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AMP appeals financial advisers’ win in BOLR class action
Appeals 2023-09-27 11:06 pm By Christine Caulfield

AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the […]

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GM looks to dodge class action costs after settling with lead plaintiff
Automotive 2023-09-20 11:40 pm By Sam Matthews

General Motors could be stuck paying more costs than it bargained for after it settled with the lead plaintiff in a class action over a […]

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Holden dealers reject GM’s bleak alternate reality in class action
Class Actions 2023-09-13 11:03 pm By Christine Caulfield

Holden dealers in a class action over GM’s decision to retire the brand in March 2020 have taken issue with the car maker’s counterfactual in […]

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Lead plaintiff in class action settles claim against General Motors
Class Actions 2023-08-02 10:04 pm By Sam Matthews

The lead plaintiff in a class action by dealers over a decision to retire the Holden brand has settled its claim with General Motors, but […]

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GM says supply of Holden’s best-selling cars would have dried up anyway
Class Actions 2023-08-01 11:33 pm By Christine Caulfield

Defending a class action by dealers over a decision to retire Holden, General Motors argues it would have been forced to close the unprofitable plant […]

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Arrium class action’s potential loss of contingency fee irrelevant to transfer fight, KPMG says
Class Actions 2023-07-27 5:06 pm By Christine Caulfield

The possibility that a NSW judge will revoke a contingency fee order made in a class action over Arrium’s collapse is irrelevant to whether the […]

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AMP financial advisers win class action over BOLR policy changes
Financial Services 2023-07-05 11:08 am By Cindy Cameronne

The lead applicant in a class action against AMP Financial Planning on behalf of 542 advisers has won $813,000 in damages after a judge found […]

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Dealers in GM class action accepted support agreements, court told
Class Actions 2023-03-31 10:56 pm By Cat Fredenburgh

Car dealers that brought a class action against General Motors over its decision to retire the Holden brand in Australia are refuting the car maker’s […]

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‘Surprising and concerning’: AMP hit with $14.5M penalty in fees for no service case
Financial Services 2022-09-20 11:00 pm By Cindy Cameronne

A judge has imposed a $14.5 million penalty on five AMP entities, saying it was “surprising and concerning” that the wealth manager deducted $356,000 from […]

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‘No real contrition’: ASIC seeks $17.5M penalty against AMP in fees for no service case
Financial Services 2022-08-29 9:00 pm By Sam Matthews

ASIC has told a judge AMP should face a $17.5 million penalty for deducting $356,000 from customers’ superannuation accounts for advice they never received, saying […]

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