Directed Electronics appeals partial loss in case over ‘reprehensible’ trade secrets theft

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Car electronics company Directed Electronics has challenged a ruling that partially dismissed its case over the alleged misappropriation of trade secrets by a former manager, who was found to have pocketed $3.6 million in commissions through a secret agreement with rival Hanhwa.

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KPMG points finger at CudeCo, directors in class action over company collapse

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KPMG has hit back at a shareholder class action over allegedly misleading statements made ahead of CuDeco’s collapse in 2020, placing blame on the defunct mining company, its directors and group members themselves. 

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CIMIC wins access to institutional investor details in shareholder class action

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Construction firm CIMIC has won its bid to view identifying information about institutional investors in a shareholder class action, despite the applicant’s claims it could deter group members from signing on to the case. 

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‘ASX Wolf’ trader permanently banned from carrying on unlawful financial services business

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Gold Coast ‘finfluencer’ Tyson Scholz has been permanently barred from conducting a financial services business without a license, after a court found he provided illegal financial services by giving tips on his Instagram account and to customers who paid for access to his seminars and ‘Black Wolf Pit’ chat room.

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High Court snubs Sunwater in appeal over coverage for $440M floods settlement

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The High Court has rejected dam services provider Sunwater’s request that it weigh in on a dispute over insurance coverage for a $440 million class action settlement with victims of the 2010-2011 floods in Queensland.

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Monster Energy hit with patent infringement suit over branded pull tabs

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Monster Energy has been sued by an inventor who claims that the beverage giant infringed his patent for laser etched pull tabs like those used to package its energy drinks.

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‘Too simplistic’: Judges’ support for disclaimer challenged in class action’s High Court appeal

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The farmers leading a class action against Advanta Seeds over contaminated product have brought their case to the High Court, challenging an appeals court’s holding that a disclaimer nullified the company’s duty to protect growers against economic loss.

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As trial in family feud nears, Gina Rinehart’s Hancock Prospecting rebuked for contributing to delay

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A judge has granted a discovery bid by two of Gina Rinehart’s children as a long-running fight over ownership of a valuable mining tenement nears trial, and has rejected her company’s argument that they were solely responsible for dragging out a dispute over documents.

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Architecture firm to pay $975,000 for attempting to rig bids on $250M university project

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Award-wining architecture firm Ashton Raggatt McDougall and its former boss have agreed to pay a combined $975,000 in penalties for attempting to rig bids on a $250 million building project at Charles Darwin University.

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