Securities
Class action fights Worley’s High Court appeal, says proof ‘overwhelming’
A shareholder class action that succeeded in the Full Federal Court has argued that Worley's appeal to the High Court should be rejected, saying that its proof regarding market-based causation was “overwhelming”.
KPMG
ASIC reveals 3 KPMG probes, 500 audit complaints against Big Four
The Australian Securities and Investments Commission is reviewing 551 audit-related complaints against KPMG, PwC, Deloitte and EY as part of surveillance triggered by the recent whistleblower scandal.
ACCC
Judge scolds parties over conferral in ACCC price-fixing case
A judge has scolded the parties in a price-fixing case against Downer EDI's Spotless and Ventia for failing to confer long enough to finalise three critical documents ahead of trial.
Financial Services
‘All profit, no responsibility’: Diversa grilled over First Guardian
Superannuation trustee Diversa has been grilled by a parliamentary committee for its refusal to admit failures over the now defunct First Guardian fund and its continued defence of the corporate regulator's $240 million lawsuit.
Defamation
Ex-Spotlight producer loses bid to gag Justice Michael Lee
A judge has rejected former Spotlight producer Taylor Auerbach's bid to restrain Federal Court Justice Michael Lee from making further public comments about the Bruce Lehrmann defamation case, after the judge spoke about the case in an interview with reporter Joe Aston.
KPMG
KPMG exec embroiled in audit scandal sues firm after expulsion
Former KPMG chief operating officer Eileen Hoggett has launched legal proceedings against her former employer, following her expulsion from the firm over a whistleblower's allegations of client data leaks.
Chief Justice Andrew Bell
NSW Supreme Court welcomes ‘hugely intelligent’ new judge
A newly appointed judge, praised as "hugely intelligent" and a "quiet assassin" on cross-examination, has welcomed the legal profession’s growing focus on mental health and called for greater diversity at the Bar.
Employment
Law professor fights dismissal recommendation over alleged student kiss
A Sydney-based law professor is challenging a university investigator's dismissal recommendation following allegations he kissed a student during a study tour in Paris.
Class Actions
Knowmore Legal can’t exclude applicant’s claim from class action trial
Legal services provider Knowmore Legal has lost its bid to exclude a class action lead plaintiff’s individual claim from an upcoming trial in proceedings accusing it of providing cookie cutter legal advice to survivors of institutional child sexual abuse.
Class Actions
Class action wants to filter GM data after ‘inadequate’ discovery
After waiting a year for discovery, a class action over allegedly faulty transmissions in Holden cars plans to ask the court to allow it to filter General Motors' data itself.
