Sydney magistrate Joan Baptie has agreed to settle a defamation case brought against the owner of radio station 2GB after an on-air apology by host Ben Fordham.
Goldman Sachs has agreed to involve more lawyers in its capital markets transactions communications, after the Australian Securities and Investments Commission raised concerns about representations made during a Healthscope block trade managed by the US investment bank.
The trial in ASIC’s complex share market manipulation action against Whitebox Trading began Monday, with an opening submission by the corporate regulator that at times had even the presiding judge scratching his head.
The maker of V Energy drinks has lost a fight to trademark the shade of green used on its cans and labels, with a judge agreeing with rival Coca-Cola that the colour was descriptive, not distinctive.
A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new class action allegations that the brokerage fees it charged individuals who took out pay day loans were actually for services it received.
Commonwealth Bank of Australia is facing a second shareholder class action after agreeing to fork over $700 million to settle anti-money laundering claims by the government’s financial intelligence agency.
A unit of dairy giant Saputo has agreed to amend the terms of its contracts with dairy farmers, in the wake of calls by the ACCC for a mandatory code of conduct to level the playing field between dairy farmers and milk processors.
Clayton Utz, the law firm that faced scrutiny over the independence of a report it authored for AMP, is representing the wealth manager in ASIC’s case over so-called insurance churning.
The founder of Dover Financial Advisers will never work in the industry again, he has told the Australian Securities and Investments Commission as part of a court-enforceable undertaking that also strips the firm of its operating licence.
Liquor distributor D’Aquino Bros has been taken to court again, accused for the fourth time of “flagrant” trade mark infringement for continuing to sell products under the name, Scotch Whisky.