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A law firm is investigating an shareholder class action against lithium battery producer Magnis Energy Technologies and auditor Hall Chadwick after its share price plummeted to four cents late last year.
Maurice Blackburn employment head appointed race discrimination commissioner
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Maurice Blackburn’s head of employment law in Queensland, Giri Sivaraman, has been appointed as the next race discrimination commissioner, commencing his five year stint in March.
Thomson Geer picks up partners from Gadens, Holding Redlich
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Thomson Geer has recruited new partners from Gadens and Holding Redlich to strengthen the law firm’s IP and corporate benches.
Ex-Liberal MP Moira Deeming can’t use court to pare 67 defamation claims, judge says
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Former Victorian Liberal MP Moira Deeming has lost a bid to split her defamation case against state party leader John Pesutto, after a judge expressed his reluctance to have the court sort through her claim that publications by Pesutto carried 67 different defamatory imputations against her, including that she is a neo-Nazi.
Lawsuit accuses PwC of denying ex-partner retirement payments over leaks crisis
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A former PricewaterhouseCoopers partner has sued the firm for denying him retirement payments for moving to alleged competitor DLA Piper and for his alleged involvement in the firm’s tax leaks crisis.
Cattle exporter Wellard settles shareholder class action for $23M
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A shareholder class action against livestock exporter Wellard over a profit downgrade following its $300 million initial public offering in 2015 has settled for $23 million.
Court approves $4.5M settlement in fire class action
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A judge has approved a $4.5 million settlement in a class action over a fire allegedly ignited by welding work in rural NSW, despite a handful of objections from group members.
‘Merger parties must make their case’, ACCC says in push for merger overhaul
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Australia’s merger review regime is “outdated” and in need of an overhaul, according to the Australian Competition and Consumer Commission, which says companies must explain why their acquisitions should get the all-clear.
Hanson says US expert can’t opine on Aussie meaning of ‘Back to where you came from’ dig
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A professor from Texas has no business offering an opinion on the meaning of One Nation senator Pauline Hanson’s exhortation to the Greens party deputy leader that she “piss off back to Pakistan”, a court has heard.
Ralan exec to do jail time after pleading guilty to fraud over $251M loans
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The former managing director of property developer Ralan Group has been sentenced to four years immediate imprisonment after pleading guilty to six fraud offences over loans the defunct group took out to fund several projects in Sydney.