A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
A former EY partner accused of pocketing $700,000 in secret commissions as part of a tax loss scheme has invoked privilege against exposure to penalty in a client’s suit.
A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client’s authority has been dismissed.
Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.
Thomson Geer has lured an employment law partner and his team from KPMG’s legal services division after the consulting firm announced it was shutting down its commercial law practice.
A judge should be disqualified from hearing a class action against Fletcher Building because of his previous association with the funder, as well as public remarks he made as a plaintiffs’ solicitor, a court has heard.
A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
Medibank has denied breaching privacy rules in response to the regulator’s case over a 2022 cyber attack, but has admitted sensitive data was hacked in part because its network lacked multi-factor authentication.
Westpac’s shuttered home loan unit RAMS may hit back at franchisees’ class action claims by alleging they made misrepresentations and provided fraudulent documents.
Linchpin Capital liquidators have resolved their case against Grant Thornton and Moore Stephens, a year after a court found the evidence on its face established a claim against the auditors.