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Shareholder class action against Sirtex settles mid-trial
Trials June 6, 2019 10:47 pm By Christine Caulfield

Sirtex Medical has reached a mid-trial agreement to resolve a consolidated shareholder class action that centred on the biotech company’s sales forecasts of its radiation […]

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Ex-Hastie Services CEO says nothing ‘dodgy’ about orders to close earnings gap
White Collar June 4, 2019 10:03 pm By Miklos Bolza

The former chief executive officer of Hastie Services has admitted to asking staff to make up for a shortfall between forecast and actual profits at […]

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Key witness in Hastie Services execs’ trial pointed the finger to save herself, jury hears
White Collar June 3, 2019 8:50 pm By Miklos Bolza

A former finance manager from Hastie Services and key witness for the prosecution in the criminal trial against two of the company’s former executives only […]

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Ex-Hastie Services CEO ordered ‘raid’ on balance sheets to make up targets, court hears
White Collar May 30, 2019 5:19 pm By Miklos Bolza

The former CEO of a unit of collapsed construction firm Hastie Group told staff to “raid the balance books” to make up financial targets linked […]

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Trial in Fitch Ratings class action delayed a second time
Class Actions May 13, 2019 10:43 pm By Cat Fredenburgh

A battle over expert evidence in an invester class action against Fitch Ratings has delayed this month’s scheduled trial in the case by three months […]

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Westpac slams ASIC for ’19th century approach’ to home loans
Financial Services May 6, 2019 8:35 pm By Miklos Bolza

Banking giant Westpac has criticised the Australian Securities and Investments Commission’s old fashioned approach to home loan serviceability, saying its own complex system is more […]

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ASIC pares claims against Westpac on eve of trial
Financial Services May 3, 2019 11:45 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has narrowed its case against Westpac ahead of a high-stakes trial over the bank’s alleged violations of lending laws, […]

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Property developers accused of ‘gaming the system’ at GST class action trial
Class Actions May 1, 2019 10:58 pm By Amelia Birnie

Multiple Canberra property developers have been accused of deliberately trying to avoid repaying GST to home buyers at the outset of a class action trial […]

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Hanson-Young defends TV comment that ‘men behave like morons and pigs’
Trials April 30, 2019 5:57 pm By Amelia Birnie

Facing cross-examination on the second day of her defamation hearing against former Senator David Leyonhjelm, Greens Senator Sarah Hanson-Young denied she suggested all men were […]

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Rugby League stand-down rule ‘draconian’, court hears at Jack de Belin trial
Trials April 15, 2019 3:31 pm By Christine Caulfield

An Australian Rugby League Commission rule barring St George Illawarra Dragons forward Jack de Belin from taking the field is “draconian” and “unfair”, a court […]

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