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APRA won’t appeal loss in IOOF case
Financial Services October 17, 2019 5:08 pm By Cat Fredenburgh

The Australian Prudential Regulation Authority will not challenge a Federal Court ruling that dismissed its case against fund manager IOOF as “unpersuasive”, “fundamentally inadequate” and […]

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Judge slams APRA case against IOOF as ‘fundamentally inadequate’ and ‘tenuous in the extreme’
Financial Services September 20, 2019 10:04 am By Amelia Birnie

APRA’s purely documentary case against troubled fund manager IOOF has been dismissed by the Federal Court as “unpersuasive”, “fundamentally inadequate” and “tenuous in the extreme”, […]

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APRA defends decision to bring failed IOOF case
Financial Services September 20, 2019 8:03 pm By Amelia Birnie

The prudential regulator is standing by its decision to bring proceedings against IOOF for alleged breaches of superannuation duties, despite criticism that such a “highly […]

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Judgment looms for IOOF execs in APRA’s disqualification case
Financial Services September 17, 2019 11:53 am By Christine Caulfield

Five IOOF executives will learn their fate this week when a judge rules on a disqualification bid by the prudential regulator, the first judgment to […]

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VW settles landmark dieselgate class actions for up to $127M
Class Actions September 16, 2019 10:28 am By Amelia Birnie

After four years of litigation, the Volkswagen diesel emissions class actions have reached an in-principle settlement of up to $127.1 million, with affected consumers expected […]

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Bannister Law told to pipe down from ‘back of the bus’ in VW dieselgate class actions settlement
Class Actions September 16, 2019 10:15 pm By Amelia Birnie

Boutique class action firm Bannister Law has been told “not to make too much noise” from its spot at “the back of the bus” in […]

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‘That’s something that happens in Victoria’: NSW judge hesitant to reallocate VW class actions settlement approval
Class Actions September 16, 2019 10:22 pm By Amelia Birnie

The judge overseeing multiple class actions against Volkswagen over its dieselgate emissions scandal has said he will “need persuading” before reallocating the settlement approval to […]

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Lottoland hits the jackpot in ACMA betting challenge
Media August 19, 2019 5:40 pm By Amelia Birnie

The CEO of Lottoland says the company has “finally been vindicated” by a court ruling that overturned a decision by the Australian Communications and Media […]

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$6M Bank of Queensland class action settlement one claim under insurance policy, appeals court says
Insurance August 6, 2019 9:19 pm By Miklos Bolza

An appeals court has found insurers AIG Australia and Catlin Australia have to cover part of a $6 million settlement agreed to by Bank of […]

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Judge rejects ‘arguably excessive’ funder’s commission in KPMG class action
Class Actions July 31, 2019 11:52 am By Miklos Bolza

A judge has rejected a proposed common fund order in the settled KPMG class action, saying the funder’s commission was “arguably excessive” and could result […]

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