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A WiseTech investigation into billionaire chair Richard White has found no evidence that he misused company funds in his personal relationships with two women, including to pay for an employee’s plastic surgery.
A judge has ordered ANZ to pay $250 million in penalties in four cases by ASIC – $10 million more than the bank had agreed to pay – saying ANZ had "substantially deceived” the government by overstating bond trading volumes.
Construction PRO
Northwest Rail Link builders CPB Contractors and John Holland are pushing back against a bid by several insurers to join joint venture partners MTR and UGL to a coverage spat over a $100 million policy.
The judge overseeing a jointly run class action against Google, which has already fended off a third proceeding in a contest to pursue the digital giant, will not keep the case waiting for a looming fourth action.
Construction PRO
Commercial real estate group JLL has hit back at former CEO Daniel Kernaghan's unfair dismissal case, saying he was sacked for mishandling a harassment complaint against a manager.
Commercial real estate group JLL has hit back at a case by a former CEO who says he was sacked over his handling of a harassment complaint against a manager, arguing the manager admitted his behaviour was “completely unacceptable”.
A judge has approved a $110 million settlement in a class action against BHP over the collapse of a tailings dam, and has OK'd fees and commission reducing the sum by 50 per cent, despite concerns the costs were excessive.
Sydney Trains has reached an in-principle agreement to settle a class action by operations staff alleging a “systemic pattern” of underpayments and overwork.
A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were "very significant".
A law firm that was set to argue that two firms formed an anti-competitive agreement in cooperating to run an ad tech class action against Google has dropped its appeal of its failed bid to run the representative case.