Most Recent
Mercer Super hit with $11.3M penalty in first ASIC greenwashing case
A judge has ordered Mercer Superannuation to pay $11.3 million for “reckless, if not deliberate” representations about so-called sustainable investment options that included investment in oil and gas companies, including BHP and Origin Energy. 
ACCC approves Louis Dreyfus’ proposed acquisition of Namoi Cotton
The Australian Competition and Consumer Commission has approved France-based Louis Dreyfus' proposed acquisition of ASX-traded cotton gin operator Namoi Cotton, after accepting an undertaking that allayed its competition concerns.
Wealth guru Dominique Grubisa hit with 18-month ban
Sydney-based wealth guru Dominique Grubisa has been banned from managing corporations for 18 months after an ASIC investigation found two companies she managed owed more than $300,000 to creditors.
Jailed advisor Roger Munro loses appeal after failed bid to withdraw plea
The Queensland Court of Appeal has knocked back a challenge by jailed investment guru Dr Roger Munro to his conviction on three counts of fraud, which landed him a four-and-a-half month prison sentence.
Wellness firm Doll House cops penalty for sham contracting
Bondi wellness research company Doll House has copped a $197,000 penalty for terminating three disabled employees and re-engaging them as independent contractors in a 'sham' contracting arrangement.
CrowdStrike outage to spark slew of complex courtroom fights, lawyers say
Experts say the chaos of last month’s CrowdStrike outage is likely to spark a flurry of litigation both overseas and at home, including class actions, but lawyers bringing the claims will face significant hurdles.
NGS Crypto can’t undo receivership, freezing orders
Hong Kong-based NGS Crypto Group and its director have lost their bid to undo receivership and freezing orders made amid concerns about dissipation of assets as ASIC investigates whether hundreds of Australians who sank $21.1 million into the crypto firm were misled about the safety of their investments.
Delegate hangs up on opposition to Zoom trade mark
A Japanese manufacturer of musical instruments has lost its opposition to telecommunications provider Zoom's bid to register its name as a trade mark, with a delegate finding consumer confusion was unlikely given the difference in the companies' products.
ANZ senior execs under scrutiny in investigation over $14B bond sale
ANZ has confirmed that senior executives could face consequences in an investigation led by Herbert Smith Freehills and Allens regarding concerns that it manipulated government bond sales last year. 
ASIC accuses COFCO of manipulating wheat futures markets
ASIC has brought civil penalty proceedings against Chinese government-owned agri-business COFCO, alleging it manipulated the market for Eastern Australian wheat futures market contracts in 2022.