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ASIC, Noumi win appeal in privilege fight over PwC report
Securities 2024-12-20 5:45 pm By Andy Sidler

An appeals court has overturned a finding that food company Noumi waived privilege over a PwC report commissioned by Ashurst, which it produced to ASIC under voluntary disclosure.

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Boral wins challenge to CEO cross-examination in class actions
Class Actions 2024-12-18 4:43 pm By Cindy Cameronne

Boral has won a legal challenge to its former CEO facing cross-examination in a shareholder class action trial over an email referring to a confidential EY report.Ā 

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CIMIC settles shareholder class action for $45.25M
Securities 2024-12-18 6:25 pm By Andy Sidler

CIMIC has agreed to pay $45.25 million to settle a shareholder class action alleging it failed to properly inform the market about its investment in a Middle East company.Ā 

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Mesoblast class action settlement wins court OK
Class Actions 2024-12-16 11:17 pm By Christine Caulfield

A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.

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Evolution Mining hit with shareholder class action
Energy & Natural Resources 2024-12-13 3:23 pm By Christine Caulfield

Gold miner Evolution Mining faces a class action over alleged disclosure failures in relation to its Canadian operations.

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‘We will hold them to account’: ASIC accuses Rex of misleading market
Securities 2024-12-11 1:29 pm By Julia Kanapathippillai

The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.

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iSignthis wins fight to bring evidence of offers to settle with ASIC
ASIC 2024-12-05 11:54 pm By Andy Sidler

Hoping for a discounted penalty, fintech iSignthis has won its bid to adduce evidence of without prejudice offers it made to reach a resolution with ASIC before the regulator took it to court.

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Nuix class action judge rejects bid to close shareholder class action up to trial
Class Actions 2024-12-04 11:19 pm By Andy Sidler

A judge has made a class closure order in a shareholder case against software company Nuix and underwriter Macquarie Capital, but rejected a bid to keep the order in operation until trial.

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Judge facing recusal bid clarifies relationship with litigation funder
Class Actions 2024-11-29 11:48 pm By Cindy Cameronne

A judge presiding over a class action against Fletcher Building has clarified his relationship with the director of a litigation funder which is the basis of a recusal bid.

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Keybridge shareholder can sue over $4.75M advance for Lake Como property
Securities 2024-11-27 11:00 pm By Cindy Cameronne

A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit Ā over a $4.75 million advance used for a director to purchase a Lake Como property.

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