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iSignthis, Grant Thornton point the finger in class action defence
Class Actions 2025-10-31 11:54 pm By Sam Matthews

iSignthis and auditor Grant Thornton have each pointed the finger at each other in response to a shareholder class action over the delisted fintech’s 2018 financial statements.

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Fraudster Chris Marco cops record 14-year sentence for Ponzi scheme
White Collar 2025-10-30 11:06 pm By Christine Caulfield

A court has slapped a 14-year jail term on Perth businessman Chris Marco, after a jury found him guilty of 43 charges connected to a $34 million fraud on investors.

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FWO may revise Super Retail underpayments suit after Coles ruling
Employment 2025-10-29 3:13 pm By Cindy Cameronne

The Fair Work Ombudsman is considering amending its underpayments case against Rebel Sport owner Super Retail Group, following a significant ruling in underpayments proceedings against Woolworths and Coles.

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Blockchain Global director can’t leave country amid ASIC probe
Cryptocurrency 2025-10-29 11:55 pm By Christine Caulfield

Court orders have been issued barring a director of cryptocurrency exchange operator Blockchain Global from travelling outside Australia while the corporate regulator investigates the collapse of the exchange.

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WiseTech office raided in probe of Richard White share trades
Investigation 2025-10-28 11:55 pm By Cat Fredenburgh

WiseTech’s Sydney office has been raided by federal police and the corporate regulator as part of an investigation into share trading by its billionaire chairman and founder Richard White and three others.

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ASIC, eToro settlement falls through in novel CFD case
ASIC 2025-10-28 11:57 pm By Julia Kanapathippillai

Trial has kicked off in ASIC’s first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.

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Microsoft deliberately concealed AI-free 365 plan, ACCC claims
AI 2025-10-27 11:59 am By Cat Fredenburgh

The ACCC has taken Microsoft to court, alleging the software giant misled 2.7 million customers of its 365 product suite into believing they had to subscribe to its AI assistant Copilot, knowing they were sceptical of the new product.

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ACCC seeks penalty of up to $13M for Qteq’s attempted cartel conduct
Competition & Consumer Protection 2025-10-27 11:52 pm By Julia Kanapathippillai

The ACCC has asked a judge to slap Queensland-based mining equipment company Qteq with a penalty of between $11 million and $13 million after he found the company and its chairman attempted to engage in cartel conduct. 

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Adviser banned as ASIC probes $526M investment into Shield, First Guardian
ASIC 2025-10-27 11:33 pm By Cat Fredenburgh

ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.

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ACCC won’t fight $75M Cuscal, Indue tie-up
M&A 2025-10-24 2:31 pm By Cindy Cameronne

The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal’s to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition. 

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