facebook
Privacy & Cybersecurity 2018-07-10 9:17 pm By Cat Fredenburgh

IMF Bentham is considering funding a privacy class action against Facebook for allowing political research firm Cambridge Analytica to harvest information from the Facebook accounts […]

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