Deloitte Touche Tohmatsu is facing claims by the lead applicants in two class actions against failed retail giant Dick Smith alleging its poor accounting practices contributed to the retailer’s collapse.
Wealth manager IOOF is facing a shareholder class action alleging it failed to tell investors that misconduct aired at the Banking Royal Commission would put it in the crosshairs of Australia’s financial regulator.
Fairfax Media is challenging a ruling ordering it to pay $280,000 in damages to Chau Chak Wing for an allegedly defamatory article that appeared in the Sydney Morning Herald linking the wealthy Chinese-Australian businessman to an international bribery scandal.
Viva Energy has been convicted and fined $100,000 for polluting Sydney Harbour after a marine fuel oil spill from a corroded pipe at the company’s Gore Bay terminal on New Year’s Eve three years ago.
A court has ordered internet provider Activ8me to pay $250,000 in penalties for making false and misleading claims about the performance of its internet services, the consumer watchdog said Friday.
A former financial advised has been sentenced to 10 years in prison for doing ‘as he pleased’ with $5 million in client funds that were earmarked for superannuation investments.
A Sydney community group has lost a last-minute challenge to the demolition of Allianz Stadium, with the Court of Appeal throwing the case out in a unanimous decision.
Billionaire property developer Harry Triguboff is taking NSW Premier Gladys Berejiklian to court in his fight for approval of a controversial tower in Macquarie Park, Sydney.
The judge overseeing the marathon Queensland floods class action has shot down a request by the defendants to submit new expert flood modeling reports, saying the “sophisticated litigants” would have to live with their earlier decision to pass on the chance to submit evidence in response to new reports by the plaintiff’s expert.
A parliamentary report released Thursday recommended major reform to the $170 billion franchise industry and called on three government agencies to probe franchise giant Retail Food Group and its top executives for potential insider trading, tax evasion and other unlawful conduct.