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Ernst & Young strikes back in Quintis class action
Class Actions June 14, 2019 9:42 pm By Cat Fredenburgh

Ernst & Young, which has been named in a class action over its auditing of sandalwood producer Quintis, has filed cross-claims alleging Quintis should pick […]

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ASIC loses market manipulation case against NAB contractor Whitebox
Securities June 11, 2019 4:37 pm By Miklos Bolza

The Australian Securities and Investments Commission has lost its market manipulation action against Whitebox Trading and its director Johannes Boshoff, with the court finding it […]

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Shareholder class action against Sirtex settles mid-trial
Trials June 6, 2019 10:47 pm By Christine Caulfield

Sirtex Medical has reached a mid-trial agreement to resolve a consolidated shareholder class action that centred on the biotech company’s sales forecasts of its radiation […]

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Quintis to hand over insurance docs in class actions
Competition & Consumer Protection June 6, 2019 10:23 pm By Cat Fredenburgh

Failed sandalwood oil producer Quintis has agreed to hand over insurance policies showing any coverage for potential liability it or its former CEO may have […]

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ASIC fights ANZ bid to stay capital raising case as cartel action hangs over bank
ASIC June 5, 2019 8:51 pm By Christine Caulfield

The Australian Securities and Investments Commission is pushing back against an application by ANZ Bank to stay the regulator’s civil penalties case over disclosures related […]

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Piper Alderman says costs breach in KPMG class action ‘obviously accidental’
Class Actions May 31, 2019 2:42 pm By Amelia Birnie

Piper Alderman has urged a judge to excuse its “obviously accidental” breach of legal profession costs regulations in its Discovery Metals investor class action against […]

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Shine Lawyers settles shareholder class action
Class Actions May 31, 2019 11:55 pm By Christine Caulfield

Publicly-traded law firm Shine Lawyers has reached a confidential agreement to settle a class action alleging it misled shareholders about the value of ongoing business […]

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ASIC wins case against Vocation, former execs after 15-month wait for judgment
Securities May 31, 2019 6:21 pm By Miklos Bolza

In a win for the corporate watchdog, a court has found collapsed education provider Vocation engaged in misleading and deceptive conduct and breached its continuous […]

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Iluka class action lands new funder, but $1.25M security outstanding
Class Actions May 30, 2019 8:49 pm By Amelia Birnie

The applicants in the Iluka Resources shareholder class action have been given a two month extension to provide a $1.25 million security for costs, after […]

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Investors to get their day in court over Credit Suisse ‘MINI’ warrants
Securities May 29, 2019 4:01 pm By Miklos Bolza

A Federal Court judge has ruled he has jurisdication to hear a case brought by a group of investors against a unit of Credit Suisse […]

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