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Westpac looks to shield Allens chronologies in AUSTRAC class action
Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.
CIMIC class action funder takes $4.7M haircut from commission
The litigation funder behind a class action against engineering firm CIMIC took a $4.7 million hit to its commission from a settlement after a dispute with the plaintiff's law firm, according to a decision published Friday.
Ex-Trademax trader ordered to court for grilling over work at rival FP Markets
A former Trademax trader who allegedly worked for a rival platform while employed by the firm has been ordered to court for questioning over claims he did not have access to crucial documents.
CIMIC class action wins court nod for $45.25M settlement
A judge has approved a $45.25 million settlement in a shareholder class action against engineering firm CIMIC over disclosures relating to its Middle East business.
Judge won’t toss claims in Fitch Ratings class action
Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.
Mineral Resources, Chris Ellison hit with shareholder class action
Mineral Resources and founder Chris Ellison have been hit with a shareholder class action over alleged disclosure failures related to transactions with a company Ellison owned.
ASIC, Reserve Bank have ‘deep concerns’ about ASX after CHESS outage
ASX's management of operational risk that led to December's CHESS settlement outage has the corporate regulator and the Reserve Bank "increasingly concerned" and "deeply disappointed".
Construction PRO
CoStar makes best and final offer for Domain
US real estate company CoStar has made a second offer to buy real estate listing site Domain, upping its offer price by more than 5 per cent.
Construction PRO
James Hardie to buy US-based AZEK in $14B merger
Australian building materials giant James Hardie will acquire US-based home decking provider AZEK in a nearly $14 billion merger.