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AMP appeals financial advisers’ win in BOLR class action
Appeals 2023-09-27 11:06 pm By Christine Caulfield

AMP has appealed its loss in a class action over changes to its buyer of last resort policy, under which the wealth manager slashed the […]

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Latitude customer seeks to join tech giants to $1M suit over data breach
Privacy & Cybersecurity 2023-09-27 10:52 pm By Cindy Cameronne

A customer of non-bank lender Latitude Financial has filed a bid to join tech giants DXC Technology and Crowdstrike to her lawsuit claiming over $1 […]

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ANZ cops $15M penalty in ASIC case over cash advance fees
Financial Services 2023-09-26 10:27 am By Cindy Cameronne

A judge has ordered ANZ to pay a $15 million agreed penalty in a case over more than $10 million in cash advance fees charged […]

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Findex wins appeal in ‘tortured’ dispute with financial advisor
Financial Services 2023-10-03 3:10 pm By Cindy Cameronne

Wealth management firm Findex can add new claims for damages in its long-running dispute with a former financial advisor who allegedly sent disparaging emails to […]

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NAB ordered to pay ‘woefully insufficient’ penalty in ASIC fee case
Financial Services 2023-09-22 10:02 am By Cindy Cameronne

A judge has ordered National Australia Bank to pay just one-fifth the $10 million penalty proposed by ASIC for overcharging customer fees, taking aim at […]

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ASIC takes Kraken crypto exchange operator to court
Cryptocurrency 2023-09-21 1:29 pm By Christine Caulfield

The corporate regulator has brought proceedings against the Australian provider of the Kraken crypto exchange, alleging it breached design and distribution obligations for a margin […]

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New class action targets online trader Plus500 over CFDs
Class Actions 2023-09-19 11:48 pm By Christine Caulfield

Another online trader has been hit with a class action by inexperienced investors who lost money while trading in risky derivatives slammed as little more […]

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Ex-NAB general manager worked 72-hour weeks, lawsuit says
Financial Services 2023-09-18 10:09 pm By Cindy Cameronne

The National Australia Bank has been hit with a lawsuit by a former general manager, who alleges the bank forced him to work unreasonable additional […]

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Judge OKs $50M settlement, $2.5M Deloitte fee in CBA class action
Class Actions 2023-09-15 10:45 pm By Sam Matthews

A judge has approved a $50 million settlement in a class action against the Commonwealth Bank over allegedly worthless consumer credit insurance after his concerns […]

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Zip offered Firstmac $4M to settle trade mark suit
Intellectual Property 2023-09-13 1:52 pm By Cindy Cameronne

Buy now, pay later company Zip Co offered $4 million to settle a lawsuit by mortgage provider Firstmac alleging infringement of its ‘Zip’ trade mark […]

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