Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge found they improperly used their positions as directors to line their own pockets.
The Fair Work Ombudsman has brought proceedings against three United Petroleum-branded outlets in Tasmania and South Australia, alleging they underpaid migrant workers by more than $26,000.Â
The Star is challenging a finding from the commissioner of taxation that the casino giant owes $5.3 million on payments made to junket operators, arguing the payments were not ‘payments for operating or promoting a junket’.Â
New Zealand construction giant Fletcher Building has hit back at a shareholder class action over allegedly misleading forecasts for the 2017 financial year, saying some of the claims under New Zealand law were brought out of time.
A class action boutique has filed proceedings against Toyota’s finance arm over car loans that allegedly encouraged dealers to set high interest rates in exchange for large kickbacks.
The Australian Securities and Investments Commission has lost its bid to pursue a disciplinary case against former Grant Thornton director Bradley Taylor over his 2018 audit of fintech firm iSignThis while criminal proceedings are ongoing.
A judge has cut law firm Levitt Robinsonâs costs in a class action against retirement village provider Aveo, finding the solicitors were âseriously derelictâ in serving their evidence on loss and ran up over $1 million in avoidable costs.
Apple is facing a new class action on behalf of iPhone 6 and 7 users whose phones were ‘throttled’, or slowed down, due to updates the Silicon Valley company made to its iOS operating system, which were aimed at conserving battery life.
A Sydney concert promoter has lost his appeal against former Nine unit TEG Live, with an appeals court agreeing that his idea to promote a 2013 Australian tour by English-Irish boy band One Direction was not âuniqueâ enough to be confidential information.Â
Sydney-based online broker International Capital Markets has been hit with a class action, and is facing the threat of another representative proceeding by investors who lost money trading risky contracts for difference.