Most Recent
BHP says shareholders can’t expand class action because of ‘drafting error’
BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.
MinRes boss Chris Ellison to step down after disclosure, integrity failures
Founder and managing director of mining company Mineral Resources Chris Ellison will step down after an internal investigation found he engaged in misconduct.
BHP class action gets 3 extra weeks for high-stakes trial
A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.
Medibank says Deloitte data breach report not relevant in shareholder class action
Medibank is seeking to shield from a shareholder class action an "irrelevant" post-incident report by Deloitte into its massive October 2022 data breach.
Freehills the firm of choice for MinRes, WiseTech as bosses face scrutiny
As Mineral Resources and WiseTech face shareholder glare over accusations levelled at their billionaire bosses, it is Herbert Smith Freehills that their embattled boards have turned to.
iSignthis’ John Karantzis could not pay $1.5M penalty, court told
The former CEO of fintech iSignthis would need a loan to pay a $1.5 million penalty sought by the corporate regulator for breaches of directors duties, a court has heard.
Funder seeks $10.6M cut from Mayne Pharma class action settlement
The funder and law firm that ran a shareholder class action against Mayne Pharma are seeking deductions that would leave more than half of a $38 million settlement for group members.
‘A bottle of wine every night’: Ex-Noumi CFO’s non-disclosures caused him to spiral
The former CFO of Noumi has been hit with a $100,000 penalty and four-year ban for his involvement in the company's continuous disclosure breaches, which a judge heard caused him to drink a bottle of wine every night.
Cooperation not irrelevant in class action beauty parades, appeals court says
An appeals court has backed a decision awarding carriage of a shareholder class action against Downer EDI to two firms that joined their cases, rejecting an argument that it would encourage races to consolidate.
Treasury Wine to pay $65M to settle long-running class action
Treasury Wine Estates has agreed to pay $65 million to settle a shareholder class action that was set down for a seven-week trial beginning Monday.