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.
A judge has rejected a shareholder’s bid to wind up investment firm Keybridge Capital, but allowed it to bring a derivative suit over a $4.75 million advance used for a director to purchase a Lake Como property.
Two High Court cases weighing key issues for class action practitioners will likely push the trial in a shareholder proceeding against the collapsed Blue Sky Alternative Investments and auditor EY to early 2026.
A class action against water treatment company Phoslock and auditor KPMG should not be held up until a shareholder that’s stuck in preliminary discovery proceedings files a competing case, a court has heard.
A review of allegations against WiseTech founder Richard White has cleared the billionaire of misconduct, finding no misuse of company funds and characterising his behaviour in the workplace as “creative abrasion” not bullying.
A shareholder class action against WiseTech has cited the logistics company’s response to a short seller’s report as proof of its failure to disclose the true performance of businesses purchased during an acquisitions streak.
CBA has attacked two failed class actions’ “misguided” appeal, arguing that requiring companies to disclose incomplete information to shareholders would distort the market.