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A former JPMorgan managing director has said the three investment banks at the centre of an alleged cartel made individual decisions to trade “gently” in ANZ shares but were conscious of their fellow underwriters' risks following a botched share placement in 2015.
A Nyamal man mistakenly identified by the Seven Network as the suspect in the abduction of four-year-old Cleo Smith in Western Australia is suing the broadcaster for defamation.
Former Liberal power broker Marcus Bastiaan has told a court he will seek an injunction to prevent investigative journalist Nick McKenzie from “door-knocking and harassing” witnesses in a defamation lawsuit over an explosive 60 Minutes report.
The maker of Somat dishwashing products has hit back at allegations of trade mark infringement, telling a court the prominent brand name on its range of dishwashing tablets functions as an “unmistakable” point of difference between the company and market leader Finish.
The lead applicant in a shareholder class action over Slater & Gordon’s disastrous $1.2 billion Quindell acquisition has said he might have “dumped” his stock before the firm experienced massive losses in 2016 if not for Pitcher Partners and Ernst & Young’s allegedly faulty advice.
A judge has expressed hesitation about a $750,000 penalty proposed by the Australian Securities and Investments Commission in its misleading advertisement case against $5.15 billion credit fund La Trobe Financial Asset Management, calling the amount “very, very modest”.
Eight companies in the Dubai-based Emirates Group have lost a court bid to recoup more than $10.5 million paid to Australian staff during the COVID-19 pandemic on the mistaken belief that the money would be repaid as part of the federal government's JobKeeper subsidy scheme.
A judge has appointed seven sample group members in a class action by taxi and hire car drivers against Uber, saying they would provide additional information about the regulatory environment in different states and bring focus to the trial.
Australian clothing retailer Cotton On has taken rival surf and streetwear brand Ghanda to court over "unjustifiable" and "groundless" accusations of copyright and trade mark infringement.
Accounting firm Pitcher Partners was “solely responsible” for giving allegedly negligent advice about Slater & Gordon’s disastrous $1.2 billion Quindell acquisition ahead of the law firm’s massive losses in 2016, Ernst & Young has argued at trial in a long-running class action by the firm’s shareholders.