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Former IRExchange execs charged with misleading ASIC
ASIC 2025-03-04 11:05 pm By Andy Sidler

Three former executives of failed online grocery wholesaler IRExchange have been charged with misleading the corporate cop during an investigation into a capital raising.

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Judge says prior work with Origin class action firm doesn’t disqualify him
Class Actions 2025-03-03 4:06 pm By Julia Kanapathippillai

A judge says his experience working alongside the law firm pursuing an investor class action against Origin Energy prior to his appointment to the bench does not disqualify him from hearing the case.

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Origin faces shareholder class action over energy markets guidance
Class Actions 2025-02-26 11:51 pm By Sam Matthews

Origin Energy has been hit with a class action alleging it breached its continuous disclosure obligations and misled the market in its earnings guidance for the 2022 and 2023 financial years.

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Quintis misled the market, but class action’s loss narrative lost the case
Class Actions 2025-02-25 11:50 pm By Christine Caulfield

In tossing the sixth securities class action to go to trial in recent years, a Federal Court judge has shown the task of proving shareholder loss is a doozy.

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BHP says ‘extremely significant’ changes to class action put trial date at risk
Energy & Natural Resources 2025-02-25 3:26 pm By Sam Matthews

BHP has asked for more time to grapple with a shareholder class action’s amended pleading, saying the changes, if allowed, threaten to derail the trial start date in September.

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Shareholder class action against EY, Quintis founder dismissed by court
Class Actions 2025-02-24 9:44 am By Christine Caulfield

Although finding the former director of Quintis and its auditor, EY, engaged in misleading and deceptive conduct, a judge has dimissed a class action by the sandalwood producer’s shareholders.

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Funders, lawyers ‘picking over bones of carcass’ in Quintis settlement: judge
Class Actions 2025-02-24 11:16 pm By Cindy Cameronne

A judge is concerned that if he approves all payouts sought by lawyers and funders from a $13.5 million settlement in a class action against a Quintis director, group members will only he left with just 18 per cent. 

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EML wins extra time to respond to class action’s ‘new case’
Class Actions 2025-02-20 4:54 pm By Sam Matthews

Payments processing company EML has won more time to respond to a new pleading in a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns with its anti-money laundering compliance.

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Construction PRO
US property giant CoStar makes $2.7B play for Domain
Securities 2025-02-21 5:02 pm By Sam Matthews

Nine-owned Australian property marketplace Domain is weighing up a $2.7 billion cash takeover offer from US-based CoStar Group, which snapped up a 16.9 per cent share in the company on Thursday.

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Construction PRO
Stockland locks in $800M in deals with KKR, M&G Real Estate
Construction 2025-02-21 5:18 pm By Cindy Cameronne

ASX-listed Stockland has secured two new logistics deals with global investment firm KKR and property investor M&G Real Estate worth a total of $800 million. 

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