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The founder of fintech Humm Group has agreed to step down from the board as he brings a High Court challenge over a Takeovers Panel ruling that found unacceptable circumstances in relation to a $385 million takeover offer by Credit Corp.
Vehicle leasing company FleetPartners has reached an agreement to resolve a shareholder class action for $27 million.
A judge has approved amendments to a shareholder class action against iSignthis and auditor Grant Thornton, over the opposition of the fintech firm, which argued the changes would amount to an abuse of process.
Former Humm Group chair Andrew Abercrombie wants the High Court to overturn a Takeovers Panel ruling that found he misled investors about a takeover bid by Credit Corp.
ASIC has lost its case alleging software company Nuix failed to publish corrective disclosures that contradicted the growth story presented to the market in a prospectus for its $1.8 billion float on the ASX.
Gaming company Light & Wonder has been hit with a securities class action over disclosures about its Dragon Train poker game, after an employee's theft of rival Aristocrat's trade secrets led to litigation that settled for $190 million.
A second law firm has launched a shareholder class action investigation into James Hardie's alleged inadequate disclosures about troubles in its North American fiber cement unit in a market guidance for the 2026 financial year.
James Hardie may soon face a second shareholder class action — this one over alleged inadequate disclosures about troubles in its North American fiber cement unit in a market guidance for the 2026 financial year.
A judge has rejected a bid to amend a shareholder class action against Beach Energy, saying the way the applicant had articulated its case on loss by reference to an expert report was “apt to lead to confusion”.
A former Beacon Minerals project manager who managed the gold exploration drilling program for the company's Jaurdi gold project in Western Australia has pleaded guilty to one count of insider trading.