A former financial advised has been sentenced to 10 years in prison for doing ‘as he pleased’ with $5 million in client funds that were earmarked for superannuation investments.
Billionaire property developer Harry Triguboff is taking NSW Premier Gladys Berejiklian to court in his fight for approval of a controversial tower in Macquarie Park, Sydney.
The judge overseeing the marathon Queensland floods class action has shot down a request by the defendants to submit new expert flood modeling reports, saying the “sophisticated litigants” would have to live with their earlier decision to pass on the chance to submit evidence in response to new reports by the plaintiff’s expert.
A parliamentary report released Thursday recommended major reform to the $170 billion franchise industry and called on three government agencies to probe franchise giant Retail Food Group and its top executives for potential insider trading, tax evasion and other unlawful conduct.
The founder of JustKapital is considering adding Corrs Chambers Westgarth to a lawsuit he brought seeking nearly $1 million allegedly owed as part of a deal he made to step down as managing director from the litigation funder.
A top executive at railway technology company Wavetrain has been referred to the Commonwealth Attorney General for possible criminal proceedings after its solicitors at Mills Oakley worked with opposing counsel to uncover false evidence he provided in a consumer case centered on the company’s railway patents.
The trial in the ACCC’s case against hospital group Ramsay Health Care has doubled in length after the regulator made a late bid to enter as evidence a file note based on a sound recording of a meeting in which a Ramsay unit’s CEO allegedly made anti-competitive threats.
ANZ has reached a settlement in long-running class action proceedings alleging it hit customers with illegal fees, but the $1.5 million payout falls far short of the many millions IMF Bentham spent in funding the matter.
Customer credit card information and other personal details may have been stolen during a breach of Kathmandu’s online system, the outdoor clothing retailer has revealed.
The courts should be given express statutory power to resolve competing class actions that establishes the factors to consider when picking a winning case, a leading class action judge has said.