Pendal dodges email production before trial in manager’s adverse action case

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Fund manager Pendal Group has fended off calls to produce documents two months out from trial in a case by a portfolio manager who alleges he was threatened with termination while on stress leave, and later made redundant.

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Forex broker representative loses challenge to ASIC expert opinion

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The authorised representative of forex broker Union Standard can’t exclude parts of an opinion by an ASIC-appointed expert in a case alleging it traded in margin products with Chinese clients despite knowing it was illegal under Chinese law.

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Melbourne University justified in sacking professor over ‘highly inappropriate’ texts: FWC

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The Fair Work Commission has upheld the firing of a Melbourne University professor who was found to have pursued an inappropriate personal relationship with a former employee who later complained she had been “groomed”.

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Female partner drops sex discrimination case against ISG

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A sex discrimination case by the only female partner at global tech research company Information Services Group has been discontinued after a judge panned the “ludicrous” number of witnesses expected to give evidence.

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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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