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A judge has allowed a class action against CBA and its former wealth management arm Colonial First State to add claims based on a novel theory of corporate responsibility that has implications for companies’ use of AI.
A former Herbert Smith Freehills financial services expert has made the jump to MinterEllison, the eighth lawyer to join in a single month.
A judge has approved a settlement in a class action against Monsanto under which group members will get nothing, after he rejected claims that the company's Roundup weed killer is carcinogenic.
A review of allegations against WiseTech founder Richard White has cleared the billionaire of misconduct, finding no misuse of company funds and characterising his behaviour in the workplace as “creative abrasion" not bullying.
A judge has approved the discontinuance of a class action against a Westpac subsidiary after the funder bowed out.
CBA has attacked two failed class actions' "misguided" appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.
The Full Court has heard that a judge's finding on materiality in two failed shareholder class actions against CBA could have “troubling” repercussions for insider trading cases and must be overturned.
Two failed class actions against CBA claim a judge used a “far too onerous test” for materiality in deciding whether the bank should have told the market about deficiencies in its anti-money laundering systems.
Evidence sought by Fletcher Building from a judge's former law firm as part of the construction company's recusal bid is inadmissible, a court has ruled.
The ASX has denied ASIC's claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.