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ASIC investigates ASX over CHESS replacement program
Securities 2023-03-29 10:06 pm By Sam Matthews

The corporate watchdog has commenced a probe into ASX’s handling of the CHESS replacement program, including in relation to possible continuous disclosure breaches and misleading or deceptive conduct.

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Meriton guest, staff data exposed in latest cyberattack
Privacy & Cybersecurity 2023-03-29 11:25 pm By Christine Caulfield

Property and hotel giant Meriton is the latest company to fall victim to a cybersecurity breach, which exposed information held by the company on almost 2,000 guests and staff.

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Cato & Clive emails to be seen by Racing NSW as it mulls competition case
Competition & Consumer Protection 2023-03-29 7:42 pm By Cindy Cameronne

The NSW state racing authority has won access to communications between public relations firm Cato & Clive and five other racing bodies, including Racing Victoria, as it weighs a lawsuit alleging they plotted to exclude the body from the Australian horseracing industry. 

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Purdue unit targets AUPharma over Targin
Intellectual Property 2023-03-29 4:19 pm By Cindy Cameronne

A unit of Purdue Pharma has fired off a cross-claim in Australian drug maker AUPharma’s lawsuit alleging the US drug giant was wrongly granted patent extensions for oxycodone products marketed as Targin.

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Engage Marine seeks ACCC docs in competition suit against TasPorts
Competition & Consumer Protection 2023-03-29 3:32 pm By Sam Matthews

Port operations provider Engage Marine is seeking to obtain copies of restricted documents in the ACCC’s case against TasPorts, as it mounts its own competition suit against the Tasmanian government-owned body.

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In novel case, Rex Patrick sues AG for access to ‘sports rorts’ notes
Politics 2023-03-29 1:42 pm By Cindy Cameronne

Former senator Rex Patrick has brought novel proceedings against the Attorney-General seeking access to letters concerning the 2020 “sports rorts” scandal and challenging the government’s policy of denying access to documents after a minister has changed jobs.

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Law firm expresses ‘regret’ as Aveo pays just $11M to settle class action
Class Actions 2023-03-28 4:09 pm By Cindy Cameronne

A class action against Aveo Group has settled for $11 million mid trial, with the law firm that brought the case expressing regret for any “distress or anxiety” it caused and acknowledging the retirement village provider’s contracts with residents were lawful. 

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Latitude faces class action investigation over data breach
Privacy & Cybersecurity 2023-03-28 3:14 pm By Cindy Cameronne

Two class action law firms have teamed up to investigate possible legal action against Latitude Financial over a cyberattack that resulted in the theft of 14 million customer records.

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Beauty brand McPherson’s denies ASIC case over Dr LeWinn sales forecast
ASIC 2023-03-28 9:49 pm By Sam Matthews

Beauty giant McPherson’s has denied ASIC’s claims that it misled the market and breached its disclosure obligations in 2020, arguing that a document showing sales of its Dr LeWinn’s line were down by $21 million was a draft that couldn’t have been used to revise a financial forecast.

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Ex-Sydney Symphony CEO drops case linked to sexual harassment probe
Employment 2023-03-28 9:17 pm By Sam Matthews

The Sydney Symphony Orchestra’s former boss Emma Dunch has discontinued her unfair dismissal case in which she claimed she was terminated for investigating multiple claims of sexual harassment by musicians.

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