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A judge has rejected a bid by former directors of Slater & Gordon to throw out cross claims brought by Pitcher Partners in two shareholder class actions alleging the accounting firm wrongly signed off on the law firm's financial reports ahead of a share price nosedive, saying it was possible Pitcher Partners' claimed reliance on representations by the directors was reasonable.
A judge has agreed to postpone a trial against logistics provider GetSwift until next year when a class action and a lawsuit by the Australian Securities and Investments Commission related to the company's disclosures will be heard consecutively rather than concurrently.
GetSwift shareholders Clutterbuck Capital Management and KPT Capital have opted out of a class action against the logistics services provider, blasting the "inappropriate and questionable" actions by some involved in the class action proceedings.
The Australian Securities and Investments Commission wants to add GetSwift's former inhouse lawyer as a respondent in its enforcement action against the logistics company, as debate rages over whether a class action against the company should be postponed.
Deloitte Touche Tohmatsu is facing claims by the lead applicants in two class actions against failed retail giant Dick Smith alleging its poor accounting practices contributed to the retailer's collapse.
The trial in the ACCC's case against hospital group Ramsay Health Care has doubled in length after the regulator made a late bid to enter as evidence a file note based on a sound recording of a meeting in which a Ramsay unit's CEO allegedly made anti-competitive threats.
An appeals court has dismissed a challenge by Veritas Advisory principal liquidator David Iannuzzi to the admissibility of evidence submitted by the Australian Taxation Office in the agency's case seeking compensation and a 10-year ban.
A surgeon who was considering opening a health clinic in Coffs Harbour, NSW recorded one of the meetings central to the competition watchdog's action against Ramsay Health, in which alleged anti-competitive threats were made by a CEO of two Ramsay units, a court has heard.
The ABC paid ousted managing managing director Michelle Guthrie $730,000 to settle a lawsuit alleging unfair dismissal.
The ABC has reached a settlement with ousted managing director Michelle Guthrie in her suit accusing the national broadcaster of unfairly sacking her.