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Class action wants AMP, Clayton Utz emails over controversial fees for no service report
Financial Services 2022-10-12 2:57 pm By Sam Matthews

A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly went through 25 rounds of edits with the wealth manager’s inhouse lawyers before being presented to the corporate regulator as independent.

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Judge doubts utility of Full Court hearing in sacked Greenwoods partner’s case
Employment 2022-10-06 4:02 pm By Cindy Cameronne

A judge has raised concerns about the utility of referring a satellite dispute over whistleblower protections to the Full Court in a $13 million lawsuit brought by an ex-Greenwoods & Herbert Smith Freehills partner.

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Sacked partner in Lendlease ‘tax dodge’ suit wants Full Court to weigh in on whistleblower laws
Employment 2022-09-19 12:49 pm By Cindy Cameronne

A former Greenwoods & Herbert Smith Freehills partner wants the Full Court to decide whether whistleblower protections apply retrospectively in a $13 million suit alleging he was sacked for complaining about the tax avoidance strategy of construction giant Lendlease.

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Westpac slams ‘disorderly’ shareholder class action over AUSTRAC disclosures
Class Actions 2022-09-16 2:42 pm By Sam Matthews

Westpac has criticized the lead applicant in a class action filed in the wake of AUSTRAC proceedings for the “disorderly” conduct of the lagging proceedings, with discovery yet to be finalized as the case nears its third anniversary.

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Sacked partner in Lendlease ‘tax dodge’ suit not a protected whistleblower, court told
Employment 2022-09-06 11:14 pm By Christine Caulfield

The protective scope of whistleblower laws will be tested in a $13 million suit brought by a former Greenwoods & Herbert Smith Freehills partner allegedly sacked for complaining about the tax avoidance strategy of construction giant Lendlease, the advisory firm’s biggest client.

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Class action against Westpac says bank’s discovery not up to Worley standard
Class Actions 2022-08-24 11:17 pm By Christine Caulfield

Westpac and the lead applicant in a class action filed in the wake of AUSTRAC proceedings are still battling it out over discovery of evidence three years into the case. And the applicant claims the bank’s discovery protocol fails the new test set by the Full Federal Court earlier this year.

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‘Concerned’ judge wants answers from AMP on remediation program
Financial Services 2022-08-19 11:05 pm By Cindy Cameronne

A judge has raised concerns that AMP Financial Planning has not compensated customers for allegedly failing to prevent life insurance churning, directing the firm to explain the “vanishingly small” number of people who have been remediated.

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GetSwift shareholder class action settlement has ‘collapsed’, judge says
Class Actions 2022-08-17 1:12 pm By Cindy Cameronne

A judge overseeing a shareholder class action against GetSwift has said the settlement and company itself have “collapsed” after the logistics business went into liquidation and failed to make the last of the upfront payments due under the deal’s $1.5 million cash component.

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Partner in Lendlease tax ‘dodge’ suit says whistleblower protections apply
Employment 2022-07-28 1:38 pm By Cindy Cameronne

A former Greenwoods & Freehills partner will argue he is entitled to whistleblower protection in his lawsuit against the tax advisory firm and Lendlease, alleging he was forced to leave after refusing to put his name to a tax return and making protected disclosures.

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CommSec agrees to $20M penalty for ‘serious and unacceptable’ system failures
Financial Services 2022-03-03 9:02 pm By Bianca Hrovat

Commonwealth Bank unit CommSec has agreed to pay a $20 million penalty for a series of “serious and unacceptable” failures that lead to excessive fee charges, a court has heard.

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