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The former head of collapsed debenture firm Provident Capital has gotten court approval to appeal a ruling banning him from managing companies.
Lawyers running a class action against Murray Goulburn want access to evidence that the dairy cooperative's trust consulted with a QC about possible claims against its law firm, Herbert Smith Freehills.
The Australian Securities and Investments Commission has lodged a case in Federal Court against Rio Tinto, its former CEO and former CFO over allegedly misleading market statements it made about the reserves of a recent $4 billion acquisition, a controversy that has already landed the mining giant in hot water with regulators in the UK and US.
A judge has called for a referee to look at Maurice Blackburn's fees for running a shareholder class action against QBE Insurance that settled late last year for $133 million.
Publicly traded law firm Shine Lawyers has assured investors it can wage a successful defence against a $250 million class action claiming the firm misled shareholders about the value of ongoing business activities.
Auditing firm Pitcher Partners has filed its defence in a class action accusing it of wrongly signing off on Slater & Gordon's financial reports, denying responsibility for alleged material misstatements that investors say they relied on to their detriment.
The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded by jailed scammer Bradley Sherwin.
It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which values its current caseload at $4.7 billion.
A judge overseeing a class action brought by investors in a sports betting scheme has shot down a lawyer's mid-trial bid that he recuse himself.
Squire Patton Boggs has brought a shareholder class action worth potentially $300 million against logistics software company GetSwift and its director, former AFL player Joel MacDonald, for providing inadequate disclosures and misleading investors with “overhyped” announcements about business contracts.