IC Markets hit with class action over risky CFDs

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Sydney-based online broker International Capital Markets has been hit with a class action, and is facing the threat of another representative proceeding by investors who lost money trading risky contracts for difference.

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Higgins told ‘bald faced lies’ to save her job, court told as Lehrmann trial wraps

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On the final day of trial in Bruce Lehmann’s defamation case against Network Ten and journalist Lisa Wilkinson, barrister for the former Liberal staffer told the court his colleague Brittany Higgins falsely accused him of rape to avoid being sacked.

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Judge doubts Lehrmann’s ‘implausible’ evidence he was working at time of alleged rape

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A judge hearing the final day of Bruce Lehrmann’s defamation trial against Network Ten and presenter Lisa Wilkinson has expressed his doubt at the plausibility of the former Liberal staffer’s evidence that he was working on Question Time briefs at the time he allegedly raped Brittany Higgins.

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Directed Electronics wins $168.5M in Hanhwa trade secrets case

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Automotive electronics company Directed Electronics has won a $168.5 million award after a judge found its former manager and South Korean giant Hanhwa engaged in a “reprehensible” trade secrets theft.

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‘Fundamentally dishonest’: Ten says Lehrmann’s evidence should be treated with ‘extreme suspicion’

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Network Ten has argued that accused rapist Bruce Lerhmann’s evidence should be treated with “extreme suspicion” and rejected where it is not corroborated, as the judge overseeing Lehrmann’s defamation case against the broadcaster noted “real credit issues” with both Lehrmann and his accuser Brittany Higgins. 

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ASIC loses novel case against Zurich over claims handling

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In a victory for Zurich Australia, the Australian Securities and Investments Commission has lost its first-ever civil penalty case alleging an insurer failed to act with utmost good faith during claims handling.

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Cantarella tries to revive ‘Oro’ mark for Vittoria coffee

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Vittoria’s Cantarella Bros has lodged an appeal in a long-running trade mark stoush with Italian rival Lavazza after a judge found the coffee manufacturer’s two registered ‘Oro’ marks should be cancelled because the word was previously used by another coffee supplier. 

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Bruce Lehrmann’s denials ‘disgraceful’, defamation trial told

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Accused rapist Bruce Lehrmann’s denial that he had any sexual contact with his former colleague Brittany Higgins was “quite disgraceful conduct”, the judge presiding over his defamation trial has heard.

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Kerry Stokes can’t see Fairfax’s itemised legal bill in Ben Roberts-Smith case

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Billionaire Kerry Stokes has lost his challenge to paying in lump sum Fairfax’s legal fees in defending Ben Roberts-Smith’s failed defamation case over war crimes allegations, having argued for an itemised bill after the Seven West Media chair agreed to foot the costs on an indemnity basis.

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