Canadian trader Daniel Schlaepfer has suffered a loss in his $10 million defamation case against ASIC, with an appeals court tossing the lawsuit despite finding the regulator defamed him and his firm by accusing them of unlawful market manipulation.
The widow of mining executive Ken Talbot has lost a bid to act for two of her daughters in a negligence case over the handling of her late husband’s estate against law firms Arnold Bloch Leibler and Boyd Legal, with a judge finding claims by the mother and daughters were “directly competing and contrary”.
The founder of embattled investment group Mayfair 101, James Mawhinney, will argue that he should not be ordered to pay any penalty after the company was found to have misled investors about its financial products.
7-Eleven has reached an in-principle agreement to settle two class actions which accused the convenience store giant of misleading franchisees and underpaying employees at its stores.
Victorian electric utility Sumo Power has been fined $1.2 million for luring customers with the promise of discounts and low rates only to jack up their prices months later.
Combining extensive experience in commercial law with a keen pursuit of public interest cases, Marque Lawyers partner Kiera Peacock has her sights set on using the law for good.
Payday lender Cigno has lost its appeal of a ruling which upheld ASIC’s first product intervention order banning the use of short-term lending models with “excessive” fees.
The Council of the NSW Bar Association has filed an appeal after a tribunal found that a Sydney barrister who allegedly pushed an assistant clerk’s head while making a sexual remark at a professional dinner did not commit sexual harassment but was engaging her in “horseplay”.
A fight is looming over a bid by S&P Global for a class action applicant to pay security for the legal costs of defending the litigation, with the applicant arguing it shouldn’t have to fork over anything.
The corporate regulator has secured a travel ban against the brother of former Nuix CFO Stephen Doyle as it pursues a criminal investigation of alleged insider trading by the executive and his family.
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