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Perth adviser jailed for insider trading in Genesis Minerals shares
Securities 2024-03-27 3:34 pm By Sam Matthews

A former corporate adviser will spend at least nine months in jail after pleading guilty to trading in Genesis Minerals shares in September 2021 with insider knowledge, netting almost $60,000 in profits. 

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Epic Games case against Google ‘more ambitious’ than claims against Apple, court told
Trials 2024-03-26 10:43 pm By Cindy Cameronne

Epic Games’ case alleging Google ran its Play Store anti-competitively is “significantly more ambitious” than the Fortnite game maker’s claims against Apple, according to the search giant, which says its restraints are “more flexible and less draconian” than the iPhone maker’s.

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Crown fit to run Melbourne casino, gaming regulator says
Gaming 2024-03-26 3:49 pm By Christine Caulfield

Victoria’s gambling watchdog has cleared Crown to continue operating its casino in Melbourne, finding the gaming giant has addressed the serious and systemic failings identified by the Finkelstein royal commission.

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Lisa Wilkinson’s husband seeks costs in Bruce Lehrmann defamation case
Defamation 2024-03-26 11:43 pm By Cat Fredenburgh

Author Peter FitzSimons is seeking costs from Bruce Lehrmann for complying with a subpoena in the former Liberal staffer’s defamation case against Network Ten and FitzSimons’ wife Lisa Wilkinson over the network’s airing of allegations that Lehrmann raped ex-colleague Brittany Higgins.

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Zoetis can appeal Boehringer win over pig vaccine patents
Intellectual Property 2024-03-26 4:25 pm By Christine Caulfield

US animal drug manufacturer Zoetis has been granted leave to appeal a ruling that invalidated three of its patents covering pig vaccines.

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$46.5M settlement reached in G8 class action, teeing up first contingency fee payout
Class Actions 2024-03-25 9:22 am By Cat Fredenburgh

Australia’s largest childcare centre operator G8 Education has agreed to pay $46.5 million to settle a shareholder class action alleging the company failed to keep investors in the loop about factors affecting its 2017 financial performance, and the firm that ran the case is set to make $13 million after securing the first group costs order in Victoria.

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ANZ pays $57.5M to resolve class action over credit card interest charges
Financial Services 2024-03-25 10:33 am By Christine Caulfield

ANZ has agreed to pay $57.5 million in a settlement of a class action over retrospective interest charges on credit cards.

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Apple says Fortnite maker paid no commission on US$3.8B in V-Bucks sales
Trials 2024-03-25 10:28 pm By Cindy Cameronne

Hitting back at claims that its App Store stifles competition, Apple has told a trial that app developers have myriad ways of maximising profits without paying it a commission, noting Epic Games made US$3.8 billion from in-game currency V-Bucks in 2021.

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BHP fights class action’s bid to augment group after pleading mistake
Class Actions 2024-03-25 9:58 pm By Sam Matthews

A five-year-old class action against BHP over the collapse of a Brazilian dam is seeking to amend the group definition following a judgment limiting the class size, but the mining company says it should not be punished for the applicant’s pleading mistake.

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Former EY partner tries again to keep identity under lid in tax case
Tax 2024-03-25 11:04 pm By Cat Fredenburgh

A former EY partner is trying again to keep their identity secret in proceedings brought by the Tax Office alleging they promoted tax exploitation schemes.

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