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Lauded King & Wood Mallesons managing partner appointed Macquarie GC
Financial Services 2021-10-29 3:26 pm By Bianca Hrovat

The Australian managing partner of King & Wood Mallesons, Evie Bruce, is set to join Macquarie Group as its next group general counsel and head […]

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PwC can’t shut down class action against over $50M bond prospectus
Accounting 2021-08-09 8:57 pm By Cindy Cameronne

PricewaterhouseCoopers has lost its bid to shut down a class action launched by bondholders of collapsed asset finance lender Axsesstoday Limited over alleged misrepresentations in […]

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Banks fork over $1.86B to repay customers for bad behaviour
Financial Services 2021-08-05 10:05 pm By Sam Matthews

Six of Australia’s biggest financial services firms have paid or offered to pay a total of $1.86 billion to customers who were wrongly charged fees […]

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Court urged to reject law firm’s contingency fee bid in ANZ, Westpac class actions
Class Actions 2021-06-03 10:25 pm By Miklos Bolza

A Victoria Supreme Court judge weighing for the first time an application by a law firm for a percentage cut of recoveries in class actions […]

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Nuix class action investigation targets Macquarie, PwC
Class Actions 2021-05-20 9:52 pm By Cat Fredenburgh

Commercial and class action firm Banton Group is investigating a shareholder class action against embattled technology company Nuix in relation to its pre-IPO disclosures which […]

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Law firm investigating class action against Nuix over IPO
ASIC 2021-05-19 10:49 pm By Cat Fredenburgh

Phi Finney McDonald is investigating a class action against technology company Nuix over its $2.5 billion float, following troubling reports about the Macquarie-backed company’s pre-IPO […]

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Judge to hear first application for group costs order in ANZ, Westpac class actions
Class Actions 2021-02-24 6:24 pm By Spencer Fowler Steen

The first ever application for a group costs order will be heard in class actions against ANZ and Westpac, and the judge weighing the application […]

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Class action seeks to expand claims against PwC over Axsesstoday accounting lapses
Accounting 2021-02-04 3:27 pm By Spencer Fowler Steen

Bondholders of Axsesstoday are seeking to expand their claims in a class action against the collapsed asset finance lender and its accountant PricewaterhouseCoopers, alleging PwC […]

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Macquarie’s ‘defective’ payment system should have rung alarm bells, judge says
Employment 2021-01-14 5:33 pm By Spencer Fowler Steen

Macquarie Bank has been ordered to fork out $330,000 to dozens of former advisers for a “defective and deficient” system which saw the bank fail […]

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Macquarie Bank on the hook for paying advisers leave entitlements
Employment 2020-10-02 10:40 pm By Christine Caulfield

Former Macquarie Bank financial advisers who claimed their commission pay structure left them shortchanged have won their case for back pay for annual and personal […]

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