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In second securities class action failure in two days, IOOF shareholders lose out
Class Actions 2023-12-20 11:55 am By Cindy Cameronne

A judge has dismissed a securities class action against Insignia Financial, formerly known as IOOF, in the second judgement in two days to find no […]

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Competing Qantas class action on the cards, court urges firms to avoid fight
Competition & Consumer Protection 2023-10-12 10:59 am By Cindy Cameronne

A second law firm is likely to throw its hat in the ring to run a competing class action against Qantas over flight cancellations in […]

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Insignia broke promise to hire PwC to review model portfolio: trial
Trials 2023-06-05 11:31 pm By Sam Matthews

Despite assurances, wealth manager Insignia Financial did not engage PricewaterhouseCoopers to review the performance of its ‘Buy Model” investment portfolio after an equities analyst complained […]

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Allianz to appeal ruling over indemnity for historic sex abuse claims
Insurance 2023-04-27 10:06 pm By Cindy Cameronne

Allianz has flagged it will appeal a ruling that found it must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred […]

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Insurer must indemnify church for historic sex abuse claims
Insurance 2023-03-10 6:17 pm By Cindy Cameronne

Allianz must indemnify the Uniting Church for historic claims of sexual abuse that allegedly occurred up to four decades ago at the exclusive Sydney boys’ […]

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IOOF class action to get ASIC files on abandoned insider trading probe
ASIC 2022-02-08 4:00 pm By Sam Matthews

The corporate watchdog has been subpoenaed for its investigation files in the latest development in a protracted discovery fight in a shareholder class action over […]

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In latest setback for shareholder class actions, judge finds Iluka did not breach disclosure rules
Class Actions 2022-02-07 11:21 am By Christine Caulfield

Investors have lost their class action against Perth-based Iluka Resources, the latest shareholder class action to fail after pushing through to trial. Dismissing the case […]

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IOOF to face expanded misconduct allegations in shareholder class action
Class Actions 2021-11-19 3:35 pm By Miklos Bolza

A judge has given the green light to expanded misconduct allegations in a shareholder class action against IOOF, including claims of insider trading and front-running. […]

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IOOF may face new misconduct allegations in shareholder class action
Class Actions 2021-08-09 10:20 pm By Bianca Hrovat

The applicant in a shareholder class action against IOOF wants to add ten new misconduct allegations, including that a relative of a former executive made […]

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Australian Pacific Touring fights recasting of test case after discovery bungle
Competition & Consumer Protection 2021-02-11 1:49 pm By Miklos Bolza

Cruise company Australian Pacific Touring will resist any expansion of a test case over cancellations brought against it by a former passenger after its failure […]

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