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Ex-boss of AI marketing company Metigy charged with misleading investors
The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.
‘Influx’ of consumer class actions likely after High Court’s Toyota decision, lawyer says
Landmark High Court decisions in class actions against Toyota and Ford on how damages should be calculated for defective vehicles will spark more consumer class actions, a plaintiff lawyer told Lawyerly.
‘Eye-watering’ legal costs in NT stolen wages class action: judge
Shine Lawyers wants to claim $24.5 million in legal costs in a stolen wages class action on behalf of Northern Territory First Nations people, a sum a judge called “eye watering”.
ASIC launches formal MinRes probe over Ellison tax dodge claims
The corporate cop has launched a formal investigation after the airing of tax evasion allegations against Mineral Resources' billionaire founder, Chris Ellison.
Judge grounds Moccona’s infringement claims over Vittoria’s coffee jar design
Vittoria has defeated claims in an intellectual property battle that it infringed on rival Koninklijke Douwe Egbert's trade mark for the design of its Moccona instant coffee jar.
Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.
Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
The ACCC has red flags about the acquisition of Japanese healthcare business I'rom Group by private equity behemoth Blackstone.
Filecoin, founder can’t shake developer’s case over cryptocurrency pay
Crypto company Filecoin Foundation can't dodge a suit by a developer who says she was fired after complaining that a portion of her wages was paid in Filecoin tokens.
Class actions against Ford, Toyota score major win in High Court
The High Court has upheld appeals in class actions against Ford and Toyota over the calculation of damages for reduction in value of defective vehicles.
Dixon Advisory director reasonably relied on Minters advice, court finds
A judge has dismissed the corporate regulator’s case alleging former Dixon Advisory director Paul Ryan breached his director’s duties.