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Banksia investors slugged with costs after suit against ABL, receiver
Class Actions 2026-01-30 11:10 pm By Cindy Cameronne Sydney
Banksia Securities investors who agreed to drop their case alleging breaches linked to a scandal-ridden class action have been hit with costs, with a judge saying the case was “plainly” not for the benefit of all group members.
Banksia case against receiver has dim prospects, is out of time, court finds
Class Actions 2025-10-17 11:25 pm By Christine Caulfield
KMPG partner John Lindholm has escaped a potential probe into his decision to endorse a settlement in the scandal-ridden Banksia Securities class action as the receiver for the collapsed lender.
Judge questions claim Banksia receiver ‘went along’ with class action settlement
Class Actions 2025-10-03 11:18 pm By Cindy Cameronne Sydney
A judge has questioned whether an investor in failed Banksia Securities can bring a case against a court-appointed receiver over his support for a class action settlement later found to involve deception by a team of lawyers. 
Suit against Banksia receiver, law firm a bid to ‘exhume case from grave’, court told
Class Actions 2025-10-02 10:41 pm By Cindy Cameronne Sydney
The receiver for Banksia Securities — the failed lender at the centre of a scandal-ridden class action — has argued a new case accusing him of serious misconduct is vexatious and wants a court to release him from the claims.