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‘Alarming’: ASIC suspects ex-Keystone boss may have used investor funds to buy home
Financial Services 2024-06-25 11:29 pm By Cindy Cameronne

A judge has expressed concern about the Australian Securities and Investments Commission’s suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it “alarming”.

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Judge slashes plaintiffs’ costs in Sydney light rail class action
Class Actions 2024-06-25 10:55 pm By Cindy Cameronne

A judge has ordered Transport for NSW to only pay 65 per cent of the costs of a class action over Sydney’s $3 billion light rail construction, finding it was not inappropriate to apportion costs even though the plaintiffs were largely successful.

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No docs, no Tim Cook: Epic Games assails Apple’s ‘contrived’ defence in trial’s closing arguments
Trials 2024-06-24 11:11 pm By Sam Matthews

Video game maker Epic Games has attacked as “entirely contrived” the defence by Apple in closing submissions in a Federal Court trial of its landmark competition case, pointing to the tech giant’s lack of evidence, including from CEO Tim Cook.

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Optus had four years to fix coding error behind massive cyberattack, says ACMA
Privacy & Cybersecurity 2024-06-24 11:08 pm By Cindy Cameronne

The Australian Communications and Media Authority says a coding error on a dormant website that went undetected for four years was behind a massive data breach that exposed the information of close to 10 million Optus customers, with the regulator saying the hack was “not highly sophisticated”. 

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AMP former head of advice sues publisher of The Australian for defamation
Defamation 2024-06-24 2:23 pm By Cindy Cameronne

AMP’s former head of advice Jack Regan has filed proceedings against the owner of The Australian, Nationwide News, over a story he claims defamed him by alleging he misled ASIC over the charging of fees for no service. 

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Worley wants new bench in second shareholder class action appeal
Class Actions 2024-06-21 11:45 pm By Andy Sidler

Counsel for Worley in a nine-year-old shareholder class action that is set for another Full Court appeal has foreshadowed a possible recusal application against the judges who heard the first appeal.

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Unlawful detention class action, Commonwealth spar over $27.5M settlement deed
Class Actions 2024-06-21 11:35 pm By Cindy Cameronne

The lead applicant in a class action over the alleged unlawful detention of 240 Indonesian children and the Commonwealth are locked in a battle over the construction of a $27.5 million settlement reached last year.

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Mired in interlocutory skirmishes, protracted BHP class action just got more entangled
Class Actions 2024-06-20 11:48 pm By Christine Caulfield

BHP wants to appeal a decision giving a class action the OK to fix what a judge accepted was an “inadvertent mistake” that resulted in a ruling — itself the subject of an appeal — which limited the group member definition.

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Firefighters union fails on appeal in spat with Fire Rescue Victoria
Appeals 2024-06-20 11:03 pm By Andy Sidler

The United Firefighters Union has lost an appeal of two Fair Work Commission decisions, with the Full Federal Court finding that a commissioner did not err in deciding the matter at a later time.

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Bruce Lehrmann knew Higgins did not consent, Lisa Wilkinson tells appeals court
Appeals 2024-06-19 11:34 pm By Christine Caulfield

Journalist Lisa Wilkinson has filed a notice of contention in Bruce Lehrmann’s appeal of a judgment that found he raped colleague Brittany Higgins in Parliament House, claiming Lehrmann wasn’t just indifferent to his victim’s state of mind but knew she did not consent.

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