A jury has found the former managing director of South Australian mining exploration company Golden Fields Resources guilty of two counts of insider trading, the corporate regulator said Tuesday.
A helicopter passenger who suffered serious injuries in an accident near Alice Springs has lost a challenge to the dismissal of his case, with an appeals court ruling a Slater & Gordon lawyer’s defective statement of claim — lodged on the last day of the limitations period — was not accepted by a registry of the Northern Territory Supreme Court.
In an escalating battle between the online bookmakers, CrownBet has filed a cross claim in a consumer and trademark infringement lawsuit brought by Sportsbet that calls for the cancellation of its rival’s trade marks.
AMP has slammed arguments that group members in four Federal Court class actions could face a jurisdictional limitation on their claims of disclosure breaches if their cases are transferred to state court, saying no such disadvantage exists.
Two group members of a resolved class action over managed investment schemes operated by agribusiness Great Southern Group are bound by the settlement deed to repay loans they took out with the Bendigo and Adelaide Bank, despite the severe constraints the settlement placed on individual defences, a judge has ruled.
Consumer goods giant Reckitt Benckiser has been ordered by the Federal Court to remove all in-store advertising for its Strepfen throat lozenges after a successful interlocutory application by rival iNova Pharmaceuticals.
Crown Resorts is taking the NSW government to court over development at central Barangaroo that threatens to block its views of Sydney Harbour Bridge and the Opera House.
The lead applicant in an investor class action against Fitch Ratings will get its hands on internal reports detailing why the agency assigned a Triple A rating to Sigma Finance Corporation ahead of its 2008 collapse, and whether it could have predicted the fall of the $27 billion investment fund.
The Full Federal Court expressed doubts Tuesday about an “unusual” and “heavy handed” order restraining lawyers leading the stayed class actions against GetSwift from advising their clients about whether to opt out of the prevailing action.
The corporate watchdog can’t get its hands on documents detailing Westpac’s disciplinary measures against rogue traders or communications between the employees ahead of a penalty hearing in a case that found the bank attempted to influence the Bank Bill Swap Rate.