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ASIC flags penalty privilege fight with Nuix directors
ASIC 2023-09-06 10:12 pm By Sam Matthews

As it readies its civil penalty suit against tech company Nuix for trial, ASIC has flagged a possible dispute about the extent of penalty privilege […]

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‘Cavalier’ witness tanks ASIC’s long-running case against Quintis founder
Corporate 2023-08-29 11:14 pm By Christine Caulfield

The corporate regulator has lost its civil case against Frank Wilson, the founder of sandalwood oil producer Quintis, after failing to persuade the Federal Court […]

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Three law firms team up in battle to run class action against Downer
Class Actions 2023-08-28 11:31 pm By Sam Matthews

The field of competitors in a four-way contest to run a shareholder class action against Downer EDI over a $40 million profit overstatement has narrowed […]

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Ardent Leisure settles class action over Dreamworld tragedy for $26M
Class Actions 2023-08-24 11:55 am By Cat Fredenburgh

A $26 million settlement has been reached in a class action against Ardent Leisure alleging it misled shareholders about safety measures that were in place […]

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AMP to pay $110M to settle shareholder class action
Class Actions 2023-08-21 11:30 am By Cindy Cameronne

A shareholder class action that was filed in the wake of the banking royal commission over AMP’s fees-for-no-service practices has settled for $110 million.  The […]

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Deloitte settles class action over Hastie audits
Settlement 2023-08-16 10:13 pm By Cat Fredenburgh

Deloitte has settled a shareholder class action over its audits of collapsed construction group Hastie, a case which dragged on for six years as the […]

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Noumi to face penalty in ASIC case after admitting to inflated inventory
Securities 2023-08-15 9:46 pm By Cindy Cameronne

Noumi has admitted in a case by ASIC to breaching its continuous disclosure obligations by overstating the value of its inventory and failing to give […]

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Blue Sky director points finger at EY in shareholder class action
Class Actions 2023-08-15 10:55 pm By Cindy Cameronne

A Blue Sky director has pointed the finger at auditor Ernst & Young in a class action alleging the collapsed investment firm misled shareholders by […]

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Super fund suing Slater & Gordon looks to join Allegro Funds
Corporate 2023-08-11 11:53 am By Sam Matthews

A self-managed superannuation that has taken Slater & Gordon to court over the acquisition of its shares in the firm by Allegro Funds is seeking […]

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Medical glove maker Ansell handed shareholder class action
Securities 2023-08-09 10:47 pm By Christine Caulfield

A shareholder class action has been filed against medical glove manufacturer Ansell Limited following an earnings guidance downgrade blamed on COVID-19. Law firm Slater and […]

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