The corporate watchdog has imposed additional conditions on Macquarie Bank’s financial services licence, citing multiple and significant compliance failures.
Shareholders are set to pocket 58 per cent of a $65 million settlement in a class action against Treasury Wine Estates if the deal is approved by a court at a hearing this month.
The funder that backed a failed shareholder class action against an ex-Quintis director and EY is fighting a bid for a third-party costs order, arguing such orders shouldn’t be imposed on funders where there is no doubt they will pay up.
Building materials giant James Hardie has promised it won’t seek foreign exempt listing status and will not de-list from the ASX without the green light from shareholders, following backlash to its $14 billion merger with US home decking provider AZEK.
A shareholder class action has been lodged against iSignthis and auditor Grant Thornton over the delisted fintech’s 2018 financial statements.
A $43 million settlement in a class action alleging Noumi misled investors about its inventory is fair and reasonable in light of confidential information about the food company’s financial position, a court has heard.
Paladin Energy has been hit with a shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.
The corporate regulator has brought enforcement action against Wiluna Mining, accusing the gold mining operation of misleading conduct over a capital raising a month before it went under.
The applicant in a suit against S&P over alleged defective ratings can tweak its pleadings ahead of a June trial, with a judge rejecting S&P’s argument the changes introduce a new case.
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.