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Dairy giant a2 Milk has been hit with a second class action alleging it misled shareholders by providing an overly rosy forecast for its infant formula sales.
Peter Dutton wins $35,000 in defamation damages over ‘rape apologist’ tweet
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Defence minister Peter Dutton has won $35,000 in damages in a defamation case over a tweet accusing him of being a rape apologist, with a judge finding the tweet conveyed that the minister “excuses rape”.
In class action defence, Merivale says it shouldn’t be forced to backpay staff
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Hospitality giant Merivale has streamlined its defence of a $129 million underpayment class action, arguing that it shouldn’t be expected to back pay employees because it operated its business under the mistaken belief that its enterprise agreement governing staff at 70 of its venues was valid.
ASIC imposes new conditions on ASX following multi-billion dollar outage
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The Australian Securities and Investments Commission has imposed additional license conditions on the Australian Securities Exchange after operational issues created a “very serious” outage last year.
SA Power Networks settles Yorketown bushfire class action for $2.25M
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South Australian Power Networks has reportedly agreed to pay $2.25 million to settle a class action brought by the victims of the 2019 Yorketown bushfire.
Ashurst snags restructuring ace from Norton Rose Fulbright
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Ashurst has picked up a leading insolvency partner from Norton Rose Fulbright who advised on the restructure of the beleagured Arrium Group.
Romeo’s settles two underpayments class actions
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Supermarket chain Romeo’s has reached a settlement in two class actions alleging staff were underpaid, but details of the agreements are scant.
Judge questions why fees, commission missing from Crown settlement notice
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A judge has directed that the legal fees and funding commission sought to be deducted from a $125 million class action settlement with Crown Resorts be included in a proposed notice to shareholders, after learning that group members were forced to click through to Maurice Blackburn’s website to find the “critical” figures.
‘We don’t understand’: Rentokil confused by ex-manager’s defence in $3.2M invoice case
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A lawyer for Rentokil has told a court the pest control company is scratching its head over the defence by a former manager accused of a $3.2 million fraudulent invoice scheme, noting the employee admits invoices were paid into his personal account.
Novartis unit Sandoz sues to revoke Bayer’s patents for blood thinner Xarelto
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Generic drug maker Sandoz AG has filed proceedings seeking the revocation of two patents registered in Australia by German pharmaceutical giant Bayer covering its top-selling blood clot drug Xarelto.