Class action firms and funders will set their sights on claims related to environmental, social and governance investing, says Clayton Utzâs new litigation partner Matthew Spain, but whether the game is worth the candle remains to be seen.
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 case against its former director over a lucrative transportation system.
Online trading company CMC Markets has succeeded in accessing advice given to class action members who are seeking to recover 10 yearsâ worth of âsignificantâ losses incurred while trading risky financial products on its mobile and web-based platforms.
Payments processing company EML has hit back at a shareholder class action over its alleged failure to disclose Ireland central bankâs concerns about its anti-money laundering and counter terrorism financing compliance, claiming swathes of the case are liable to be struck out.
Real estate investment trust NorthWest can amend its pleadings in a lawsuit alleging one of the countryâs largest unlisted healthcare property funds conspired to prevent it from acquiring a controlling stake, but has come up short in its bid to add to its claims against property giant Dexus.
The Australian Securities and Investments Commission has launched an investigation into whether Nuixâs current Chief Executive Officer Jonathan Rubinsztein unlawfully bought shares in the company after learning about a potential takeover offer.
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.
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 conferences in 2018.
One of the country’s largest software companies has entered a trading halt after detecting unauthorised third-party access to its internal IT system.
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 PricewaterhouseCoopers during a 2020 investigation into the food company’s financial position.