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ASIC wins another guilty plea in relation to $180M Ponzi scheme
White Collar 2024-03-20 3:33 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has secured a third guilty plea stemming from its investigation into a $180 million Ponzi scheme run by the […]

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Aussie Broadband challenges Superloop sell order amid takeover fight
Telecommunications 2024-03-20 4:19 pm By Sam Matthews

Aussie Broadband is seeking to set aside a notice from the board of internet service provider Superloop directing it to sell down its 19.9 shareholding […]

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WA biotech hit with $1.8M penalty for misleading market during pandemic
ASIC 2024-03-20 3:49 pm By Sam Matthews

A judge has ordered Western Australian biotech Holista Colltech to pay a penalty of $1.8 million for making misleading representations to the market about sales […]

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Google chokes Play Store competition with technical restraints, Fortnite maker tells court
Trials 2024-03-19 11:22 pm By Cindy Cameronne

Google is nearing “monopoly levels” with its exploitation of the Android brand to prevent other app stores from competing with its Play Store, the maker […]

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Class actions leaped to near-record level in 2023: report
Class Actions 2024-03-19 11:19 pm By Sam Matthews

Driven by competing proceedings, class action filings surged back in 2023, making it the second busiest year for filings ever, according to a new report […]

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King & Wood Mallesons settles negligence lawsuit by Halifax
Professional Negligence 2024-03-19 11:13 pm By Cat Fredenburgh

King & Wood Mallesons has settled a lawsuit by defunct stockbroker Halifax Investment Services alleging the firm and former auditor Bentleys failed to advise that […]

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Liquidators may have $43M in claims against Blockchain exec, judge says
Cryptocurrency 2024-03-19 2:07 pm By Sam Matthews

A judge has declined to set aside a travel ban against a former director of collapsed cryptocurrency platform Blockchain Global, noting that the company’s liquidators […]

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No loss to Bordeaux wine producer from Tassie pinot noir bottle’s misleading appearance: court
Intellectual Property 2024-03-19 11:53 pm By Christine Caulfield

The maker of Tasmanian pinot noir label New Certan breached the consumer laws in bottling its product in a way that resembled the packaging of […]

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Ex-Continental Coal secretary gets jail time for stealing, forgery
White Collar 2024-03-19 1:49 pm By Cat Fredenburgh

A former company secretary of defunct mining and exploration company Continental Coal will spend at least 2 years in jail after pleading guilty to three […]

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Uber to pay $272M to settle taxi driver class action
Class Actions 2024-03-18 8:58 am By Sam Matthews

On the eve of trial, rideshare giant Uber has agreed to pay $271.8 million to settle a five-year-old class action brought by taxi and hire […]

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