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Second former Star executive settles with corporate cop
Trials 2025-02-17 11:15 pm By Andy Sidler

Star’s former managing director Greg Hawkins has reached a mid-trial settlement with the corporate regulator in its case over the casino operator’s alleged lax money laundering compliance. 

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S&P fails in bid for all class action expert evidence to be thrown out
Class Actions 2025-02-13 3:55 pm By Cindy Cameronne

Ahead of an eight-week trial in an investor class action in July, ratings agency S&P has lost its bid to throw out the entirety of the expert evidence in the case.

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‘Red flags, red suitcases’: Star GC warned of unacceptable risk, court told
Trials 2025-02-11 10:56 pm By Cindy Cameronne

A former Star executive agreed to renew the casino’s relationship with a junket with organised crime links despite Star Sydney’s GC warning of suspicious transactions, a court has heard. 

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Former Star execs ignored ‘brazen’ money laundering risks, court told
Trials 2025-02-10 11:03 pm By Cindy Cameronne

On day one of trial in ASIC’s case accusing ten Star executives of turning a blind eye to money laundering, the court heard about a blue esky bag full of cash and people hiding under blankets to avoid CCTV.

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Former Star CFO reaches settlement with ASIC
ASIC 2025-02-05 11:17 pm By Sam Matthews

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.

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Insurer AAI can’t escape combustible cladding class action
Appeals 2025-02-05 3:00 pm By Cindy Cameronne

AAI has lost its bid to appeal an order joining it to a class action over alleged combustible cladding installed at two high-rise towers in Liverpool, NSW. 

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Macquarie says it could rely on Nuix’s ‘promises’ about $1.8B IPO prospectus
Securities 2025-01-23 11:27 pm By Cindy Cameronne

Macquarie Capital has hit back at a class action over an alleged misleading prospectus for Nuix’s $1.8 billion IPO, saying it was entitled as underwriter to rely on the software company’s promises.

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Judge approves $31.5M settlement in junior doctors class action
Class Actions 2024-12-18 12:59 pm By Sam Matthews

A judge has given the green light to a $31.5 million settlement in a class action brought by junior doctors accusing the ACT government and North Canberra Hospital of failing to pay overtime.

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Nuix class action judge rejects bid to close shareholder class action up to trial
Class Actions 2024-12-04 11:19 pm By Andy Sidler

A judge has made a class closure order in a shareholder case against software company Nuix and underwriter Macquarie Capital, but rejected a bid to keep the order in operation until trial.

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Santos’ net zero plan ‘little more than speculation’, trial court told
Trials 2024-10-28 11:50 pm By Cindy Cameronne

Santos’ plan to reach net zero greenhouse gas emissions by 2040 was “little more than a series of speculations”, a shareholder group has said on the first day of trial in a landmark greenwashing case.

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