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AMP admits to breaches in ASIC’s insurance churn case
Financial Services May 21, 2019 12:43 pm By Miklos Bolza

AMP’s financial planning unit has admitted it breached the Corporations Act when at least one of its representatives engaged in so-called insurance policy churning, in […]

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MACH Energy attacks former director’s ‘inconsistent’ pleadings in $20M lawsuit
Employment May 16, 2019 4:47 pm By Miklos Bolza

Mining firm MACH Energy may move to strike out “inconsistent” pleadings in a $20 million lawsuit brought by its former managing director, Scott Winter, whose […]

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Mach Energy faces $20M lawsuit by ex-managing director
Employment March 7, 2019 4:16 pm By Miklos Bolza

Mining firm Mach Energy is facing legal action from its former managing director over $20 million in shares allegedly owed under an equity incentive scheme. […]

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ASIC challenge to Westpac personal advice ruling likely
Financial Services February 7, 2019 11:16 am By Miklos Bolza

The Australian Securities and Investments Commission will likely appeal a ruling that two Westpac units did not provide personal financial advice as part of a […]

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S&P settlement approved despite ‘extraordinarily large’ funder fee
Class Actions August 9, 2018 9:34 pm By Miklos Bolza

A judge has given the green light to a settlement of six class actions against ratings agency S&P Global and ANZ Bank over toxic financial […]

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Judge in S&P class actions told to start from scratch with funder’s fee
Class Actions July 26, 2018 8:08 pm By Miklos Bolza

The amicus hired to assess the funder’s cut of a potentially record settlement in several class actions against S&P Global over toxic financial products has […]

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Judge slams confidentiality clause in settlement of S&P class actions
Class Actions July 24, 2018 9:33 pm By Miklos Bolza

The judge weighing a record settlement in multiple class actions against S&P Global over toxic financial products said Tuesday there was “no way” he would […]

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