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Apple faces battle to protect Touch ID source code in patent stoush
Apple is “unlikely” to avoid production of the source code for its Touch ID and Face ID technology to an Australian non-practicing entity that has sued the Silicon Valley company for patent infringement, a judge has said.
ASX wants $3M security for costs from iSignthis after Cyprus move
The Australian Stock Exchange is seeking $3.25 million in security for costs as it defends a $464 million lawsuit brought by fintech firm iSignthis, a move spurred on by the 2021 demerger of iSignthis and ISX Financial EU.
‘Just a fishing expedition’: Quintis class action can’t see EY meeting docs
Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director of the sandalwood supplier, after a judge found they did not get “within a bull’s roar” of showing the accounting firm's discovery was inadequate.
GST class action likely to be dropped after funder bows out
The future of a class action against a Canberra property developer accused of misleading investors about GST on their apartments is in doubt after the litigation funder withdrew support for the “uneconomic” case.
No penalty for IOOF unit RI Advice in ASIC’s novel cybersecurity case
IOOF financial advice unit RI Advice has escaped a penalty in a test case alleging cybersecurity failures, but the firm must engage an IT security company and pay the corporate regulator's legal costs.
Investment fraudster Roger Munro sentenced to four and a half years jail
Gold Coast fraudster Dr Roger Munro has been sentenced to four and a half years in prison after pleading guilty to three counts of duping investors into parting with hundreds of thousands of dollars.
More clinics to be pulled into Monash IVF class action over embryo destruction
Six more fertility clinics in states across the country are set to be pulled into a class action against Monash IVF on behalf of hundreds of men and women demanding damages for the alleged destruction of potentially viable embryos.
Fairfax sued by synagogue head over ‘gossipy, mocking, sensational’ Age report
Former synagogue president and Victorian Liberal party treasurer David Mond is suing Nine-owned Fairfax, The Age and two journalists for defamation over three articles accusing him of deciding to host a speech by a convicted spy.
Meaning of ‘dismissed’ in unfair dismissal cases confirmed by FWC
A full bench of the Fair Work Commission has reversed a decision that would have allowed employees who were lawfully demoted to challenge their demotions as unfair dismissals, in a significant finding that means employers will not be exposed to claims if they properly exercise their rights, writes McCullough Robertson's Amber Sharp, Kerry O'Brien and Nathan Roberts.
ACCC head calls out companies for ‘pushing the boundaries’ of merger regime
The new chair of the competition regulator has taken aim at companies for “pushing the boundaries” of Australia’s merger control regime and taking a “strategic approach” to clearance, as the regulator yet again flags the prospect of a reform push.