The corporate regulator has brought proceedings against EverBlu Capital and Creso Pharma director Adam Blumenthal, alleging market rigging and breaches of duty, and has accepted an undertaking by the stockbroker that he will quit his involvement in financial services for the next five years.
A Melbourne law firm is facing a class action on behalf of former clients it represented in litigation over childhood sexual abuse claims.
The ACCC has signed off on Viva Energy’s $1.15 billion acquisition of South Australia-based convenience store chain On The Run Group, after it agreed to divest 25 Coles Express sites in the state.
The Sydney Opera House Trust has resolved a long-running dispute accusing a China trade group of committing flagrant copyright infringement by reproducing substantial portions of the iconic landmark’s trade mark-protected sail design in its logo.
A judge has thrown out a former Norton Rose Fulbright digital marketing manager’s claims that she was sacked for making complaints about bullying, finding a partner who was appointed to investigate her claims of bullying was not involved in the decision to terminate her employment.
Group members will walk away with nothing under a settlement in a seven-year old class action against the Commonwealth Bank of Australia on behalf of borrowers who claimed they were forced to default on their commercial loans.
The Australian Securities and Investments Commission has banned a former AMP authorised representative who is suing the wealth manager for allegedly terminating him without proper cause and forcing him to sell his business for $6.1 million under its buyer of last resort program.
A former director of failed Perth mining company Continental Coal has been jailed for more than three and a half years after pleading guilty to multiple crimes, including stealing $2.2 million and forging a bank statement.
Seven West Media chair Kerry Stokes has agreed to pay the costs of Ben Roberts-Smith’s failed defamation case, sparing the billionaire from producing thousands of emails exchanged with Roberts-Smith’s solicitors about the case. The Stokes-owned Australian Capital Equity has acquiesced to a third-party costs order sought by Nine-owned Fairfax, according to a Federal Court order…
Former 2GB presenter Alan Jones has threatened to bring defamation proceedings over an article accusing him of using his power to prey on young men. The Sydney Morning Herald and The Age published an in-depth investigation on Thursday by Kate McClymont outlining the allegations of five men who accuse Jones of indecently assaulting them, groping…