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Employees should be entitled to damages for missed super payments, Maurice Blackburn says
ASIC January 17, 2020 6:59 pm By Miklos Bolza

A new superannuation bill working its way through the Federal Parliament should include a right of action for employees to seek damages against businesses that […]

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RMBL to pay $3M to settle class action
Class Actions January 14, 2020 12:29 pm By Cat Fredenburgh

Mortgage lending and investment company RMBL has agreed to pay $3 million to settle a class action alleging it charged excessive fees on loans and […]

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IOOF unit’s appeal targets Sparke Helmore
Legal Ethics January 13, 2020 4:48 pm By Miklos Bolza

An IOOF subsidiary has appealed a $76.6 million judgment finding it breached its duty in relation to the sale of a 46,000 hectare plantation by […]

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NAB to face $750M in fines from AUSTRAC and ASIC actions, analysts predict
Financial Services January 10, 2020 2:04 pm By Miklos Bolza

National Australia Bank will be hit this year with an estimated $750 million in fines stemming from its fees for no service conduct and potential […]

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Jury finds Kleenmaid founder guilty of $13M fraud against Westpac
White Collar January 10, 2020 10:43 pm By Christine Caulfield

The founder of defunct whitegoods distributor Kleenmaid faces jail time after a jury on Friday found him guilty of 19 charges of fraud and insolvent […]

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High Court’s Chorley ruling dooms Tucker & Cowen partner’s costs bid
Business of Law January 10, 2020 11:30 am By Miklos Bolza

A court has slashed the costs awarded to a Tucker & Cowen name partner in a lawsuit brought by the liquidators of failed fund manager […]

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Judge OKs $29M settlement in Radio Rentals class action
Class Actions January 9, 2020 1:12 pm By Christine Caulfield

A judge has given his seal of approval to a $29 million settlement that resolves a class action over Radio Rentals’ Rent, Try, $1 Buy […]

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Liquidators of failed broker Berndale Capital want to grill former execs
Restructuring & Insolvency January 9, 2020 7:58 pm By Christine Caulfield

The liquidators of Melbourne-based forex trader Berndale Capital have filed examination proceedings in the Federal Court seeking to question the company’s former CEO and its […]

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ASIC takes Volkswagen to court for alleged car loan breaches
Financial Services December 20, 2019 10:23 pm By Christine Caulfield

Not bowed by its defeat against Westpac in a case over alleged responsible lending breaches, the Australian Securities and Investments Commission has brought action against […]

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Dover can seek access to ASIC files in bid to prove ‘Orwellian’ client protection policy harmed no one
Financial Services December 20, 2019 11:04 pm By Christine Caulfield

Defunct Dover Financial, which faces a penalty hearing next year after it was found to have misled customers with an inaptly titled ‘client protection policy’, […]

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