Most Recent
The former executive chairman at regional airline Rex has admitted ASIC’s claims that he misled investors about the company’s position and breached his directors duties and may give evidence for the corporate watchdog, a court has heard.
Four directors of regional airline Rex are set to decide this week whether they will remain silent in the face of allegations by the corporate regulator that they misled investors about the company’s financial position.
A third law firm has launched a shareholder class action investigation into James Hardie's alleged inadequate disclosures about troubles in its North American fiber cement unit in a market guidance for the 2026 financial year.
DroneShield is facing an ASIC investigation into disclosures and share sales, after its former CEO and two other executives sold all of their shares in the drone defence tech company.
Vehicle leasing company FleetPartners has reached an agreement to resolve a shareholder class action for $27 million.
The founder of fintech Humm Group has agreed to step down from the board as he brings a High Court challenge over a Takeovers Panel ruling that found unacceptable circumstances in relation to a $385 million takeover offer by Credit Corp.
A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.
Former Humm Group chair Andrew Abercrombie wants the High Court to overturn a Takeovers Panel ruling that found he misled investors about a takeover bid by Credit Corp.
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.