Most Recent
Class action says AMP did ‘nothing’ for 12 years to get better rate for super clients
Class Actions 2025-05-27 11:25 pm By Andy Sidler

On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers’ superannuation with the bank.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Star’s former CEO not responsible for ‘every aspect’ of business, court told
Trials 2025-05-13 11:45 pm By Cindy Cameronne

The former CEO of the Star was not responsible for every aspect of the business and instead played a “supervisory role”, a court has heard in ASIC’s case over the casino’s money laundering failures. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

‘Chorus of deflections’: ASIC slams Star board’s ‘apathy’ over AML/CTF breaches
Trials 2025-05-12 11:40 pm By Cindy Cameronne

Star Entertainment’s management and board cannot shirk responsibility for turning a blind eye to money laundering risks by pointing the finger at each other, ASIC has told a court.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Class action over risky CFDs wins access to customer screening data
Class Actions 2025-05-12 11:06 pm By Andy Sidler

A class action against CMC Markets has won access to data thought to reveal that approximately 2,500 customers who failed screening tests for risky financial products were nevertheless permitted to trade. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Keybridge CEO Nick Bolton loses challenge to removal by board
Restructuring & Insolvency 2025-05-08 11:33 pm By Andy Sidler

An appeals court has rejected Keybridge CEO Nick Bolton’s challenge to a ruling that found that he and two other directors were validly removed at a board meeting, finding in favour of shareholder WAM Active. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

$64.25M settlement in MLC Super class action on ‘higher end’, court told
Class Actions 2025-04-16 3:19 pm By Andy Sidler

A judge has been asked to approve a $64.25 million settlement in a class action against the trustees of the MLC Super Fund, hearing the settlement, reached just prior to the dismissal of a similar class action, was on the “higher end”. 

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Clorox hit with $8.25M penalty for greenwashing
Greenwashing 2025-04-14 1:48 pm By Cat Fredenburgh

Clorox has been hit with a $8.25 million penalty for representing to consumers that certain GLAD garbage bags were sourced from plastic fished from the ocean.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

High Court to hear designer’s trade mark fight with Katy Perry
Intellectual Property 2025-04-11 11:36 pm By Cat Fredenburgh

The High Court has agreed to hear an Australian fashion designer’s appeal in a long-running trade mark dispute with pop star Katy Perry.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Westpac looks to shield Allens chronologies in AUSTRAC class action
Class Actions 2025-04-09 11:09 pm By Andy Sidler

Westpac is arguing timelines prepared by law firm Allens are privileged and should not be handed over in a shareholder class action over its alleged lax compliance with anti-money laundering laws.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?

Judge won’t toss claims in Fitch Ratings class action
Class Actions 2025-04-03 4:07 pm By Julia Kanapathippillai

Fitch Ratings has lost its bid for summary dismissal of claims in a class action over allegedly rosy ratings for risky derivative financial products issued 17 years ago on the basis that they are time-barred.

Subscribe to Lawyerly to access this article.

Already a subscriber?

Lost your password?