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Investment firm WAM Active sued by largest shareholder Keybridge
Corporate 2022-06-21 4:17 pm By Christine Caulfield

Keybridge Capital has sued WAM Active seeking declarations that a meeting of shareholders in the Wilson Asset Management subsidiary was validly held and a resolution […]

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Knives come out in Nuix class action beauty parade
Class Actions 2022-06-16 10:21 pm By Sam Matthews

A victor remains to be crowned following a heated beauty parade between competing class actions against tech company Nuix, with two law firms facing criticism […]

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Quintis investors to get $4.7M in class action settlement, court told
Class Actions 2022-06-14 2:51 pm By Cindy Cameronne

Two years after an insurance dispute scuttled a proposed settlement, group members in two class actions against sandalwood producer Quintis are set to receive $4.7 […]

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ASIC wins contested extension in Mayfair, Mawhinney appeals
Appeals 2022-06-14 9:23 pm By Sam Matthews

A judge has granted ASIC a hotly contested extension of time in appeals brought by  Mayfair Group and founder James Mawhinney after a judge slapped […]

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Law firm seeks 30% cut in EML shareholder class action
Class Actions 2022-06-14 2:24 pm By Cat Fredenburgh

The law firm that’s running a shareholder class action against payment processing company EML will seek a group costs order for a 30 per cent […]

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Sims settles shareholder class action for $29.5M
Class Actions 2022-06-10 9:43 am By Christine Caulfield

Recycling company Sims Limited will pay $29.5 million to settle a shareholder class action alleging earnings guidance for FY16 failed to account for the likely […]

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Prosecutors secure second guilty plea in Nova Minerals market manipulation case
Securities 2022-06-10 9:48 pm By Harry Thomas

NSW man Benjamin Cooper has pleaded guilty to manipulating the share price of Nova Minerals in a conspiracy that involved the gold ore mining company’s […]

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Class action should foot the bill for first ever group costs order, judge says
Class Actions 2022-06-07 3:34 pm By Sam Matthews

A judge who ordered the first ever group costs order in a class action has found that the costs of the application should be borne […]

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Mesoblast hit with second shareholder class action over COVID-19 drug
Class Actions 2022-06-07 3:17 pm By Cat Fredenburgh

Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications. Phi Finney McDonald’s […]

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ASIC wins guilty plea from investor who posted about ‘fun and games’ of market manipulation
White Collar 2022-06-07 4:44 pm By Harry Thomas

A Melbourne investor who posted in an online forum that a pump and dump scheme was all part of the “fun and games and cat […]

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