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Grant Thornton sued by Quantum Graphite over 14-month trading suspension
Mining company Quantum Graphite has filed proceedings against accounting firm Grant Thornton over a 2020 report that caused the Australian Stock Exchange to suspend trading in the mining company’s securities for 14 months.
JD Group wins partial appeal in couple’s case over $10M off-the-plan apartment
Developer JD Group has scored a partial win in its challenge to a damages award to a Melbourne couple over a “deliberately misleading” rendering of a $9.6 million apartment, with a judge saying the case showed the “inherent risk” in buying apartments off-the-plan.
Vanguard hit with penalty for misleading investors about ‘ethical’ fund
Vanguard Investments has coughed up almost $40,000 for allegedly misleading investors about funds that purportedly did not invest in companies that sell or manufacture tobacco.
Chemist Warehouse to stop selling Victoria’s Secret fragrances while lawsuit underway
US lingerie and beauty giant Victoria’s Secret has won undertakings from Chemist Warehouse to stop selling allegedly fake fragrance products until a trade mark suit against the pharmacy giant is decided.
Corelogic again seeks to block copyright case over data scraping
Property data analytics firm CoreLogic is taking aim again at a lawsuit accusing it of unauthorised scraping of confidential information from building information provider BCI Media’s copyright-protected leads platform, months after a judge found the case was “defective and deficient".
Law firm launches action against Medibank as raw data released
Medibank faces a representative proceeding over last month's data breach that exposed the sensitive information of millions of customers, as the private health insurer reveals more stolen data was posted online overnight.
Crikey planned media blitz over Murdoch feud to up subscriptions, court told
News outlet Crikey has handed over internal documents showing its plans to mount a marketing campaign portraying itself as the victim in a “David and Goliath” battle with Fox News CEO Lachlan Murdoch over an allegedly defamatory article about the January 6 attack on the US Capitol, a court has heard.
A2 Milk class action can pursue NZ claims
A shareholder class action against a2 Milk has won its bid to include claims under New Zealand law over the dairy company's disclosures to the New Zealand stock exchange.
PTTEP class action funder asks court to muzzle barrister
The funder bankrolling the settled class action against oil exploration company PTTEP wants a court-ordered injunction against a barrister to prevent him from giving independent legal advice to the lead applicant about his claim.
Judge slashes law firm’s uplift in Box Hill Institute class action
A judge has approved a $33 million settlement in a class action against vocational education provider Box Hill Institute, but taken the ax to a law firm's proposed 18.25 per cent loading on its fees, saying courts shouldn't approve uplifts for run of the mill legal work.