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Financial planner Fortnum Private Wealth has been hit with a $1.35 million penalty after admitting it failed to implement adequate cyber security systems, after a breach led to the data of 9,000 customers being published on the dark web.
Class action barristers were strongly represented in this year's crop of new silks in NSW, with 8 out of 20 boasting expertise in representative proceedings.
Lawyer Jason Karas wants to challenge a judge's decision to issue a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law on the condition that he preserve his assets.
Adelaide lawyer Jason Karas has failed in recusal application but has secured a temporary stay of a ruling that he pay $36.5 million to his former business partner and law firm LK Law.
Adelaide lawyer Jason Karas must pay $41 million to his former business partner and law firm after he was found to have covertly negotiated to sell the firm’s Hong Kong-based entity while in the throes of ending the partnership.
The Full Court has rejected ASIC's appeal of a ruling that fintech Finder did not need a financial services licence to sell its defunct cryptocurrency product, saying the product did not involve a debt for money.
The Australian Securities and Investments Commission is taking a third swing at cyber enforcement proceedings, suing financial planner Fortnum Private Wealth after a breach saw the data of 9,000 clients published to the dark web.
Air Canada did not waive a defence allowing it to cap damages at $240,000 in a claim by several passengers over alleged spinal and psychological injuries caused by turbulence on a 2019 flight, the High Court has ruled.
The former CFO of Star Entertainment has reached a settlement in ASIC's case accusing ten executives of breaching their duties in relation to the casino operator's lax money laundering compliance.
The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.