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Judge slams confidentiality clause in settlement of S&P class actions
Class Actions 2018-07-24 9:33 pm By Miklos Bolza

The judge weighing a record settlement in multiple class actions against S&P Global over toxic financial products said Tuesday there was “no way” he would […]

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AMP says email exchanges with Clayton Utz exaggerated
Class Actions 2018-07-23 11:15 pm By Christine Caulfield

AMP has hit back against claims in the first of multiple class actions it faces, saying its practice of charging fees for no service did […]

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Self-reflective ANZ financial advisor’s life-long ban set aside
Financial Services 2018-07-23 3:42 pm By Cat Fredenburgh

A tribunal has set aside a life-long ban of a successful former ANZ financial advisor accused by ASIC of lying about his qualifications, saying the […]

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Macquarie Bank faces 3rd wage suit by financial advisers
Employment 2018-07-23 9:00 am By Christine Caulfield

Macquarie Bank has been hit with a third lawsuit by financial advisers alleging the bank broke the law by paying them solely in commissions, this […]

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Provident receivers may face objections over PwC merger
Class Actions 2018-07-16 5:45 pm By Cat Fredenburgh

The judge overseeing the administration of Provident Capital has invited debenture holders to object to the company’s receivers staying on after their firm completes its […]

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Fitch Ratings class can add fraud claims after finding hidden evidence
Financial Services 2018-07-13 9:46 pm By Christine Caulfield

The firm running the class action against Fitch Ratings over SCDO products has been given the go ahead to add claims of fraud and deceit […]

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AMP class action lawyers agree to ceasefire in jurisdictional war
Class Actions 2018-07-13 8:47 pm By Christine Caulfield

Lawyers in the turf war over five competing AMP class actions have agreed to a temporary peace accord after the battleground edged close to the […]

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Class action seeks data on individuals that got Cash Converters loans
Class Actions 2018-07-13 12:44 pm By Cat Fredenburgh

Cash Converters has been asked to produce data on individuals that it provided payday loans to in Queensland in a class action alleging it charged […]

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Lawyer fooled by conman Peter Foster’s “psychological brilliance”, court hears
Class Actions 2018-07-12 10:45 pm By Miklos Bolza

A Sydney lawyer accused in a class action of conspiring with notorious conman Peter Foster in a fraudulent sports betting scheme that left investors $29 […]

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Funder slashed rates to secure $132.5M QBE settlement, judge says
Class Actions 2018-07-11 11:32 pm By Cat Fredenburgh

The litigation funder behind the Federal Court’s precedential ruling that established the first common fund order in an Australian class action agreed to cuts its […]

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