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A trade mark attorney has sued boutique IP firm Marquette, alleging she was fired for complaining about her treatment by a supervisor who had been practising as a lawyer for less than a year.
CBA can’t throw out ‘cuckoo-smurfing’ lawsuit
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The Commonwealth Bank of Australia has failed in its bid to dismiss a case brought by customers who claim they were the victims of “cuckoo-smurfing” and had funds seized as proceeds of crime because the bank breached its anti-money laundering obligations.
Pitcher Partners, EY audit blamed for $800M drop in value of Slater & Gordon’s acquired business
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Accounting firm Pitcher Partners gave faulty advice ahead of Slater & Gordon’s disastrous $1.2 billion Quindell acquisition that was responsible for $800 million in the business’ value “disappearing” within six months, a court heard on the first day of trial in a long-running class action by the law firm’s shareholders.
Sparke Helmore partner engaged in ‘blatant cover-up’ to hide oversight, trial told
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The Sparke Helmore partner at the centre of a $1 million professional negligence lawsuit attempted to conceal an “oversight of enormous proportions” that is said to have lost a property developer two lucrative contracts, a court has heard.
Maurice Blackburn sued for negligence for filing lawsuit out of time
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Maurice Blackburn is being sued by a factory worker who claims the law firm’s negligence in failing to file a lawsuit on time cost him the opportunity to recoup significant damages from his former employer for physical and psychological injuries sustained while on the job.
Class action investigation launched over $200M Gippsland mineral sands mine
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A class action investigation is underway on behalf of property holders and business owners in the Gippsland region who have allegedly been intimidated into selling their assets for the development of the $200 million Fingerboards mineral sands mine.
Gallop International hits law firm with $15.4M suit over company’s collapse
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Collapsed forex broker Gallop International Group has sued its former law firm, claiming its failure to ensure the company complied with its obligations as a holder of an Australian financial services licence led to $15.4 million in investor funds being loaned to the company’s director in Hong Kong.
Court blocks short seller from releasing Vulcan Energy report
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Lithium producer Vulcan Energy has won a court injunction blocking Beijing-based short seller J Capital from releasing a critical report on the Perth-based company for one week.
Ex-Quantum Resources CEO sentenced for insider trading
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Former Quantum Resources CEO and director Avrohom Kimelman has been sentenced after being convicted on charges of insider trading and conspiring to manipulate the market in shares of the company, now known as Nova Minerals.
Lawyer takes Banksia class action ruling to appeals court
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The Banksia Securities class action saga will return to the appeals court, with a lawyer indicating he plans to challenge last month’s ruling that found he knowingly assisted in a plot to defraud tens of thousands of investors in the collapsed lender.