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A judge has appointed a contradictor for an upcoming settlement approval hearing in a class action by financial advisers against AMP over its buyer of last resort policy, saying the funder was taking a “very large” cut of the $100 million settlement.
Sydney stockbroker Adam Blumenthal has been ordered to pay close to $1 million after admitting to market rigging and breaching his duties as director of two companies -- including by arranging a $7 million loan to 'ASX Wolf' Tyson Scholz.
The Australian Securities and Investments Commission is challenging a decision that Finder Wallet did not need a financial services licence to sell its defunct cryptocurrency product.
A bid by the law firm behind a settled class action against Hays Recruitment to increase a cap on costs to settle a spat with a litigation funder has been dashed, with a judge pulling up the firm for failing to inform the court of the funder's claim.
Uber has hit back at claims that it engaged in corporate espionage by using a software program called SurfCam to lure drivers away from rival GoCatch, saying its actions could not be compared to burglary because the material it obtained was not confidential.
The former CEO at Mexican fast food chain Zambrero has hit back at claims he exaggerated his role in the company's rapid expansion, saying he was founder Dr Sam Prince's "right hand man".
Fortrend Securities is amending its $28 million lawsuit against rival Shaw & Partners and two former advisors accused of scheming to solicit customers, adding a claim that a client list was produced and then destroyed after legal action was foreshadowed.
Johnson Winter Slattery has snagged a special counsel from Corrs Chambers Westgarth to meet heightened demand for advice on climate change, sustainability and ESG issues.
Lawyers at Herbert Smith Freehills panicked as their client Uber obfuscated a regulator’s investigation during an alleged unlawful conspiracy to launch illegal rideshare operations, a trial has heard.
A Sydney concert promoter seeking a cut of the profits earned by Nine unit TEG Live for promoting a 2013 Australian tour with English-Irish boy band One Direction has taken his fight to the High Court.