Finfluencer sentenced to two and a half years for market manipulation

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A Melbourne investor who posted in an online forum that a pump and dump scheme was all part of the “fun and games and cat and mouse of the stock market” has been sentenced to two and half years imprisonment for market manipulation.

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Greens deputy leader launches discrimination case over Pauline Hanson Tweet

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One Nation senator Pauline Hanson has been taken to court by Greens deputy leader Dr Mehreen Faruqi over a social media post Faruqi claims was insulting and humiliating.

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Virgin quashes Rex’s ‘Economy X’ trade mark

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Virgin Australia has won its opposition to rival Regional Express’ bid to trade mark ‘Economy X’, with an IP Australia delegate finding Virgin had an earlier claim to ownership of an identical mark. 

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Rangers Football Club hits back at $3M suit over abandoned match

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Scottish football team Rangers says it was entitled to nix an agreement to play matches in Sydney last year, in its defence to a $3 million suit brought by Australian sports promoters TEG Live and Left Field Live.

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Nuix class action to go ahead despite ASIC case

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A shareholder class action against software company Nuix will go ahead as planned, after a stay application threatened to put the proceeding on ice pending the outcome of a separate case brought by ASIC.

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Cost of independent counsel to advise on Banksia silk’s $1.25M offer ‘can’t be justified’, court says

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The Victoria Supreme Court will not appoint a contradictor to weigh in on the reasonableness of a $1.25 million settlement offered by companies associated with the wife of a once prominent silk struck from the roll over the Banksia Securities class action scandal.

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Class action can’t grill Noumi lawyer on legal privilege claims over PwC docs

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The applicants in a shareholder class action against the former Freedom Foods have failed in a bid to cross-examine Noumi’s inhouse counsel on affidavits swearing to the legal professional privilege of 3,000 documents, including material containing advice from accounting firm PricewaterhouseCoopers.

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GetSwift director can’t be located for service of suit by ex-Demons teammate

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GetSwift director Joel Macdonald cannot be located for service of a $15 million lawsuit by his former Melbourne Demons teammate James Strauss, a court has heard.

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