The Australian Competition and Consumer Commission is âcloseâ to settling its case against office supply company Fujifilm over allegedly unfair contracts with small businesses, a court has heard.
Technicians bringing a class action against BSA have argued it should double its first settlement payment using money raised in its 2022 prospectus after the telco contractor filed an âurgentâ bid to ringfence capital raisings from the $20 million payout.
Telco contractor BSA has sued for declarations that cash raised from its 2022 prospectus cannot go towards a $20 million settlement reached with group members in a Shine Lawyers-led class action accusing the company of misclassifying its workforce of technicians as independent contractors.
Online trading company CMC has been hit with a class action by investors seeking to recover 10 yearsâ worth of âsignificantâ losses incurred while trading risky financial products on its mobile and web-based platforms.
Investors in Mayfair Groupâs collapsed IPO Wealth Fund stand to recoup âa lot lessâ than their alleged $67 million in losses from a settlement in a class action alleging the fundâs trustee misled the unit holders — but they will take home 75 per cent of the resolution sum, a court has heard.
The Sydney Symphony argues its former CEO can’t claim she was dismissed for investigating claims of sexual harassment by the orchestra’s musicians after previously telling the media she was the victim of a politically motivated “hit job” for seeking funding from the NSW government.
The ACCC has taken Mastercard to court for allegedly misusing its market power by giving major retailers discounted interchange rates in exchange for them agreeing to process their debit card transactions through Mastercard instead of the cheaper eftpos network.
Logistics company GetSwift and its directors have dropped their challenge to a judgment that found the company breached its continuous disclosure obligations with its “PR-driven” approach to ASX statements.
Shareholders bringing a class action against Quintis have lost their bid for Ernst & Young to hand over documents from two meetings with a director of the sandalwood supplier, after a judge found they did not get âwithin a bullâs roarâ of showing the accounting firm’s discovery was inadequate.
A former Deloitte director accused of embezzling $3.1 million to fund lavish purchases, including an extensive art collection, has been referred to police and suspended by an association for Australian restructuring professionals.