A judge “went off the rails” in finding Worley liable for misleading or deceptive conduct, a lawyer for the engineering services company has said on the first day of an appeal in a shareholder class action.
A law firm review has found WiseTech co-founder and executive chair Richard White misled the board about several personal relationships, but the tech company has flagged no action against him.
ASIC’s claim of legal privilege over a solicitor’s notes of an interview with a tech start-up boss involved in the ASX program to replace its CHESS system could be tested under cross-examination, a court has heard.
Are group costs orders a factor in deciding a bid to transfer a class action? Can the orders survive the move to an inhospitable state? These questions are to be decided by the High Court Wednesday, in a ruling that will clarify the relevance and reach of Victoria’s contingency fee regime.
The former managing director and CEO of food company Noumi may give evidence at trial in the corporate regulator’s case next year.
Three former executives of failed online grocery wholesaler IRExchange have been charged with misleading the corporate cop during an investigation into a capital raising.
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.
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.
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.
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.