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Maurice Blackburn ignored Fearless Girl artist’s restrictions on replica, State Street says
Intellectual Property 2019-11-25 9:29 pm By Christine Caulfield

Maurice Blackburn disregarded emails by the artist behind the iconic Fearless Girl statue questioning whether she would be breaching her contract with US asset management […]

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‘Orwellian doublespeak’: Judge lashes Dover Financial’s client protection policy
ASIC 2019-11-22 11:10 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has won its case against defunct financial advisor Dover Financial and its former director, who famously collapsed during the […]

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ANZ, Westpac to face class actions over ‘junk’ insurance
Class Actions 2019-11-22 8:44 am By Cat Fredenburgh

Slater and Gordon is planning class actions against ANZ and Westpac over allegedly worthless insurance, fresh off of winning a $49.5 million settlement in a […]

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Full Federal Court gets chance to weigh in on market-based causation
Appeals 2019-11-21 4:16 pm By Cat Fredenburgh

Shareholders have appealed a ruling that found a “serious problem” with market-based causation and dismissed three cases against the liquidator of failed global financial services […]

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NAB reaches $49.5M settlement in ‘junk’ insurance class action
Class Actions 2019-11-20 4:51 pm By Miklos Bolza

The National Australia Bank and insurer MLC have agreed to pay $49.5 million to settle a class action over allegedly worthless credit card insurance. The […]

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AUSTRAC sues Westpac for ‘systemic’ money laundering failures
Financial Services 2019-11-20 10:30 am By Cat Fredenburgh

Westpac has been hit with a lawsuit by AUSTRAC for its alleged “systemic” failure to comply with anti-money laundering and counter terrorism finance laws. The […]

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NAB manager sentenced over home loan fraud
Financial Services 2019-11-19 9:41 pm By Cat Fredenburgh

A former National Australia Bank branch manager has been sentenced to a year of home detention for engaging in fraud in relation to the bank’s […]

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Ex-Clime Capital exec says he was sacked for complaints about conflicts
Employment 2019-11-19 8:39 pm By Miklos Bolza

Wealth management company Clime Capital and its CEO have been sued by a former chief investment officer who claims he was fired after complaining about […]

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CBA unit pleads guilty to 87 charges over insurance hawking
Insurance 2019-11-19 10:36 am By Miklos Bolza

The Commonwealth Bank of Australia’s insurance division, CommInsure, has pleaded guilty to 87 criminal charges that it hawked life insurance products in unsolicited telephone calls, […]

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NAB admits to violating Credit Act with ‘Introducer’ program
Financial Services 2019-11-18 11:40 pm By Cat Fredenburgh

The National Australia Bank has admitted to most of the violations alleged in the Australian Securities and Investments Commission’s case over the bank’s $24 billion […]

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