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Freezing orders extended in ASIC case against Falcon Capital’s ex-CIO
A judge has pushed out freezing orders against the former chief investment officer of failed investment firm Falcon Capital, dismissing the excecutive's complaint that he was leaning on friends to pay bills.
Netwealth failed to properly vet First Guardian fund, court told
The corporate regulator has sought court declarations against super trustee Netwealth over the failed First Guardian investment fund, which along with the collapsed Shield is believed responsible for $1 billion in losses.
Meta glasses may be target of next phase of privacy reforms
The government is mulling stronger privacy laws to deal with emerging technologies like smart glasses, with the OAIC saying it was giving "serious consideration" to the privacy issues raised by the glasses, most of which are made by Meta.
ACCC blocks Kegstar acquisition of Konvoy assets
The ACCC has opposed US-based keg pooling company Kegstar's proposed acquisition of the assets of rival Konvoy, the second acquisition blocked since the new mandatory merger review came into effect.
CoCo Joy boss cops 6-month sentence after conviction appeal
The CEO of the defunct company behind coconut water brand CoCo Joy has been resentenced after he succeeded in overturning his conviction on one of three charges.
ATO wants new judge to hear former EY partner’s case
Awaiting judgment in a case by the ATO alleging the promotion of tax loss schemes, former EY partner Peter White has fired off his own case against the tax office, and both sides want a different judge to hear the matter.
Clive Palmer asks High Court to revive case against former ASIC chair
Billionaire Clive Palmer has asked the High Court to revive his misconduct claims against former ASIC chair James Shipton, which the Full Court rejected as "little more than a house of cards".
Peabody Energy backpays coal mine workers $5M
Peabody Energy has paid $5 million to mine workers who were shortchanged, after the coal producer admitted it misunderstood employees' entitlements under the Award. 
Ex-Berndale Capital director jailed for misusing company funds
A former director of collapsed Melbourne-based over-the-counter derivatives broker Berndale Capital Securities will serve 23 months in prison after pleading guilty to misusing company funds, misconduct that ASIC called "egregious".
Construction PRO
ACCC opens review into Merivale’s acquisition of Sackville Hotel
The ACCC has opened a review into whether Merivale's proposed acquisition of Sydney's Sackville Hotel from the Fairfax family could substantially lessen competition in Rozelle's pub market.