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ANZ appeals disclosure breach finding over $2.5B share placement
Financial Services 2023-12-14 4:58 pm By Christine Caulfield

ANZ will appeal a ruling that it breached its continuous disclosure obligations when it failed to inform the ASX of a bailout by the underwriters […]

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ANZ hit with $900,000 penalty for share placement disclosure failures
Securities 2023-12-08 3:38 pm By Christine Caulfield

ANZ’s failure to disclose a bailout by banks underwriting a $2.5 billion share placement has resulted in a penalty of less than $1 million, ending […]

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New crop of Victorian silks appointed by top judge
Business of Law 2023-10-18 6:22 pm By Sam Matthews

Several class action counsel and an IP expert are among twenty-five new silks appointed in Victoria. On Wednesday, Victorian Bar president Sam Hay KC welcomed […]

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ANZ breached continuous disclosure rules during $2.5B share placement, court finds
Securities 2023-10-13 5:08 pm By Cindy Cameronne

A judge has handed down a landmark decision finding ANZ breached continuous disclosure rules by failing to disclose a $750 million bailout by underwriters Deutsche […]

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No basis for emissions defeat claims in class action, Toyota says
Class Actions 2023-07-07 4:15 pm By Gareth Baker

Toyota has denied allegations it fitted up to 500,000 diesel vehicles with engine devices designed to scam emissions tests, in a class action that could […]

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Fonterra class action firm battles for $5.4M fees
Class Actions 2023-06-23 11:53 pm By Sam Matthews

The law firm that secured a $25 million settlement in a class action against dairy co-op Fonterra is fighting to recoup $5.4 million in legal […]

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ANZ, Citigroup execs defend book coverage despite receding demand in $2.5B capital raising
Trials 2023-04-27 11:57 pm By Sam Matthews

Two executives involved in ANZā€™s $2.5 billion equity capital raising have stood by arguments that the book was covered when the bankā€™s underwriters took up […]

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‘The book was covered’: ANZ fights ‘entirely novel’ ASIC case over $2.5B share placement
Trials 2023-04-26 11:18 pm By Sam Matthews

ANZ has told a court it had no obligation to disclose a $750M bailout by the underwriters of a $2.5B equity capital raising in 2015, […]

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ANZ exec ‘deeply concerned’ about $2.5B share placement shortfall, court hears
Trials 2023-04-24 10:03 pm By Sam Matthews

A senior ANZ executive was ā€œdeeply concernedā€ by the size of the shortfall in its $2.5 billion 2015 equity capital raising, the court heard on […]

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Funderā€™s $7M cut in Fonterra class action up in the air amid CFO uncertainty
Class Actions 2023-02-28 8:47 pm By Sam Matthews

A judge has indicated his willingness to approve a $25 million settlement in a class action against dairy co-op Fonterra, but deferred the question of […]

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