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In shareholder class action appeal, Worley argues judge ‘went off the rails’
Appeals 2025-03-19 11:01 pm By Cindy Cameronne

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.

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Richard White misled WiseTech board, report finds, but no action taken
Employment 2025-03-19 2:02 pm By Sam Matthews

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.

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Solicitor for ASIC may face grilling over privilege claim in ASX CHESS case
Securities 2025-03-12 1:52 pm By Cindy Cameronne

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.

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High Court to rule on significance, and reach, of Victoria’s contingency fees
Class Actions 2025-03-11 11:00 pm By Christine Caulfield

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.

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Noumi’s ex-boss might take stand in ASIC case over inventory disclosures
Securities 2025-03-11 2:55 pm By Julia Kanapathippillai

The former managing director and CEO of food company Noumi may give evidence at trial in the corporate regulator’s case next year.

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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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