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A $50 million settlement has been reached in a long-running shareholder class action against defunct vocational training company Vocation that also spawned multiple cross-claims against the failed company's auditor PricewaterhouseCoopers, law firm Johnson Winter & Slattery and individual directors.
PricewaterhouseCoopers is seeking to strike out a lawsuit brought by a former director who claims her notice of termination was invalid because it was delivered through DocuSign.
The brother of missing Sydney woman Melissa Caddick is helping police with an investigation into her murder, a court overseeing ASIC's action against the businesswoman was told Friday.
A judge has lashed out at the legal team behind a class action against S&P over allegedly misleading credit ratings for filing hearsay evidence in support of an application to serve the ratings giant overseas, saying that "nobody who is a first year law student" would say the evidence was admissible.
Lawyers behind a class action against AMP over changes to its buyer of last resort policy have told a court the parties can't agree on releases attached to BOLR payments that require exiting financial advisers to waive their claims in the litigation.
A court has ordered Theta Asset Management, a collapsed financial services provider that ran a property investment scheme targeting retirees, to pay a $2 million penalty for issuing defective product disclosure statements.
A settlement has been reached in a class action against a Sydney-based financial advisory firm by a group of Chinese investors over a property investment and visa scheme that allegedly saw group members lose $14.5 million in funds.
Two more law firms have been joined to a lawsuit by defunct financial advisor Dover Financial accusing three law firms of providing negligent advice regarding an inaptly titled client protection policy which a judge found was "highly misleading" and "an exercise in Orwellian doublespeak".
Former BitConnect promoter John Bigatton has been charged with a raft of cryptocurrency-related offences, including operating an unregistered managed investment scheme and making false or misleading statements to investors.
A former director of defunct financial services company Linchpin Capital, who is facing a class action as well as civil penalty proceedings by ASIC, can't put the brakes on his challenge to a five-year disqualification order by the regulator.