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Super fund faces $40M class action by transport workers
Class Actions 2024-04-12 3:19 am By Cat Fredenburgh

Transport workers have lodged a $40 million class action against one of the country’s largest super funds for allegedly miscalculating their superannuation entitlements.

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Aristocrat’s 6-year battle to patent Lightning Link poker machine ends in defeat
Intellectual Property 2024-04-12 9:30 pm By Cindy Cameronne

A judge has ruled gaming giant Aristocrat Technologies cannot patent its Lightning Link electronic poker machine, after six High Court Justices split on whether the popular game was eligible for patent protection.

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GEMI Capital may face class action by wealthy Sydney investors
Class Actions 2024-04-12 11:00 pm By Andy Sidler

Sydney lender GEMI may face a class action for allegedly enticing wealthy individuals to make investments in products they were misled into believing were low risk.

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ASIC wins case against payday lender Sunshine Loans over ‘wrongheaded’ fees
Financial Services 2024-04-12 11:08 pm By Sam Matthews

In a win for the Australian Securities and Investments Commission, a judge has found that payday lender Sunshine Loans charged thousands of customers prohibited fees, issuing a scathing judgment condemning the company’s “wrongheaded” conduct.

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Prosecutors drop criminal case against Meta over scam crypto ads
White Collar 2024-04-12 4:27 am By Cat Fredenburgh

A criminal case against Facebook owner Meta sparked by mining magnate Andrew Forrest over scam cryptocurrency ads has been dropped, while a similar case by the Australian Competition and Consumer Commission remains on foot.

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Law firm will try to claim funder’s cut as damages in Murray Darling class action
Class Actions 2024-04-12 10:12 pm By Cindy Cameronne

A class action against the Murray Darling Basin Authority over alleged negligent water management is seeking to claim a funder’s commission as damages after a judge refused the first-ever such bid in a separate group proceeding. 

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Maggie Beer faces court challenge over earnout on $40M acquisition
Corporate 2024-04-12 11:35 pm By Cindy Cameronne

ASX-listed gourmet food company Maggie Beer has been dragged to court by the founders of Hampers & Gifts Australia over a $10 million earnout that was part of a $40 million agreement to acquire the e-commerce company in 2021. 

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Settlement reached in class action against NSW law firm
Class Actions 2024-04-12 10:44 pm By Cindy Cameronne

A class action seeking to hold a regional NSW law firm liable for the actions of a former employee who was sentenced to a term of imprisonment for fraud offences in 2021 has reached a settlement. 

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Even an entirely discredited Bruce Lehrmann could win his defamation case
Defamation 2024-04-12 11:28 pm By Christine Caulfield

Attacks at trial on the credibility of Bruce Lehrmann hit their target, but it’s still his case to lose on Monday morning, when judgment is delivered on his defamation claims against Ten. Throughout the case the network has borne the burden of proving Brittany Higgins’ rape allegation was true, and it is the very seriousness of that allegation that made the task harder.

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Noumi can’t keep lid on PwC report in ASIC case
Securities 2024-04-11 11:46 pm By Cindy Cameronne

A former director of Noumi has won his challenge to the food manufacturer’s claim for legal professional privilege over a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst, with a judge finding the company waived privilege by disclosing it to Australian Securities and Investments Commission. 

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