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ASX denies misleading investors about CHESS replacement project
Securities 2024-11-15 11:32 pm By Cat Fredenburgh

The ASX has denied ASIC’s claims that it misled about the progress of the replacement project for its CHESS share registry, saying it had a reasonable basis for stating the project was on track.

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MinRes admits it should have disclosed related-party transactions
Energy & Natural Resources 2024-11-13 4:23 pm By Andy Sidler

Facing a probe by the corporate regulator, mining giant Mineral Resources has admitted that it should have disclosed transactions relating to managing director Chris Ellison’s company. 

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WiseTech Global faces class action by shareholders
Technology 2024-11-12 11:14 pm By Christine Caulfield

WiseTech has been hit with a class action over disclosures linked to the performance of its acquired businesses, but the recent allegations plaguing the logistics software company could come under the microscope too.

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Noumi privilege ruling could undermine ASIC investigations, Full Court told
Appeals 2024-11-12 11:15 pm By Sam Matthews

ASIC wants the Full Court to overturn a finding that Noumi waived privilege over a PwC report produced under a voluntary disclosure regime, arguing the regime benefits the public in making investigations more efficient.

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Companies need to report basis for climate change statements, says ASIC
Climate change 2024-11-12 1:55 pm By Cindy Cameronne

ASIC has proposed that companies be required to disclose the basis for any forward-looking statements concerning climate, as part of new reporting obligations set to take effect next year.

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Judge mulls CFO to cut Mayne class action funder’s commission
Class Actions 2024-11-08 11:48 pm By Andy Sidler

A commission baked into a funding agreement in a class action against Mayne Pharma is under threat, with a judge mulling an order off his own bat to cut the rate. 

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BHP says shareholders can’t expand class action because of ‘drafting error’
Class Actions 2024-11-08 11:12 pm By Cindy Cameronne

BHP has told an appeals court a shareholder class action should not be allowed to expand the group definition to correct an alleged drafting error.

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MinRes boss Chris Ellison to step down after disclosure, integrity failures
Energy & Natural Resources 2024-11-04 11:07 pm By Andy Sidler

Founder and managing director of mining company Mineral Resources Chris Ellison will step down after an internal investigation found he engaged in misconduct.

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BHP class action gets 3 extra weeks for high-stakes trial
Class Actions 2024-10-30 11:03 pm By Sam Matthews

A shareholder class action against BHP over the 2015 Fundao dam collapse in Brazil has won a bid to add an extra three weeks to a six-week hearing to account for any evidentiary surprises.

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Medibank says Deloitte data breach report not relevant in shareholder class action
Privacy & Cybersecurity 2024-10-29 11:43 pm By Cindy Cameronne

Medibank is seeking to shield from a shareholder class action an “irrelevant” post-incident report by Deloitte into its massive October 2022 data breach.

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