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A former high ranking executive from National Australia Bank has been sentenced to eight years in prison for receiving bribes in the form of inflated invoices to the tune of around $5.5 million.
Venture capitalist Dr Elaine Stead has been awarded $280,000 in her defamation case against the Nine-owned Australian Financial Review after the Federal Court found she suffered hurt and damage to her reputation through a "targeted campaign of offensive mockery" about her role in collapsed investment firm Blue Sky Alternative Investments.
A $25 million settlement has been reached in three long-running shareholder class actions over the collapse of electronics retailer Dick Smith, under which the funders that backed the litigation will not recover their costs and shareholders recoveries will be small.
A unit of Standard Chartered Bank has prevailed in a securities spat with Energy World Corporation, which has been ordered to approve a $64.4 million note transfer and pay $42.2 million to the Singapore-based bank.
NAB has succeeded in blocking accused scammer Helen Rosamond and her executive services company Human Group from varying a freezing order in a case over an alleged $51 million fraudulent scheme so that she can pay her legal bills and living expenses.
Sydney businesswoman Melissa Caddick, who went missing a day after police raided her home two months ago as part of a fraud investigation, is believed to be alive, according to police.
The Commonwealth Bank of Australia has been sued for conspiracy to misuse private information and bank account details in an unfair dismissal case brought by the director and former employee of a Melbourne financial services provider.
A former portfolio manager of IOOF has sued the firm for discrimination and breaches of the Fair Work Act, alleging she was groped on the breasts by a high ranking senior executive on her wedding day.
The Fair Work Commission has found a Bank of Queensland manager was unfairly dismissed despite making a "careless" mistake which led to a fraudster nabbing nearly $40,000 of a customer's money.
Macquarie Bank has been ordered to fork out $330,000 to dozens of former advisers for a "defective and deficient" system which saw the bank fail to pay a raft of employment entitlements.