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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.
Twitter ordered to hand over details of popular ‘PRGuy’ account
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The Federal Court has ordered social media giant Twitter to produce information related to a user on the platform who goes by the name PRGuy.
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.
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.
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.
ASIC sues online lender Sunshine Loans over ‘prohibited’ fees
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The Australian Securities and Investments Commission has sued Queensland-based Sunshine Loans for allegedly charging over $320,000 in prohibited fees.
IP boutique claims doc destruction in client poaching case
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An IP boutique in a lawsuit against two former lawyers who left to launch a rival firm has alleged documents it sought from the pair had been destroyed or deleted.
Nuix says ex-CEO’s claim off by $140M, but Macquarie director must front court to explain
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A former Nuix director appointed by Macquarie Bank must give evidence in person as the embattled tech company argues a claim brought by its former CEO is off by $140 million.
BSA wants to ringfence capital raisings from $20M class action settlement
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Telco contractor BSA has sued for declarations that cash raised from its 2022 prospectus cannot go towards a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.
Google must pay $715,000 to Barilaro over YouTube videos, may face contempt charge
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A judge has ordered that Google pay $715,000 to former deputy premier of NSW John Barilaro over a “relentless, racist, vilificatory, abusive and defamatory campaign” by YouTube commentator Jordan Shanks that the tech giant “did nothing” to stop.