Most Recent
Structural Monitoring doesn’t have to keep CEO who brought whistleblower suit
A judge has declined to extend an injunction that barred ASX-traded Structural Monitoring Systems from sacking its CEO after he launched whistleblower proceedings against the aerospace company.
Ex-Passivhaus CEO claims she was sacked for raising governance issues
A judge has declined to reinstate the ex-CEO of sustainable building not-for-profit Australia Passivhaus Association while her suit alleging she was unlawfully terminated after complaining about serious governance issues moves forward. 
Crypto firm’s product not meant to generate return, High Court told
Block Earner has told the High Court that its Earner product was never meant to generate a financial return for users, as the court mulls whether to overturn a ruling that found the cryptocurrency firm did not need a financial services licence. 
Construction PRO
Villawood director can’t bring alternative argument in dispute over $295M property
A director of developer Villawood has lost his bid to bring an alternative claim in his case against the company’s subsidiary alleging he is entitled to part of a property said to be worth $295 million.
Leading class action lawyer leaves Jones Day for Thomson Geer
One of the country's leading class action lawyers has left Jones Day for Thomson Geer, the third litigation partner to depart the US-based firm in recent months.
Australian Unity hit with $7M penalty for failing to properly vet investors
A judge has ordered Australian Unity to pay a $7.1 million penalty in ASIC proceedings alleging it pumped more than $9.5 million into a risky mortgage scheme without properly vetting investors. 
APRA hits super trustee Diversa with additional licence conditions
Fresh off being sued by ASIC for investing $300 million into Falcon Capital’s failed First Guardian Master Fund, super trustee Diversa has been hit with additional licence conditions by the prudential regulator.
$583M Blue Sky class action can bring insider trading claims
A judge has allowed a shareholder class action over the collapse of asset manager Blue Sky to bring insider trading claims against several short sellers, as well as brokers Credit Suisse and Argonaut Securities. 
ANZ cops $250M penalty, judge tacks on $10M for ‘inexcusable’ bond conduct
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.
WiseTech finds Richard White did not inappropriately use company funds
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.