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Melissa Caddick’s son to keep half of sneaker collection in deal with receivers
Restructuring & Insolvency 2023-11-13 3:10 pm By Cat Fredenburgh

The receivers of Sydney fraudster Melissa Caddick’s estate have reached an agreement with her husband on a small pool of remaining assets in dispute that […]

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ANZ faces shareholder litigation over climate risk management
Financial Services 2023-11-10 2:07 pm By Christine Caulfield

ANZ is facing proceedings by a shareholder who wants the bank to turn over documents related to its risk management systems in response to concerns […]

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HESTA pays fine for misleading performance figures in social media ads
Financial Services 2023-11-10 3:22 pm By Christine Caulfield

Superannuation fund trustee H.E.S.T Australia has paid a $48,600 fine after being slapped with three infringement notices by the corporate regulator over alleged misleading statements […]

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AusSuper admits account merger failings in ASIC case
Superannuation 2023-11-08 11:17 pm By Cat Fredenburgh

AustralianSuper has admitted that it contravened superannuation regulations when it failed to merge the accounts of members who had multiple accounts, but says it has […]

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ASIC sues TelstraSuper in first case over dispute resolution rules
Financial Services 2023-11-06 12:40 pm By Sam Matthews

The Australian Securities and Investments Commission has filed its first-ever case over internal dispute resolution regulations, targeting TelstraSuper over its handling of customer complaints. In […]

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PwC sued for $32M over Pioneer Credit accounting advice
Financial Services 2023-10-31 11:41 pm By Cat Fredenburgh

Financial services provider Pioneer Credit has taken auditor PwC to court, claiming $32 million in loss and damages over its advice on how the company […]

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Mawhinney’s defamation case against ASIC put on hold
Defamation 2023-10-31 11:44 pm By Cat Fredenburgh

Trial in a defamation suit by Mayfair 101 founder James Mawhinney over a media release issued by ASIC has been pushed off until the outcome […]

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Paypal can’t patent AI-powered user recommendations, IP Australia says
Intellectual Property 2023-10-30 3:30 pm By Sam Matthews

An IP Australia has knocked back PayPal’s bid to patent an AI-powered model for making purchase or donation recommendations to online shoppers at checkout, rejecting […]

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Firms linked to banned businessman face charges after ASIC probe
Financial Services 2023-10-30 11:38 pm By Christine Caulfield

Charges have been laid against two financial services companies associated with investment promoter David Henty Sutton, who was slapped with a lifetime ban by the […]

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Dixon Advisory director wants to shield law firm’s advice in ASIC case
Restructuring & Insolvency 2023-10-27 1:32 pm By Sam Matthews

Former Dixon Advisory director Paul Ryan will ask the court for a suppression order protecting advice by a Big Six firm, as he defends ASIC’s […]

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