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Deloitte fights order denying privilege in Hastie class action
Auditing firm Deloitte Touche Tohmatsu wants to challenge a ruling that forces some of its partners to hand over evidence to  shareholders in a class action over accounting work for collapsed engineering company Hastie Group.
AMP wins bid to move class actions to state court
AMP has prevailed in a hard-fought fight over where it will defend five shareholder class actions brought in the wake of the Banking Royal Commission, in a precedent-setting judgement that provides a road map for future jurisdictional battles over competing class actions.
Client’s identity shielded by privilege, court rules
Correspondence to a law firm revealing a client's identity was covered by legal professional privilege because the firm's advice was contingent on the client providing his name, a court has ruled.
Commonwealth Bank pans class action pleadings as ‘vague penumbra’
The Commonwealth Bank of Australia is seeking to strike out portions of a shareholder class action over allegedly lax anti-money laundering and anti-terrorism financing controls it calls a "vague penumbra" that leaves the bank in the dark about the case against it.
Ex-mining boss Darren Lind found guilty of insider trading
A jury has found the former managing director of South Australian mining exploration company Golden Fields Resources guilty of two counts of insider trading, the corporate regulator said Tuesday.
‘Loose with the truth’ broker to get High Court’s ear
The High Court has granted special leave to appeal a lifelong ASIC ban to a broker a judge once described as "loose with the truth" and as carrying a "massive bag of dishonest conduct" with him.
Murray Goulburn faces second class action over profit downgrade
Milk supplier Murray Goulburn has been hit with a second class action over its profit forecast revision in 2016 that wiped 40 percent off the dairy cooperative's investment value.
Westpac adviser at centre of ASIC suit got ‘high achievement’ ratings, bank admits
Westpac admits that it violated the Corporations Act by awarding high performance marks to a financial adviser whose work was flagged for compliance concerns during several internal reviews.
LGL Commodities CFO can’t drag accountant into liquidator’s suit
The former chief financial officer of LGL Commodities has lost a bid to join the accountant for the collapsed grain trader as a co-defendant in a case brought against him and three other directors by the company's liquidators.
Brambles hit with second shareholder class action
Chain logistics company Brambles is facing a second class action alleging it breached its continuous disclosure obligations by failing to revise its overly rosy 2017 financial forecast on several occasions.