Australia’s largest private health insurer Medibank has been hit with a shareholder class action in the wake of a massive cyberattack that left the data of 10 million customers exposed.
A judge overseeing a security dispute in a shareholder class action against KPMG and former directors of Arrium has found that potential profits to the plaintiff law firm running the case under a group costs order is not relevant to determining the quantum of security for costs.
The owner of Chinese social media giant TikTok has lost its challenge to the registration of a trade mark for home loan tech startup Tic:Toc.
Agricultural giant Nufarm has lost its appeal of a decision giving rival Advanta Seeds extra time to pay a renewal fee for its patent for a hybrid plant cell, after an error by its lawyers caused the renewal to fall through the cracks.
Australia’s largest private health insurer Medibank has flagged an application to stay a landmark data breach class action filed in the Federal Court, as another law firm mulls a class action over the massive breach.
GetSwift has been hit with a $15M penalty and several of its directors have been slapped with substantial penalties after the company was found to have misled shareholders in breach of the Corporations Act.
Hall & Wilcox has lured a Baker & McKenzie veteran and renewables specialist to lead its Sydney finance practice.
A landmark Federal Court class action against private health insurer Medibank will be a test case for when privacy claims can sidestep the regulatory path, and whether group members can prove they suffered loss from exposure of their data.
Australia’s largest private health insurer Medibank is facing a class action over a data breach that affected close to 10 million customers.
A judge has grilled the former general counsel of defunct logistics company GetSwift about why he did not confront the company’s directors for “bullying” other executives when they raised concerns about alleged continuous disclosure breaches.