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More class action law firms have pounced on Downer EDI's "accounting irregularities" that led to the company overstating profits by up to $40 million.
A former director of Australian Mines has copped at $70,000 penalty in ASIC proceedings accusing him of making false and misleading representations at mining investment conferences in 2018.
One of the country's largest software companies has entered a trading halt after detecting unauthorised third-party access to its internal IT system.
A judge has questioned an "unusual" bid by Noumi to shield over 3,000 documents, their titles and the identities of those who sent them to PricewaterhouseCoopers during a 2020 investigation into the food company's financial position.
Infrastructure services company Downer EDI has been hit with a second shareholder class action following revelations of accounting irregularities that sent its share price tumbling.
Wealth management firm Ord Minnett has paid an $888,000 penalty for twice breaching market integrity rules in executing a share buy-back with "pre-arranged" trades.
The applicants in a shareholder class action against the former Freedom Foods have failed in a bid to cross-examine Noumi's inhouse counsel on affidavits swearing to the legal professional privilege of 3,000 documents, including material containing advice from accounting firm PricewaterhouseCoopers.
A shareholder class action against software company Nuix will go ahead as planned, after a stay application threatened to put the proceeding on ice pending the outcome of a separate case brought by ASIC.
GetSwift director Joel Macdonald cannot be located for service of a $15 million lawsuit by his former Melbourne Demons teammate James Strauss, a court has heard.
Two executives involved in ANZ’s $2.5 billion equity capital raising have stood by arguments that the book was covered when the bank’s underwriters took up $750 million of the shares, despite ASIC’s allegations of “receding demand” on the day of the placement.