The National Australia Bank has denied claims by a former senior employee that she was bullied and paid less than other workers because of her gender, saying a manager did not brandish a baseball bat in a threatening way but merely carried it around as a ‘fidget toy’.
National Australia Bank has avoided enforcement action and entered into an undertaking with AUSTRAC to settle an investigation into compliance with anti-money laundering and counter-terrorism financing laws.
NAB is facing a human rights suit from a senior employee who alleges she was subject to years of discrimination because of her race, gender and French nationality and bullying, including having a baseball bat brandished at her.
A judge hearing a superannuation class action against NAB unit NULIS Nominees will not determine the correct approach for calculating damages at an initial trial scheduled for later this year.
The lead applicant in a superannuation class action against two IOOF units has successfully appealed a decision that barred the case from proceeding under a carveout in Victoria’s Supreme Court Act forbidding class actions involving trust property.
National Australia Bank and HSBC should be “jointly and severally liable” to pay a portion of the costs of a failed case brought by Dick Smith’s receivers against the company’s former directors because the banks stood to gain financially if the lawsuit was successful, the NSW Supreme Court has heard.
The Finance Sector Union is preparing a lawsuit against the National Australia Bank, claiming the bank has pressured its employees to work “unreasonable” hours and underpaid its staff.
The applicant in a class action against NAB superannuation trustee NULIS has lost his bid to have a judge determine aggregate damages at an initial trial.
The Australian Competition and Consumer Commission has given the green light to the National Australia Bank’s proposed $1.2 billion acquisition of Citigroup’s Australian consumer business, finding the deal is not likely to substantially lessen competition.
The criminal case brought by Victoria’s new employment watchdog against the NAB should take precedence over the bank’s case, which challenges the Wage Inspectorate’s interpretation of the Fair Work Act and has now dragged NSW into the fray, a court has heard.