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Judge shoots down Colonial First State’s bid for warning in class action opt out notice
A judge has knocked back Colonial First State’s bid to warn around 100,000 group members that even if they opt out of a class action against the wealth management firm they might still be bound by the outcome of the case.
Christian Porter loses court bid for notes of meeting between silk, accuser’s friend
A judge has denied former Attorney-General Christian Porter access to material about a crucial meeting involving Jo Dyer, the friend of a woman who accused him of rape, which he sought to bolster his appeal of the removal of silk Sue Chrysanthou from his now-settled defamation case against the ABC.
PwC hit with $43M negligence lawsuit by failed VET provider Cornerstone
Accounting firm PricewaterhouseCoopers is facing claims of professional negligence by insolvent tertiary education provider Cornerstone for allegedly assisting the company's former director in overstating the company's revenue and unlawfully extinguishing his debt.
AMA Group taken to court over $5.5M smash repair acquisition
Automotive repair specialist AMA Group has been sued by two Gosford-based smash repair businesses claiming they were not paid enough when they were purchased for $5.5 million in October 2018.
Former MP Craig Thomson arrested, charged with $2M visa fraud
Former Labor MP Craig Thomson has been arrested and charged with reaping more than $2 million from facilitating more than 130 fraudulent visa applications.
Ex-Healthe Care exec fined $10,000 for insider trading
A former executive of hospital operator Healthe Care has been sentenced and fined $10,000 after pleading guilty to one charge of insider trading for acquiring a large number of the company's shares while in possession of inside information regarding plans to acquire a rival hospital operator.
7-Eleven class action contradictor says settlement CFO bid should go to Full Court
A contradictor asked to weigh in on a $98 million settlement in class actions against 7-Eleven has said the Full Federal Court should decide an application by the funder for a common fund order, citing the importance of the issue.
‘Gentle’ trading in ANZ shares an individual decision by banks, ex-JPMorgan boss says
A former JPMorgan managing director has said the three investment banks at the centre of an alleged cartel made individual decisions to trade “gently” in ANZ shares but were conscious of their fellow underwriters' risks following a botched share placement in 2015.
Class action investigation targets NSW Police over strip searches at music festival
NSW Police may be hit with a class action for allegedly subjecting attendees of the Splendour in the Grass music festival to "invasive and traumatic" strip searches.
Drug ingredient maker Alkaloids of Australia pleads guilty to cartel charges
Pharmaceutical ingredient producer Alkaloids of Australia has pleaded guilty to cartel conduct over the supply of a key chemical found in generic stomach cramp drugs.