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High Court takes up challenge to AMP class action beauty parade
Appeals April 17, 2020 2:15 pm By Christine Caulfield

The High Court has agreed to weigh in on a decision last year to pick Maurice Blackburn’s case as the winner of a beauty parade […]

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Westpac class action denied AUSTRAC docs while multiplicity issue unresolved
Class Actions April 17, 2020 3:40 pm By Alison Eveleigh

The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially […]

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Cellos Software wins $42M from ex-boss who secretly sold shares
Securities April 17, 2020 11:08 pm By Christine Caulfield

Communications software company Cellos Software has been awarded $42 million in damages from its former CEO and director Jason Huber, who secretly bought and sold […]

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ISignthis fights to keep lid on ‘damaging’ ASX findings
Securities April 16, 2020 8:36 pm By Alison Eveleigh

Publication of a document outlining the Australian Stock Exchange’s reasons for suspending the shares of ISignthis would be ‘damaging’ to the fintech company and should […]

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Judge ‘pleasantly surprised’ by virtual trials, refuses to delay GetSwift hearing
Trials April 9, 2020 8:07 pm By Alison Eveleigh

A judge has refused to delay a civil penalty hearing brought by ASIC against GetSwift, scheduled to begin in June, after the logistics company argued […]

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Judge calls for legislative fix in wake of High Court’s common fund ruling
Class Actions April 9, 2020 1:50 pm By Christine Caulfield

Lamenting that he now has less flexibility to manage commission rates, a judge has called for legislative intervention to give courts authority to regulate funding […]

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Quintis reaches settlement in shareholder class action
Class Actions April 9, 2020 7:53 pm By Christine Caulfield

Sandalwood producer Quintis has agreed to settle two class actions by shareholders, but the claims against company founder Frank Wilson and auditor EY will proceed […]

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Directors look to shut down COVID-related shareholder class actions
Class Actions April 6, 2020 10:34 am By Cat Fredenburgh

The Australian Institute of Company Directors is calling on the Federal Government to bar lawsuits over coronavirus-related disclosures, including class actions, but some lawyers warned […]

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Treasury Wine Estates hit with class action over earnings downgrade
Class Actions April 3, 2020 12:59 pm By Christine Caulfield

Treasury Wine Estates has said it will vigorously defend a shareholder class action filed this week over a recent earnings downgrade, one of two possible […]

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Short seller Bonitas ordered to pay $900,000 over misleading report on Rural Funds
Securities April 1, 2020 9:52 pm By Christine Caulfield

Activist short seller Bonitas Research must pay Rural Funds Management almost $900,000 after the US-based Bonitas was found to have engaged in misleading or decpetive […]

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