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Trial in a shareholder class action against water treatment firm Phoslock and auditor KPMG could be held as late as February 2028 after the plaintiffs flagged plans to tweak their case.
A judge has refused to make an injunction sought by ASIC against Ryzon Materials, finding the regulator is not entitled to constrain a "hypothetical" transaction while it awaits judgment in its case over the company's battery plant representations.
The corporate regulator has completed an investigation into insider trading of WiseTech shares and won't take action against founder Richard White and two other employees.
Trading platform Plus500 has taken its challenge to an investor class action to the High Court, after an appeals court upheld a finding that an arbitration clause in its terms and conditions was unfair.
Liberal senator Dave Sharma has called on ASIC to scrutinise AI data centre company Firmus' withdrawn initial public offering, including representations made to investors.
Construction PRO
Liberal senator Dave Sharma has called on ASIC to scrutinise AI data centre company Firmus' withdrawn initial public offering, including representations made to investors.
The corporate cop has asked a judge to hit the former CEO of collapsed budget airline Rex with an agreed $800,000 penalty for continuous disclosure breaches.
An ASX shareholder has won an interim bid to file a derivative case against several former directors over its CHESS replacement project, but a challenge over whether the case can proceed is still on the cards.
Construction PRO
The Australian Securities and Investments Commission has called for improvements in how mortgage brokers demonstrate that home loan recommendations are in customers’ best interests.
Private mining investment firm QGold and its founder Christopher Ian Wallin have been hit with a class action, the third representative proceeding filed so far this month.