Merricks Capital sues to stop former exec from working at Switzer-led boutique

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Melbourne-based hard assets investment manager Merricks Capital has filed court proceedings to block its ex-managing director and two other former employees from working at a investment boutique run by financial commentator Peter Switzer and his son Marty.

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Judge slams Andrews government for ‘opaque cover-up’ in hotel quarantine class action

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A judge has criticised the Andrews government for withholding information about the alleged transmission of COVID-19 to a security guard working in hotel quarantine in a class action claiming lapses in the program caused Victorian businesses to suffer losses. 

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Mesoblast hit with second shareholder class action over COVID-19 drug

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Regenerative medicine company Mesoblast has been hit with a second class action for allegedly misleading shareholders about it Remestemcel-L treatment for COVID-19 complications.

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Class action wants BSA to double first payment under $20M settlement

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Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an “urgent” bid to ringfence capital raisings from the $20 million payout.

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ASIC wins guilty plea from investor who posted about ‘fun and games’ of 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 pleaded guilty to market manipulation.

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Law firm investigates class action over NDIS data breach

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The law firm behind Australia’s first privacy class action is investigating a recent breach which left the personal information of thousands of participants in the National Disability Insurance Scheme exposed.

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