The man behind the Stock Swami Twitter account is flying to Sydney for cross-examination after a judge halted a trial in mining investor Tolga Kumova’s defamation case, saying he had “no confidence whatsoever” the Twitter user complied with discovery obligations.
A judge has halted a defamation trial in a case brought by mining investor Tolga Kumova after saying he had “no confidence whatsoever” that the owner of Twitter account Stock Swami complied with discovery obligations.
The former boss of embattled tech company Nuix is asking for “special treatment” by arguing he is owed $183 million in options under a 2008 agreement, a judge has heard on the first day of trial in the ex-CEO’s case.
Former Young Rich Lister Tolga Kumova sold $24 million worth of shares in mining company after publishing positive social media posts about its prospects, a court has heard in a defamation trial over allegations he engaged in insider trading and pumping and dumping.
An Australian non-practicing entity alleging Apple’s Touch ID and Face ID technology infringes its patents has accused the Silicon Valley company of refusing to comply with court orders to hand over documents.
A judge has pulled up a law firm over a tweet it published about defamation proceedings brought by investor Tolga Kumova, telling a barrister during the trial Thursday to counsel his instructing solicitors about the “highly unsatisfactory” social media post.
The law firm that lost the first ever application for a group costs order in class actions against ANZ and Westpac has indicated it will revive its bid, tweaking a retainer agreement with group members in hopes of winning the court’s approval this time.
Former Young Rich Lister Tolga Kumova has admitted to publishing an inaccurate tweet about the value of a mineral resource owned by a zinc producer of which he was a director, agreeing at trial in his defamation case that he was off by $4.8 billion.
The federal government said Friday it would consider the implications of an appeals court’s finding that the managed investment scheme structure was unsuited to class actions, a ruling it said was a victory for ordinary Australians and a vindication for Labor.
In a significant victory for litigation funders, the Full Federal Court has found that funded class actions are not managed investment schemes subject to regulatory oversight, gutting the legal basis for reforms enacted by the Morrison government in 2020.