Vanguard Investments has been ordered to pay a penalty of almost $13 million for misleading the public about its $1 billion “ethically conscious” hedge fund.
Macquarie Bank has been fined a record $4.995 million for failing to stop the placement of suspicious orders on the electricity futures market.
Victorian Liberal leader John Pesutto has admitted to sharing with ex-state premier Jeff Kennett aspects of settlement discussions with ousted party member Moira Deeming.
Building insulation supplier CSR Bradford will provide discovery to Consolidated Energy after the independent distributor foreshadowed action alleging misuse of market power.
Dentons is facing a lawsuit by a former partner who alleges the law firm’s Australian chair emailed him a conspiracy-laden anti-vaccine pamphlet.
If it takes up the Federal Court’s ruling in favour of solicitors seeking to earn a cut from a class action, the High Court will be asked to overrule its 2019 decision against common fund orders.
The director of collapsed investment firm Linchpin Capital has lost his challenge to a $150,000 penalty, with an appeals court dismissing his arguments as “carping criticism”.
Shareholders in lending platform Marketlend can bring a derivative suit against its directors for allegedly misusing company funds, including spending $1.3 million on barrister chambers fees.
The Fair Work Commission has dismissed a six-year-old unfair dismissal case against Gadens, describing the case as part of an apparent “spiteful campaign” against the firm.
Human rights group Save the Children has lost its fight to release Australians held in a Syrian refugee camp after the High Court refused its special leave bid.