A judge has dismissed a securities class action against Insignia Financial, formerly known as IOOF, in the second judgement in two days to find no loss to shareholders.
A judge has approved a 24 per cent group costs order in a consolidated class action against a2 Milk, noting the complexity of the claims against the dairy giant and saying a GCO would align the class action lawyers’ interests with group members’.
Worley contravened the Corporations Act a decade ago when it failed to correct 2014 earnings guidance for several months, but shareholders in a long-running class action against the engineering services company have failed to prove the breach caused any loss, a judge has found.
A judge has found that a lawsuit against the state of NSW over hundreds of allegedly illegal strip searches conducted by NSW police at music festivals over a six-year period should move forward as a class action.
A judge has refused a bid by the ACT Police Chief to intervene on behalf of the AFP in Shane Drumgold SC legal challenge to the findings of an inquiry into the prosecution of Brittany Higgins’ assault claims against Bruce Lehrmann, but has allowed six police officers to be joined to defend the findings.
Honda Australia has been hit with a $6 million penalty for misleading communications made to customers of three dealerships during a restructuring in which the car maker’s shuttered its independent dealer network in favour of an agency model.
The Full Federal Court has found that Telstra can be sued for a former employee’s alleged sexual harassment of his neighbours, finding harassment that is part of a private dispute may also occur in the course of providing services.
Grocon has lost yet another argument over documents in its lawsuit against Infrastructure NSW over a stalled $2 billion Central Barangaroo development project, with a judge rejecting its bid to access material over which the government agency claimed privilege and public interest immunity.
A judge has thrown out a former Norton Rose Fulbright digital marketing manager’s claims that she was sacked for making complaints about bullying, finding a partner who was appointed to investigate her claims of bullying was not involved in the decision to terminate her employment.
The Australian Securities and Investments Commission has banned a former AMP authorised representative who is suing the wealth manager for allegedly terminating him without proper cause and forcing him to sell his business for $6.1 million under its buyer of last resort program.