ASIC has won approval to bring claims against troubled regional airline Rex and four of its directors for allegedly misleading investors about the company’s financial position.
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.
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.
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.
A court has approved a $26.5 million settlement in a shareholder class action against regenerative medicine company Mesoblast.
Gold miner Evolution Mining faces a class action over alleged disclosure failures in relation to its Canadian operations.
The corporate copy has brought court action against Rex and four of its directors alleging the regional airline misled the market about its profits.
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.
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.
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.