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Forge liquidators near settlement in insider trading case against Clough, ex-directors
Restructuring & Insolvency 2025-06-04 11:44 pm By Cat Fredenburgh

Liquidators of collapsed Forge Group are close to settling their insider trading case against engineering and construction company Clough and former directors, a court has heard on what was to be the first day of trial.

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Choosi misled customers with insurance comparison service, ASIC claims
Competition & Consumer Protection 2025-06-03 11:38 pm By Julia Kanapathippillai

Insurance comparison site Choosi has been taken to court by ASIC for allegedly misleading its users by almost exclusively comparing funeral and life insurance policies from one insurer.

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Fonterra faces underpayments class action investigation
Class Actions 2025-06-02 11:39 pm By Cat Fredenburgh

Fonterra may face a class action for allegedly underpaying lab technicians since 2018, as the dairy co-op seeks to offload its Australian food unit.

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In ASIC win, Full Court says Qoin issuer not exempt under authorised rep rules
Financial Services 2025-05-30 3:26 pm By Sam Matthews

ASIC has succeeded in overturning a decision that found that Qoin issuer BPS Financial came within the authorised representative exemption with respect to agreements with Australian financial services licence holder PNI.

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Fourth law firm mulls ad tech class action against Google
Class Actions 2025-05-30 1:41 pm By Cat Fredenburgh

A fourth law firm is investigating a class action against Google for allegedly abusing its dominance in the market for online advertising.

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Exactech settles class action over alleged faulty implants
Settlement 2025-05-30 11:29 pm By Julia Kanapathippillai

Medical device maker Exactech has reached a settlement in a class action over alleged defective implants, following the US company’s bankruptcy.

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Construction PRO
Late artist’s ‘animus’ toward Cranbrook won’t bar school’s offer on $33M home
Real Estate 2025-06-02 10:36 pm By Cindy Cameronne

A charitable trust of the late artist Martin Sharp, known for designing album cover art for Eric Clapton, can sell his $33 million home to the neighbouring Cranbrook, despite having expressed “animus” towards the prestigious private school, a judge has said.

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Court OKs settlement with gag clause in Marsden Park development class action
Class Actions 2025-05-29 11:23 pm By Cindy Cameronne

A judge has signed off on a confidential settlement in a class action over off-the-plan homes in a proposed north-west Sydney development, including a clause that prevents group members from making any public statements about the suit or disparaging the parties. 

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Paladin Energy to face competing shareholder class actions
Class Actions 2025-05-29 11:44 pm By Cat Fredenburgh

Uranium miner Paladin Energy is facing a second shareholder class action over alleged misleading disclosures to the market about expected production at its flagship uranium mine in Namibia.

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Construction PRO
Pembroke can’t challenge ‘restricted land’ ruling over $1B Olive Downs mine
Energy & Natural Resources 2025-05-30 11:00 pm By Cindy Cameronne

Pembroke Resources has lost its appeal bid over the meaning of “restricted land” after the private equity-backed miner argued a court’s ruling could impinge on plans for a $1 billion steel-making coal mine in Queensland.

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