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A judge has refused a bid by fund manager Blue Sky for an extension in a shareholder class action, saying the amount of costs wasted in the case by “unreasonable positions being taken” was "astounding".
A class action on behalf of shareholders has been lodged against ASX-listed biotechnology company CSL over disclosures in relation to its forecast for the 2026 financial year.
A judge overseeing competing shareholder class actions against James Hardie has said the judge who hears a carriage fight and applications for a group costs order should preside over the trial to avoid inefficiencies.
Two law firms will battle for carriage of a shareholder class action against hearing device manufacturer Cochlear, a court has heard.
Former CEO and chairman of budget airline Rex Lim Kim Hai has been hit with a $800,000 penalty and a four-year disqualification order for admitted breaches of his continuous disclosure obligations.
FX Group Holdings has partly succeeded in its appeal of a finding that it owes private equity firm CPE Capital $96.89 million in a dispute over a profit-sharing agreement tied to the sale of CPE’s stake in trading platform Pepperstone.
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.