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A former mining executive has been sentenced to 18 months in prison for buying shares in ASX-listed Minotaur Exploration based on information gleaned through a joint venture with the mining exploration company.
Cryosite offers $1M to resolve ACCC’s first ‘gun-jumping’ case
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Biotech company Cryosite has agreed to pay $1.05 million to settle the competition regulator’s landmark case alleging it jumped the gun on a proposed merger agreement with rival Cell Care.
Norton Rose may face contempt of court motion in dispute with ex-partner
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A former Norton Rose Fulbright partner says he may file a contempt of court motion against the firm for allegedly failing to produce certain evidentiary documents for over two years.
Mills Oakley settles with lawyer allegedly sacked for drunk partner complaints
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Mills Oakley has settled a lawsuit brought by a former special counsel alleging the firm terminated her employment after she complained about a partner who she says showed up drunk to work and overbilled clients.
Wavetrain wants court muzzle on competitor’s bad-mouthing over IP
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Railway technology company Wavetrain Systems has asked the court to bar a competitor started by its former CEO from making allegedly false claims about its patented rail safety devices to clients.
Geowash misled franchisees about car wash costs, court finds
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Car wash franchisor Geowash misled franchisees about how much revenue they could expect to earn per month and acted unconscionably in its charging practices, the court has found.
Macquarie advisers who doctored emails win appeal of ASIC’s 10-year bans
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Two Macquarie Private Wealth advisers have won their appeal of an order by the Australian Securities and Investments Commission that banned them for 10 years for falsifying emails and misclassifying client advice.
AFT not ready to take its medicine for ‘misleading’ Maxigesic ads
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AFT Pharmaceuticals has launched a partial challenge to a court ruling that its Maxigesic ads made a number of misleading claims, including that the drug provides stronger and more effective relief than Reckitt Benckiser’s Nuromol.
Clive Palmer hit with copyright suit by Universal Music over Twisted Sister song
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Clive Palmer is facing the music after riffing off Twisted Sister’s 1980s anthem ‘We’re Not Gonna Take It’ in his election campaign ads, with Universal Music lodging a copyright infringement case against the aspiring MP.
WorkPac hit with class action by casual workers
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Labour hire company WorkPac has been hit with a class action on behalf of hundreds of casual miners who claim they were denied annual leave and other entitlements.