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a2 Milk hit with shareholder class action over earnings downgrades
Slater & Gordon has filed a shareholder class action against the a2 Milk company over its 2021 financial year guidance, and four subsequent earnings downgrades.
Colonial must give class action info on financial position after ‘unsatisfactory’ liability transfer
A judge has told a Colonial First State Investments unit to provide information about its financial position to the lead applicant in a class action and criticised the company for failing to disclose that it had transferred its liabilities after the class action was launched.
Philips faces class action over ‘defective’ sleep therapy machines
Health tech giant Philips Electronics has been hit with a class action on behalf of consumers who say they have suffered injury and economic loss from using sleep apnea machines with an alleged safety defect that caused them to inhale dangerous chemicals and degrading foam particles.
Raptis Group hit with freezing order after allegedly dodging $110M in tax bills
The Australian Taxation Office has won an urgent bid to freeze the assets of James Raptis and 11 associated entities, after accusing the Queensland property developer of dodging $109.5 million in taxes since 2000.
‘Shit hot tradie’ trade mark not so hot, delegate finds
In a victory for Tradie briefs manufacturer Sojo, a delegate has shot down clothing start-up Rebel Power's bid to trade mark the words 'shit hot tradie'.
AMP may try to stay financial planner’s lawsuit in light of BOLR class action
AMP has flagged a potential stay of a lawsuit filed by a Sydney-based financial planner against that overlaps with a class action brought by advisors alleging they suffered financial losses from changes in the company's buyer of last resort policy.
Westpac wants contempt conviction against Forum’s Bill Papas but can’t find him
Westpac wants Forum Finance founder Bill Papas held in contempt of court, but the bank has hit a snag in serving its motion on the missing Papas, saying he dropped his lawyers without telling them the address of his current residence in Greece.
Vic teachers file legal challenge to ‘no jab, no job’ policy
The state of Victoria is facing a legal challenge to its plan to require all school and childcare staff in the state to receive two doses of a COVID-19 vaccine before December.
Judge lashes TWU, Qantas for public comments in outsourcing dispute
A judge has criticised Qantas and the Transport Workers' Union for their "not particularly helpful" public comments about whether or not ground staff will be reinstated upon resolution of their long-running outsourcing dispute.
Ben Roberts-Smith fights ‘ridiculous’ bid to make medical records public as trial faces delay
Former SAS soldier Ben Roberts-Smith is fighting to shield medical records Fairfax says should be made public to “safeguard open justice”, as trial in his defamation case against the publisher faces further delay due to COVID-19 border restrictions.