Treasury Wine Estates’ ‘fishing’ claim against class action firms falls flat

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Law firms accused of “fishing for a case” in a consolidated shareholder class action against Treasury Wine Estates have won access to key financial information in reports to the company’s board, with a registrar finding the material was relevant to the case.

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ASIC takes Macquarie to court after adviser’s $2.9M theft

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The corporate regulator has filed court proceedings against Macquarie Bank alleging it failed to monitor third-party withdrawals, leading to a financial adviser’s theft of $2.9 million in customer funds.

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Nine pays $39,000 to settle defamation case by writer Clementine Ford

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Nine-owned Fairfax Media and journalist Tory Maguire have settled a defamation lawsuit brought by feminist writer Clementine Ford over a statement Maguire made referring to “vile and personal attacks” by Ford.

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Judge takes ‘wait and see’ approach to trial in Epic cases against Apple, Google

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A judge has held off selecting from a “basket of imponderables” in determining how he will hear two competition lawsuits by Epic Games against Apple and Google over the removal of the popular multiplayer game Fortnite from the tech giants’ online stores.

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‘Bad luck’: Judge denies penniless Captain Cook College’s appeal delay bid

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A judge has rejected an application by training provider Captain Cook College to postpone the hearing of its appeal in a case won by the ACCC, saying the company’s inability to fund the appeal was “largely a problem of [its] own making.”

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Ex-GC can’t access fintech’s financials ahead of mediation in discrimination case

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The former general counsel of UK-based transit payment service provider Littlepay has lost her bid to access the firm’s financial statements ahead of mediation in a lawsuit alleging she faced discrimination and bullying when she returned to work after the birth of twins.

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ASIC slaps wealth guru with four-year financial services ban

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Lawyer and wealth guru Dominique Grubisa has been banned from providing financial services and engaging in credit activity for four years, after ASIC found she embellished her qualifications and encouraged students to improperly use Family Court listings to identify investment opportunities. 

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$98M 7-Eleven class action settlement approved but costs, commission hang in the balance

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A judge has signed off on a $98 million settlement in two franchisee class actions against 7-Eleven, but has yet to reach a decision on $19.6 million in legal costs and a $25 million funding commission, which a court-appointed contradictor has urged him to reject.

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Law firms accused of ‘fishing’ to expand class action against Treasury Wine Estates

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Maurice Blackburn and Slater & Gordon are “fishing for a case” against Treasury Wine Estates, a court has heard during a discovery fight in a consolidated shareholder class action against the Penfolds wine maker.

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