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A rental company providing long-term leases for household items has been slugged with a $7.4 million penalty after a court found its loan agreements did not comply with credit laws.
Sydney investment manager Rodney Forrest has pleaded guilty to two counts of insider trading in relation to the trading of $2.6 million in shares of funds manager Platinum Asset Management while in position of inside information about a takeover offer.
The Tax Practitioners Board has banned former PwC partner Richard Gregg for four years after finding he made false or misleading statements concerning research and development tax incentives, resulting in a tax shortfall of $11 million and $800,000 in fines for his clients.
A judge has approved a 35 per cent group costs order in a shareholder class action against WiseTech, but said the relatively high rate could be revisited by the court at a later stage in the case.
The High Court has agree to weigh in on whether an appeals court erred in overturning $200,000 in exemplary damages awarded to each of four children gassed at Don Dale detention centre in the Northern Territory.
In a major win for two class actions and Fortnite maker Epic Games, a judge has found that Apple and Google misused their market power in running app stores and in-app purchase systems.
On the first day of trial, a court has heard a class action over alleged negligent management of water flowing through the Murray Darling system is a “world away” from a climate change class action that recently failed at trial.
Fertility services provider Genea is facing a class action investigation over a data breach that led to sensitive patient information being published on the dark web.
The High Court has rejected Novartis' plea that it overturn a ruling that found an extension of the term of the patent for its heart drug Entresto was invalidly granted.
A court has ruled that media reports accusing well-known orthopaedic surgeon Dr Munjed Al Muderis of unethical and profit-driven promotion of an experimental procedure were substantially true, tossing his defamation suit against Fairfax and its owner Nine.