The former CEO of Big Un Limited has been hit with criminal charges and could face up to ten years in prison after he allegedly communicated inside information about the failed video company.
A former Nuix director has made a bid to stay a shareholder class action, which accuses the software company of failing to alert the market to red flags in the business, pending the outcome of separate proceedings by ASIC.
Microsoft has won a pittance for copyright infringement but copped a “substantial costs order” in its six-year-old intellectual property suit against a Melbourne computer retailer over its Windows 7 software, which previously netted the Silicon Valley giant a $2.8 million payout from Judge Sandy Street that was slammed as a “regrettable” judicial failure.
An Adelaide digital printing firm has brought a case against two healthcare companies in the United States, challenging a patent for producing 3D printed, artificial cadavers used in medical training and research.
Hitting back at ASIC’s claims it misled investors and breached disclosure rules, technology company Nuix says it had no knowledge it was failing to meet its FY21 forecast and didn’t need to disclose to investors draft documents showing missed internal targets.
A judge has found Shenzhen-based based radio manufacturer Hytera engaged in “substantial industrial theft” by appropriating Motorola’s source code for its digital mobile radios and should be on the hook for additional damages for “flagrantly” infringing Motorola’s copyright.
Epic Games is facing a class action investigation for allegedly failing to warn parents about the addictive nature of its popular battle royale game Fortnite.
Insider trading charges against former Vocus chairman Vaughan Bowen have been discharged, fifteen months after they were brought.
A judge has granted the Pokemon Company’s request for a temporary injunction restraining an Australian business from developing an augmented reality game featuring its popular Pokemon characters and selling related NFTs.
A $1.5 million class action settlement against failed logistics provider GetSwift, which a judge termed a “disaster”, has been revised down to $1 million and may face a liquidators’ challenge that could see a group members recover nothing.