Worley’s increases to a budget behind an allegedly misleading 2014 earning guidance, amounting to $1.14 million, were a “drop in the ocean”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
Prosecutors might cut the number of criminal cartel charges levelled against money transfer business Vina Money and five individuals who allegedly fixed the foreign exchange rate on millions of dollars transferred between Australian and Vietnam between 2011 and 2016, a court has heard.
Worley crafted the budget behind an allegedly misleading 2014 earnings guidance so that its shares could be rated as a “growth stock”, the Full Court has heard as shareholders seek to revive a failed class action against the engineering company.
The ACCC wants Google to produce documents related to its infamous ‘Oh Shit’ meeting, which the consumer regulator says will be relevant to the tech giant’s state of mind and the judge’s penalty in a case over representations to users about their location data.
A lawyer for accused war criminal Ben Roberts-Smith has told a judge his ex-wife did not honestly disclose whether she had given her close friend access to her former husband’s email account, and had misused his confidential and privileged information.
The applicant in a class action on behalf of hundreds of thousands of Colonial First State Investments customers has raised concerns about whether he can recover compensation from a CBA life insurance unit that was recently sold to a competitor.
A former Maurice Blackburn lawyer set to give evidence in a suit against Qantas was not “deliberately avoiding” the trial with an extended hospital stay, but “better evidence” was needed for why he was admitted, a judge has said.
Baker McKenzie has been accused of negligence in a cross claim by Chinese lender Aoyin, which faces a lawsuit by accounting giant PricewaterhouseCoopers for unpaid fees over advice related to a failed bid to launch a bank in Australia.
A unit of Oaktree Capital Management has been ordered to join all former shareholders of consumer brand wholesaler Marlin Brands as defendants in a case over the investment giant’s $200 million acquisition of the company that alleges fraud or wilful deceit on the part of the sellers.
Commonwealth Bank’s head of governance has hit her employer with a lawsuit claiming she was threatened with termination for making complaints that the governance team was chronically under-resourced, overworked and had a high attrition rate.