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Law firms team up to join two Nuix class actions, want third case shut down
Class Actions 2022-05-17 10:06 pm By Christine Caulfield

Two law firms are joining forces in the hopes of winning a contest of competing securities class actions against technology company Nuix over its $1.8 […]

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GetSwift, directors drop appeal of judgment on ‘PR-driven’ approach to disclosures
Securities 2022-05-16 11:38 pm By Cat Fredenburgh

Logistics company GetSwift and its directors have dropped their challenge to a judgment that found the company breached its continuous disclosure obligations with its “PR-driven” […]

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KPMG takes Arrium class action venue battle to High Court
Class Actions 2022-05-13 1:33 pm By Christine Caulfield

A fight over the venue for a class action against KPMG by investors in the collapsed mining company Arrium has been taken to the High […]

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Virgin Australia won’t take financial hit from shareholder class action
Securities 2022-05-13 10:02 pm By Christine Caulfield

A shareholder class action against Virgin Australia over representations made in a prospectus for a $324 million capital raising won’t put a dent in the […]

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Crown Resorts must tell class action what board knew about money laundering
Class Actions 2022-05-12 4:44 pm By Cindy Cameronne

A judge overseeing a shareholder class action against Crown Resorts has ordered the casino giant to give details of board members’ knowledge about two bank […]

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Ex-Bellamy’s director Jan Cameron sues to avoid tax on sale of 2.5M shares
Tax 2022-05-11 5:00 pm By Cindy Cameronne

Former Bellamy’s Australia director Jan Cameron has filed proceedings against the Australian Taxation Office to avoid paying capital gains tax on the sale of 2.5 […]

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ASIC says Australian Mines lied about funding for ‘critical’ $500M project
Energy & Natural Resources 2022-05-10 4:53 pm By Cat Fredenburgh

The corporate regulator has taken Australian Mines to court after its managing director was allegedly caught lying at an investment conference about the value of […]

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‘Just a fishing expedition’: Quintis class action can’t see EY meeting docs
Class Actions 2022-05-05 4:45 pm By Cindy Cameronne

Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director […]

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ASX wants $3M security for costs from iSignthis after Cyprus move
Financial Services 2022-05-05 4:56 pm By Sam Matthews

The Australian Stock Exchange is seeking $3.25 million in security for costs as it defends a $464 million lawsuit brought by fintech firm iSignthis, a […]

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Keybridge’s Bolton grilled over 1 min call he says secured ‘firm’ deal with Bell Potter
Trials 2022-05-02 9:43 pm By Cindy Cameronne

Keybridge Capital managing director Nicholas Bolton has been grilled over a phone call in April 2015 lasting one minute and 18 seconds in which the […]

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