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Westpac has filed court proceedings in a dispute against its online broker, Australian Investment Exchange, over whether the bank validly terminated their services agreement, which is set to expire at the end of the month.
A securities class action against Boral will go mediation before the former Chief Justice of the Federal Court early next year, with a judge saying the High Court will likely hand down its much-anticipated judgment in the CBA class action before then.
A law firm has won a 39 per cent cut of a $27 million class action settlement with vehicle leasing company FleetPartners, the largest contingency fee percentage awarded to date.
Beauty brand McPherson's and its former boss are challenging the regulator's win in a case over disclosures related to sales forecasts for the company's Dr LeWinn's skincare range.
Corporate Travel Management and auditor PricewaterhouseCoopers face a second class action investigation after an 85 per cent drop in the travel agency's share price following a year-long trading suspension.
In their defences to a shareholder class action, Mineral Resources’ and founder Chris Ellison have denied that two payments totalling $3.8 million needed to be disclosed to the market as related party transactions.
Oil and gas company Beach Energy has agreed to pay $43. 5 million to settle a shareholder class action on the eve of trial.
Corporate Travel Management and PricewaterhouseCoopers may face a class action over financial misreporting after the travel management company said in April that it would reverse $220 million in revenue after a review found it had overcharged customers.
A shareholder class action that succeeded in the Full Federal Court has argued that Worley's appeal to the High Court should be rejected, saying that its proof regarding market-based causation was “overwhelming”.
Mineral exploration company AVZ Minerals does not have the funds to defend itself in ASIC proceedings alleging it failed to disclose a critical legal dispute, including a forgery claim, related to a $32 million lithium mine deal, a court has heard.