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ASIC targets AMP execs in fees for no service probe, court told
AMP executives are the focus of the Australian Securities and Investments Commission's investigation of the wealth management firm's fees for no service scandal, a court heard Friday.
‘Likely’ GetSwift class action settlement should not be delayed by High Court appeal, judge says
A judge won't defer the opt-out notice in a shareholder class action against GetSwift pending the High Court's decision on a special leave application to revive a competing class action, saying the sooner the case settles the better.
Sarah Hanson-Young wants Leyonhjelm to pay her legal bill for unexplained court absence
Greens senator Sarah Hanson-Young, who is suing fellow senator David Leyonhjelm for defamation, has asked a court for the costs of having her lawyers appear at a hearing for which his side failed, without explanation, to appear.
Maurice Blackburn drops investigation of Opal Tower class action
Maurice Blackburn has dropped its investigation of a possible class action on behalf of owners of units in Sydney's faulty Opal Tower, but Corrs Chambers Westgarth is still pursuing a potential case.
Optus hit with $10M fine for misleading customers over mobile phone bills
Optus has been ordered to pay $10 million in penalties for billing unwitting customers for premium mobile phone services, the consumer regulator said Wednesday.
Pitcher Partners appeals $5.6M damages award over concealed accounting error
Accounting firm Pitcher Partners will challenge a ruling that it owes a NSW bus operator $5.6 million in damages for fraudulently concealing a costly amortisation error.
Hayne recommends criminal charges against at least two entities, but doesn’t name names
Banking royal commissioner Kenneth Hayne has recommended at least two unnamed entities face criminal charges for dishonest conduct connected to their fees for no service practices, an offence that carries a maximum penalty of 10 years' jail or a hefty fine, or both.
Deloitte continues fight to keep Hastie files secret after claiming partner made off with them
Deloitte is challenging a judge's ruling that certain partners not be excused from an order to produce files of the accounting giant's audit work for Hastie Group to shareholders in a class action over the construction company's collapse, its latest move after a failed attempt to persuade the judge that a rogue partner had taken the only copies of the files and refused to give them back.
Barristers suing DLA Piper over $370,000 in fees did not do all the work, court told
Two barristers suing DLA Piper over $370,000 in fees did not perform all the work for which they billed the law firm, a court heard Monday.
Boutique firm Phi Finney McDonald ’eminently qualified’ to run BHP class action, experts say
Class action experts have come to the defence of boutique law firm Phi Finney McDonald as heavyweight Maurice Blackburn appeals a judge's ruling to choose the "less experienced" firm to lead a shareholder class action against BHP Billiton.