Roche asks court to stop launch of Novartis’ MabThera biosimilar

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Drug giant F. Hoffman-La Roche asked the Federal Court Tuesday for an order barring the release of a generic version of its blockbuster cancer drug MabThera by a unit of Swiss rival Novartis, which it claims could lead to “tens of millions of dollars” in losses.

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Law firm rivals in bidding war to woo AMP shareholders

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A bidding war erupted Tuesday among law firms angling to lead a $2 billion shareholder class action against AMP, with Maurice Blackburn announcing a “super deal” and Quinn Emanuel besting that with a funding arrangement to “shake up” the market.

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Judge takes scalpel to Commonwealth Bank class action

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The judge overseeing a Maurice Blackburn-led shareholder class action against Commonwealth Bank of Australia over allegedly lax anti-money laundering and anti-terrorism financing controls has struck out a portion of the statement of claim for “pleading deficiencies”.

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Judge must decide whether Fairfax article is about Harry Triguboff

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A judge overseeing a defamation case brought by billionaire Meriton founder Harry Triguboff against Fairfax Media must decide whether an article about the property company that appeared in the Australian Financial Review can be reasonably said to be about Triguboff.

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Fraud case against Shane Heal dropped after star witness no-show

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The fraud case against Australian basketball great Shane Heal has been withdrawn after prosecutors’ could not get their US-based star witness to testify in time.

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Judge gives cleaning co. in Fair Work case one more chance

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A Federal Court judge has given the owner of an ACT-based cleaning company one more week to comply with court orders, after being accused of dragging out a Fair Work case by the United Voice union for almost two years.

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IT consultant charged with insider trading after ASIC probe

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A Sydney-based IT consultant faces multiple charges of insider trading after illegally accessing stock information from a financial publisher, the Australian Securities and Investments Commission said Monday.

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