Most Recent
Light & Wonder has hit back at a securities class action over disclosures about the theft of Aristocrat's trade secrets, denying that its 2025 $1.4 billion forecast depended on its Dragon Train poker game which misappropriated its rival's IP.
A judge has questioned how a law firm arrived at a proposed GCO rate of 35 per cent in a shareholder class action against Light & Wonder and wants more data to support the application, which the game maker said was based on "impressionistic" evidence.
A judge has largely refused a bid by DGR Global to amend its “tortured” case against Baker McKenzie and others for a fourth time, calling the changes "renovations rather than mere repair".
The law firm behind a shareholder class action against poker machine company Light & Wonder is calling for a contingency fee on the high end of group costs orders issued to date.
A shareholder class action alleges Cochlear knew months before announcing a profit downgrade that weakening US demand, financial pressures on hospitals and problems with its new Nexa implant made its FY26 earnings guidance unreliable.
The founders of automotive data company Blue Flag have sued majority owner Optimus Group, claiming it improperly sent default notices to divert a share exit process.
Hearing implant giant Cochlear faces a second shareholder class action following two forecast downgrades that wiped billions of dollars from the company's market value.
A class action over the collapse of asset manager Blue Sky has been ordered to pay $630,000 in security for the costs incurred by the respondents in defending against the claims of insider trading.
Private resources company Mayfair Australia Corporation faces oppression litigation alleging two shareholders were removed from the company share registry without their consent.
A court has slapped an injunction on Ryzon Materials to restrain it from a proposed capital reduction, citing concerns it could allow the company to avoid a potential penalty in a case by the corporate regulator.