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Mayfair’s James Mawhinney agrees to steer clear of IPO Wealth investors
Class Actions 2022-06-10 3:41 pm By Cindy Cameronne

Mayfair Groupā€™s James Mawhinney has given an undertaking to not contact group members in a class action against a trustee of the collapsed IPO Wealth […]

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Class action settlement with IPO Wealth trustee ā€˜a lot lessā€™ than investorsā€™ claims, court told
Restructuring & Insolvency 2022-06-02 6:30 pm By Cindy Cameronne

Investors in Mayfair Groupā€™s collapsed IPO Wealth Fund stand to recoup ā€œa lot lessā€ than their alleged $67 million in losses from a settlement in […]

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Settlement reached in class action against trustee of collapsed IPO Wealth
Financial Services 2022-04-07 6:50 pm By Christine Caulfield

The trustee of Mayfair Group’s collapsed IPO Wealth Fund has reached an in-principle settlement in a class action alleging it misled investors, who lost $86 […]

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IOOF unit fined $6M for financial adviser’s bad advice
Financial Services 2022-02-03 6:26 pm By Cat Fredenburgh

A judge has hit IOOF unit RI Advice with a $6 million penalty for failing to rein in an adviser who reaped hefty commissions for […]

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Judge questions if ASIC’s proposed $6M penalty against IOOF unit has enough sting
Financial Services 2022-02-01 4:01 pm By Bianca Hrovat

A judge has raised concerns about a $6 million penalty proposed by the Australian Securities and Investments Commission against IOOF unit RI Advice for failing […]

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‘Cranky’ judge slams ‘disgraceful’ year-long privilege fight in class action against Westpac units
Class Actions 2021-11-18 4:48 pm By Miklos Bolza

A judge has scolded Slater & Gordon and two Westpac subsidiaries for a “disgraceful” privilege spat in a class action over allegedly excessive superannuation fees […]

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Law firm wants to use class action list to help group members in Tandem liquidation
Class Actions 2021-11-01 9:05 pm By Miklos Bolza

Shine Lawyers is seeking court permission to use a list of employees provided by collapsed telecommunications contractor Tandem in a stayed class action to assist […]

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Banks lose cases against directors over $2.8B collapse of steel giant Arrium
Restructuring & Insolvency 2021-08-17 12:15 pm By Christine Caulfield

A judge has dismissed two cases brought by the Commonwealth Bank, Westpac and other lenders against directors of the failed steel giant Arrium, saying he […]

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ASIC wins bad advice case against IOOF unit RI Advice
Financial Services 2021-08-02 10:30 am By Cindy Cameronne

The Australian Securities and Investments Commission has won its case against IOOF unit RI Advice, with a judge finding the financial services firm failed to […]

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Tandem enters administration, scuttling $400M sham contracting class action
Employment 2021-07-07 9:02 pm By Miklos Bolza

A $400 million class action brought by Shine Lawyers against a major Telstra and Foxtel contractor will be stayed after the company was placed into […]

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