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IOOF offered $6M to settle class action that ultimately flopped 
Class Actions 2024-04-15 11:02 pm By Andy Sidler

Investment manager IOOF has failed to persuade a judge that the applicant in a failed shareholder class action should face indemnity costs for rejecting a […]

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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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EML takes aim at shareholder class action over AML/CTF disclosures
Class Actions 2023-05-23 10:13 pm By Cindy Cameronne

Payments processing company EML has hit back at a shareholder class action over its alleged failure to disclose Ireland central bank’s concerns about its anti-money […]

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Law firm’s cut of EML class action driven down by carriage fight in separate case
Class Actions 2022-12-08 11:30 am By Sam Matthews

A judge has granted a law firm’s bid for a group costs order in a shareholder class action against payments processing company EML, but has […]

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Trivago hit with $44.7M penalty for ‘highly misleading’ hotel deals
Competition & Consumer Protection 2022-04-22 10:49 am By Cat Fredenburgh

A judge has slapped Trivago with $44.7 million in penalties for a “startlingly misleading” rankings system used on its travel comparison website which it reaped […]

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Judge orders penalties of $1.4M in ASIC’s case against Dover Financial
Financial Services 2021-03-05 6:17 pm By Cindy Cameronne

A judge has ordered that defunct Dover Financial Advisors and its former director pay $1.4 million in penalties for creating a misleading client protection policy […]

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Property group Cromwell loses discovery bid for case against hostile suitor ARA
Corporate 2020-10-21 11:44 am By Christine Caulfield

Real estate investment giant Cromwell Property Group will not get the court’s help in pursuing a case of “unlawful association” against its largest shareholder, Singapore-based […]

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Dover ignored lawyers’ warnings about ‘misleading’ client policy, court hears
Financial Services 2020-06-01 5:12 pm By Miklos Bolza

Former Dover Financial director Terry McMaster on Monday admitted to personally drafting a so-called client protection policy described by a judge as an “exercise in […]

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ASIC did nothing about Dover’s client protection policy for over a year, court told
Financial Services 2020-02-03 9:59 pm By Christine Caulfield

The Australian Securities and Investments Commission formed the view that Dover Financial’s “Orwellian” client protection policy was misleading in 2016 but did not raise its […]

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