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Mineral Resources, Chris Ellison hit with shareholder class action
Mineral Resources and founder Chris Ellison have been hit with a shareholder class action over alleged disclosure failures related to transactions with a company Ellison owned.
ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
ASX's management of operational risk that led to December's CHESS settlement outage has the corporate regulator and the Reserve Bank "increasingly concerned" and "deeply disappointed".
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CoStar makes best and final offer for Domain
US real estate company CoStar has made a second offer to buy real estate listing site Domain, upping its offer price by more than 5 per cent.
CIMIC class action funder asks court to rule on hypothetical commission
The funder that backed a shareholder class action against engineering firm CIMIC that settled for $45.25 million will take a cut to its 25 per cent commission, but wants the court to find the commission would otherwise have been reasonable. 
Construction PRO
James Hardie to buy US-based AZEK in $14B merger
Australian building materials giant James Hardie will acquire US-based home decking provider AZEK in a nearly $14 billion merger.
Judge ‘far too demanding’ in Worley class action, shareholder says
A judge was too exacting in deciding the applicant in a shareholder class action against engineering services firm Worley suffered no loss from misleading guidance, an appeals court has heard.
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PE firm on hook for $12.5M in dispute over copper mine share sale
Private equity firm EMR Capital has been ordered to pay $12.5 million under a controversial share sales agreement for a Queensland copper mine.
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Nine in talks with CoStar about sale of Domain stake
Nine Entertainment has confirmed it is in talks with US real estate company CoStar over its proposal to buy the media company's 60 per cent stake in real estate listing site Domain.
In shareholder class action appeal, Worley argues judge ‘went off the rails’
A judge "went off the rails" in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.