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CBA accused of denying workers rest breaks in $45M wage theft lawsuit
Employment 2022-01-21 6:31 pm By Bianca Hrovat

The Commonwealth Bank of Australia has been hit with a $45 million lawsuit by the Finance Sector Union for allegedly failing to provide thousands of […]

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Class action against NAB over Walton Construction collapse back on track
Class Actions 2022-01-20 4:03 pm By Christine Caulfield

National Australia Bank has been served with a $78 million class action over the collapse of Walton Construction, three months after the case was stalled for funding complications.

Dixon Advisory files for administration, blaming class actions
Restructuring & Insolvency 2022-01-19 10:40 am By Cat Fredenburgh

Embattled wealth advisor Dixon Advisory has filed for administration, saying its potential liability in two class actions and a $7.2 million penalty agreed to in […]

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Insurers win $3.2M lawsuit over COVID-related cancellation of Big Red Bash festival
Coronavirus 2022-01-19 9:29 pm By Bianca Hrovat

Insurers have triumphed in a lawsuit over coverage for the $3.2 million cancellation of the Big Red Bash outback music festival during the first wave […]

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Switzer sues ex-adviser, Walker Wayland over ‘defamatory’ email to client
Financial Services 2022-01-18 3:58 pm By Cindy Cameronne

Switzer Financial Group has sued a former senior adviser, claiming he sent a defamatory email to a client accusing the firm — run by financial […]

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Sophie Grace hits back at $15.4M lawsuit over Gallop International collapse
Professional Negligence 2022-01-17 6:14 pm By Cindy Cameronne

Compliance and legal specialist Sophie Grace has rejected allegations it was responsible for defunct forex trader Gallop International Group’s collapse after it allegedly loaned $15.4 […]

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Bill Papas’ cousin denies Westpac claims over $720,000 payment
White Collar 2022-01-13 6:46 pm By Cindy Cameronne

Forum Finance director Bill Papas’ cousin has hit back at Westpac’s allegations he wrongfully received $720,000 from the alleged fraudster in violation of freezing orders […]

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Arrium lenders hit with extra costs after rejecting $10M settlement offers
Restructuring & Insolvency 2022-01-07 11:27 am By Bianca Hrovat

A group of banks that failed to prove steel giant Arrium falsified representations on loan drawdown notices ahead of its $2.8 billion collapse have been […]

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Statewide Super fined $4M for charging members for non-existent insurance
Financial Services 2022-01-07 10:15 pm By Bianca Hrovat

Superannuation provider Statewide Super has been ordered to pay a $4 million penalty for an administrative error that saw around 12,500 fund members charged for […]

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Fairfax, reporter hit with $400,000 judgment over ‘derogatory and disparaging’ AFR articles
Defamation 2022-01-07 10:09 pm By Bianca Hrovat

A Fairfax journalist and his employer have been ordered to pay $400,000 for making “baseless” accusations of fraud and unethical market manipulation against the co-founder […]

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