Fortescue scores win against start-up accused of ‘industrial scale’ misuse

Posted on 2024-10-042024-10-05 by Cindy Cameronne

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Fortescue has defeated a bid by its former CFO’s green iron start-up to set aside search orders that were said to have been secured “off the back of egregious material non-disclosure”.

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Class action adversaries on same side in High Court’s class closure case

Posted on 2024-10-042024-10-05 by Sam Matthews

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The applicants in a class action against Lendlease have found common ground with the construction giant in High Court submissions, both arguing for power to make class closure orders.

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Ex-EY partner accused of taking $700K in secret commissions won’t ‘show hand’

Posted on 2024-10-042024-10-05 by Cindy Cameronne

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A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.

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Trial against Blockchain Global deferred to allow CEO to be joined

Posted on 2024-10-042024-10-04 by Andy Sidler

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A lawsuit by former Blockchain Global employees against the defunct cryptocurrency exchange has been stalled to allow CEO Sam Lee to be joined to the case.

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X loses challenge to notice from e-Safety Commissioner

Posted on 2024-10-042024-10-05 by Sam Matthews

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A judge has thrown out X’s challenge to a compliance notice issued by the eSafety Commissioner to its corporate predecessor Twitter over child sexual abuse monitoring on its platform.

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Court dismisses charges against former Macquarie adviser

Posted on 2024-10-042024-10-05 by Christine Caulfield

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A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client’s authority has been dismissed.

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Coles, Woolworths face class action investigation over discount claims

Posted on 2024-10-032024-10-04 by Cat Fredenburgh

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Coles and Woolworths may be hit with class actions for allegedly misleading customers with false discounts.

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‘8 words in an email’: Boral slams ruling clearing class action to grill CEO

Posted on 2024-10-032024-10-14 by Sam Matthews

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Boral has asked the Full Court to hear its appeal of a decision allowing its former CEO to be questioned about an email that mentioned a confidential EY report.

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ANZ, OnePath to pay $50M in super class action settlement

Posted on 2024-10-032024-10-04 by Christine Caulfield

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Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.

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Blue Sky founder’s claims against ASIC thrown out as ‘untenable’

Posted on 2024-10-032024-10-04 by Andy Sidler

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A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.

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