Nuix has pointed the finger at its accountant PricewaterhouseCoopers in the software company’s defence to a class action over a prospectus for its $1.8 billion IPO two years ago.
The outgoing deputy chair for the Australian Competition and Consumer Commission says Australia “really needs” a new unfair practices law, echoing sentiments from the regulator’s former boss.
The consumer regulator has taken Dell Australia to court for allegedly making misleading statements about the price of add-on monitors that could be purchased with Dell computers during the height of the COVID-19 pandemic.
The chair of the Australian Securities and Investments Commission has warned consumers about investing in “risky, speciality, poorly understood” crypto-assets, as the regulator steps up its investigations into managed funds acting in the space.
As part of expansion plans for its Canberra office, Ashurst has brought back Mathew Baldwin as a partner in its digital economy team to advise federal government agencies in digital and data projects.
Facebook owner Meta wants to uncover the basis on which crypto tokens have been issued to bankroll a class action over its 2018 ban on cryptocurrency ads, citing the potentially conflicted interests of the self-represented lead applicant.
The Australian Securities and Investments Commission has brought proceedings against a Sydney-based issuer of Qoin that is also facing a class action, alleging it misled customers about the unregulated and ‘inherently risky’ crypto-asset.
The Australian Competition and Consumer Commission has dragged Google-owned Fitbit to court for allegedly telling consumers they had to mail in broken devices within 45 days in order to obtain a refund.
Workplace relations heavyweight Employsure has suffered a partial defeat in appeals brought by rival ELMO Software and two former employees seeking to jump ship to a competitor.
The former general manager of Okta has sued the tech company for allegedly terminating him on the eve of his retirement to avoid a transfer of over 2,000 shares owed under his employment contract.