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CMC Markets wants a class action to fork over $8.6 million more in security after substantially amending its case, which alleges the financial services firm issued complex, risky derivatives that were not appropriate for retail investors.
Mallesons has promoted nine lawyers to its partnership, leaning into its strength as a go-to firm for the country's major banks by promoting four lawyers in its banking and finance practice, in addition to elevating two IP litigators.
Citing its reputation in Australia, consumer goods giant Henkel has retained its trade mark, 'Got2B', in opposition to a removal bid, but the brand has been narrowed to cover just haircare products.
Insurer QBE has admitted liability in ASIC’s case alleging it made empty promises to over half a million customers on policy discounts, but a dispute over the size of the penalty remains.
A Queensland tribunal has ruled that hundreds of teenagers who were denied access to puberty blockers and hormone treatment can pursue a class action-style complaint, over attempts by the state government to block it.
Construction PRO
Preventing a DOCA for the Milligan-owned developer of the troubled $1.8 billion Halo Tower skyscraper in Sydney could cause $100 million in losses and jeopardise a sale to Cbus set to settle in July, a court has heard.
Partners from Allens and Ashurst and senior executives at Lendlease are among those appearing at next week's parliamentary committee inquiry into KPMG's misuse of client data.
Youth detainees in a Melbourne correction facility were encouraged to “bash” other detainees in exchange for cigarettes, drugs, and alcohol, according to a new class action launched against the state of Victoria.
Building materials giant James Hardie faces a shareholder class action after its share price dropped 34 per cent on the back of a FY26 earnings guidance downgrade.
Construction PRO
Twenty-one former property owners at the site of the troubled 55-storey Halo Project skyscraper in the Sydney CBD have won access to a contract entered with Cbus Property shortly before developer FT Sydney went into administration.