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EY settlement in class action over Slater & Gordon audits approved
Securities 2022-08-05 2:05 pm By Cindy Cameronne

A judge has blessed Ernst & Young’s settlement with shareholders in a class action alleging the firm, along with Pitcher Partners, approved an overly rosy […]

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Judge accepts Linchpin directors’ penalty privilege claims in class action
Class Actions 2022-08-04 2:43 pm By Cindy Cameronne

A judge has allowed four ex-Linchpin directors facing possible fines by ASIC to put off filing evidence or amended defences in an investor class action […]

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Citing ‘leisurewear effect’, judge says Brambles class action witness should testify in person
Class Actions 2022-08-03 1:52 pm By Sam Matthews

A judge has rejected a bid by chain logistics company Brambles to allow two of its US-based witnesses to appear remotely at an upcoming trial […]

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Bell Potter defeats $10M lawsuit over 1 minute trading call
Corporate 2022-08-01 3:32 pm By Cindy Cameronne

Bell Potter has defeated a lawsuit by Nicholas Bolton’s Keybridge Capital over a 2015 phone call which lasted one minute and 18 seconds in which […]

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Funder backing multiple cases against Deloitte can’t access docs in Noumi class action
Accounting 2022-07-25 11:35 pm By Sam Matthews

Deloitte has won its bid to keep confidential documents away from the funder backing a consolidated shareholder class against food company Noumi which alleges the […]

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Barrister cites finding that PwC used ‘postbox’ lawyer in Noumi class action privilege spat
Class Actions 2022-07-19 4:18 pm By Sam Matthews

A fight over a global privilege claim by Noumi has been foreshadowed in a consolidated shareholder class action against the food company, formerly Freedom Foods. […]

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Nuix slams class action carriage agreement as ‘anti-competitive’
Class Actions 2022-07-18 4:18 pm By Sam Matthews

Shine and Phi Finney McDonald’s fallback plan to cooperatively run a class action against Nuix has come under fire, with the technology company urging the […]

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Wrong plaintiff, wrong defendant: Payton Securities unit loses professional negligence case
Professional Negligence 2022-07-15 11:58 pm By Sam Matthews

Investment manager Payton Securities has lost a bid to recoup claimed losses over $1.4 million stemming from an allegedly negligent property valuation by Bertacco Ferrier, […]

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Online trader shut down following ASIC probe into ‘concerning consumer losses’
Financial Services 2022-07-14 9:58 pm By Sam Matthews

Online trading platform Trade360 will close shop at the end of the month, following an ASIC investigation that found its representatives at an offshore call […]

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ASIC seeks $15M penalty against GetSwift after ‘unprecedented’ offshore move
Securities 2022-07-12 11:01 pm By Cindy Cameronne

ASIC has called for a $15 million penalty against GetSwift and 12-year bans against its directors, who moved the logistics company overseas as the regulator’s […]

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