Troubled retail technology firm Irexchange is accused of misleading shareholders through three different capital raising offers, according to a new Federal Court case brought by investors who sunk over $4.5 million into the company.
A local businessman and former local council member behind a dramatic change in Victoria’s trading hour laws has been sued for sexual harassment by a former employee who alleges he continued to contact her even after she expressed discomfort with him trying to touch her, allegedly telling her “we will work on that”.
An investigation into donations made to activist group GetUp! by the Australian Workers’ Union more than a decade ago has been closed down by a judge, who has also ordered the return of documents seized in high-profile raids of the union’s offices.
Dentons is standing by the legal advice it gave to Afterpay regarding its compliance with anti-money laundering laws, after an independent auditor found the buy now, pay later company received “incorrect” advice from top-tier Australian law firms.
ASIC has successfully defended a $10 million defamation case brought by a Canadian trader, with a judge finding any loss experienced was due to his firm’s traders manipulating the market.
Two Westpac units have defended their choice to charge higher superannuation fees, saying in their responses to a Slater and Gordon class action that customers received numerous positive benefits in exchange for the charges.
International hip-hop superstar Jay-Z has sued an Australian children’s book manufacturer for “flagrant, glaring and contumelious” intellectual property infringement with its ‘AB to Jay-Z’ baby books.
Westpac CEO Brian Hartzer has stepped down after admitting he was “ultimately accountable” for failures detailed in an AUSTRAC lawsuit alleging over 23 million breaches of anti-money laundering and counter-terrorism financing laws.
Greens Senator Sarah Hanson-Young has been awarded $120,000 in damages after suing former senator David Leyonhjelm, with a judge finding there was no justification for defamatory commments he made to the media and that he acted with malice.
Buy now, pay later giant Afterpay got bad legal advice from “top tier Australian law firms” on its anti-money laundering compliance, an auditor’s report has found.
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