One of the country’s leading class action lawyers has left Jones Day for Thomson Geer, the third litigation partner to depart the US-based firm in recent months.
The online regulator wants more information from X Corp about the safeguards built into its AI feature Grok, after a reported increase in its use to create sexualised or exploitative imagery.
The University of NSW has been hit with a $211,200 penalty after admitting to “systemic” underpayments of casual staff at its business school.
Reforms to Australia’s merger review regime kicked in on 1 January, but late-breaking amendments to the new laws mean changes to notification thresholds and further exemptions.
WiseTech has agreed to divest logistics software company Expedient, which the ACCC said the Richard White-founded company acquired before the regulator had completed its competition review.
A judge has ordered Australian Unity to pay a $7.1 million penalty in ASIC proceedings alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors.
The corporate cop has sued BDO Audit and director Dean Just in the Federal Court over alleged false and misleading reports it made for ASX-listed software company Dubber.
Binance has agreed to a $10 million penalty in ASIC’s case alleging the defunct crypto firm misclassified retail customers as eligible to invest in risky derivatives, but a judge wants more details before approving the deal.
Fresh off being sued by ASIC for investing $300 million into Falcon Capital’s failed First Guardian Master Fund, super trustee Diversa has been hit with additional licence conditions by the prudential regulator.
Four people who operated an illegal ‘pump and dump’ scheme through the Telegram app have been convicted and sentenced to terms of imprisonment via intensive correction orders.