ASX Limited has paid a $1,050,000 fine after the corporate regulator pinged it with an infringement notice for failing to comply with market integrity rules — a first against the market operator.
Mortgage broker Lendi Group and insurer ALI Group face a class action over the sale of allegedly worthless mortgage insurance policies to homeowners.
Merivale will fork over $18 million in a proposed settlement to resolve an employment class action against the hospitality giant, of which $8.6 million is sought to be deducted in legal fees and a funder’s commission.
Government consulting firm Scyne Advisory has brought legal action to stop a partner from jumping to the professional services arm of infrastructure giant Downer EDI.
Downer EDI has named KPMG in a cross-claim in a class action by shareholders, a move the accounting giant says has forced it to resign as auditor for the infrastructure services company.
Victoria’s judicial watchdog has dropped its investigation of a complaint against Supreme Court Justice Lex Lasry by the Director of Public Prosecutions, Kerri Judd SC, who accused the judge of making comments attacking her professional integrity.
The court might find Bruce Lehrmann’s story implausible, but that doesn’t mean Brittany Higgins’ alleged rape is the only possible alternative to what happened in Parliament House five years ago, Lehrmann’s lawyers have told a court.
The law firm behind a class action against Insurance Australia Group has secured a group costs order that will give it 30 per cent of any proceeds — a contingency fee rate six percentage points higher than the median rate for shareholder cases.
Builder J Hutchinson and the union for construction workers have successfully appealed a finding that they unlawfully agreed to boycott an independent subcontractor at a Brisbane building site.
A ruling that finfluencer Canna Campbell infringed a rival’s ‘financial foreplay’ trade mark but owed zero damages was not a less favourable outcome for a fellow financial advisor than a $60,000 settlement offer, a court has found in rejecting a bid for indemnity costs.