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The former CEO of failed AI marketing start-up Metigy has been charged with providing false statements to investors and misusing his position as a director following an investigation by the corporate regulator.
‘Influx’ of consumer class actions likely after High Court’s Toyota decision, lawyer says
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Landmark High Court decisions in class actions against Toyota and Ford on how damages should be calculated for defective vehicles will spark more consumer class actions, a plaintiff lawyer told Lawyerly.
‘Eye-watering’ legal costs in NT stolen wages class action: judge
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Shine Lawyers wants to claim $24.5 million in legal costs in a stolen wages class action on behalf of Northern Territory First Nations people, a sum a judge called “eye watering”.
ASIC launches formal MinRes probe over Ellison tax dodge claims
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The corporate cop has launched a formal investigation after the airing of tax evasion allegations against Mineral Resources’ billionaire founder, Chris Ellison.
Judge grounds Moccona’s infringement claims over Vittoria’s coffee jar design
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Vittoria has defeated claims in an intellectual property battle that it infringed on rival Koninklijke Douwe Egbert’s trade mark for the design of its Moccona instant coffee jar.
Government to ban social media for kids under 16
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The Albanese government has taken aim at social media companies, proposing a world-first ban on access to their platforms for children under 16.
Partner numbers at consulting firms should be capped in wake of PwC scandal: report
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Professional services firms should be limited to 400 partners to improve accountability and transparency, a final parliamentary report into the PwC tax scandal has proposed.
‘Study help’ platform Chegg faces first-ever case over academic cheating
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In the first case of its kind, a government agency has filed proceedings against education technology company Chegg, alleging it has breached laws designed to prohibit academic cheating.
Chemist Warehouse, Sigma win ACCC approval for $8.8B merger
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The competition regulator has given its blessing to the $8.8 billion merger of Chemist Warehouse and Sigma Healthcare, subject to a promise that franchisees will be free to terminate their contracts.
Blackstone’s bid to acquire I’rom raises competition concerns over clinical trials
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The ACCC has red flags about the acquisition of Japanese healthcare business I’rom Group by private equity behemoth Blackstone.