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A leading construction and commercial law silk in Sydney has been subject to a reprimand by the NSW legal services commissioner for alleged sexual harassment and workplace bullying.
ASIC wins case against Linchpin Capital directors over $17M in client funds
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The Australian Securities and Investments Commission has won its case against four Linchpin Capital directors after a judge found they duped their clients into lining the directors’ pockets and benefitting the parent company.
Court OKs walk-away settlement with former RCR Tomlinson directors
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A judge has approved a walk-away settlement with two former directors of RCR Tomlinson in a shareholder class action against the failed engineering company.
Downer EDI hit with shareholder class action over ‘accounting irregularities’
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Infrastructure services company Downer EDI has been hit with a class action after revealing “accounting irregularities” that sent its share price tumbling.
Judge calls out ‘ego and hubris’ in Murdoch defamation case
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The judge overseeing a defamation action brought by Fox News CEO Lachlan Murdoch over a Crikey article that allegedly linked him to the January 6 riot on the US Capital has questioned the “scorched earth policy” taken by both sides.
Class action seeks court OK to drop case after teleco contractor fails
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The applicant in an underpayments class action against telecommunications contractor Tandem — which has been stayed since the company entered administration — has asked a court to abandon the case.
Wealth guru Dominique Grubisa hits back at ACCC, says course claims ‘substantially true’
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Dominique Grubisa has denied the Australian Competition and Consumer Commission’s allegation that she misled consumers about her wealth management courses, arguing the claims that owners could sell their homes but retain equity were “substantially true”.
ACCC casts doubt over claimed benefits of ANZ’s $4.9B Suncorp acquisition
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The competition regulator has cast doubt on the public interest argument for the proposed $4.9 billion ANZ, Suncorp tie-up, saying Tuesday the nature, likelihood and extent of the touted benefits had not been substantiated.
ASIC brings first case over unfair insurance contract terms
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The Australian Securities and Investments Commission has brought its first-ever case concerning unfair insurance contract terms, targeting Auto & General Insurance Company’s standard form home and contents insurance agreement.
Banksia class action silk’s wife offers $1.25M settlement
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Companies linked to the wife of the disgraced Banksia Securities class action silk Norman O’Bryan have offered $1.25 million to settle proceedings seeking to recover a $21.5 million judgment for defrauded investors.