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Destec can use evidence from MinRes feud for possible case against ex-director
Energy & Natural Resources 2023-05-24 2:34 pm By Cindy Cameronne

Mining engineering company Destec has won its bid to use evidence produced in a dispute with Mineral Resources in considering whether to bring a new […]

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Online traders win discovery in class action over risky CFDs
Class Actions 2023-05-24 5:16 pm By Sam Matthews

Online trading company CMC Markets has succeeded in accessing advice given to class action members who are seeking to recover 10 years’ worth of “significant” […]

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EML takes aim at shareholder class action over AML/CTF disclosures
Class Actions 2023-05-23 10:13 pm By Cindy Cameronne

Payments processing company EML has hit back at a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns about its anti-money […]

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Healthcare REIT can’t add claims against Dexus in trust takeover spat
Real Estate 2023-05-23 5:45 pm By Sam Matthews

Real estate investment trust NorthWest can amend its pleadings in a lawsuit alleging one of the country’s largest unlisted healthcare property funds conspired to prevent […]

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ASIC investigates Nuix boss over $236,000 share purchase
ASIC 2023-05-17 4:02 pm By Cindy Cameronne

The Australian Securities and Investments Commission has launched an investigation into whether Nuix’s current Chief Executive Officer Jonathan Rubinsztein unlawfully bought shares in the company […]

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More law firms ready class actions over Downer’s $40M earnings overstatement
Class Actions 2023-05-15 3:49 pm By Christine Caulfield

More class action law firms have pounced on Downer EDI’s “accounting irregularities” that led to the company overstating profits by up to $40 million. As […]

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Australian Mines ex-director hit with $70,000 penalty for conference representations
Energy & Natural Resources 2023-05-12 11:57 pm By Cat Fredenburgh

A former director of Australian Mines has copped at $70,000 penalty in ASIC proceedings accusing him of making false and misleading representations at mining investment […]

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TechnologyOne halts trading after cyberattack
Privacy & Cybersecurity 2023-05-10 4:21 pm By Sam Matthews

One of the country’s largest software companies has entered a trading halt after detecting unauthorised third-party access to its internal IT system. In a market […]

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Noumi class action judge questions ‘unusual’ privilege bid over docs seen by Ashurst, PwC
Class Actions 2023-05-08 10:20 pm By Cindy Cameronne

A judge has questioned an “unusual” bid by Noumi to shield over 3,000 documents, their titles and the identities of those who sent them to […]

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Downer EDI hit with second shareholder class action over accounting irregularities
Securities 2023-05-05 4:38 pm By Cat Fredenburgh

Infrastructure services company Downer EDI has been hit with a second shareholder class action following revelations of accounting irregularities that sent its share price tumbling. […]

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