Most Recent
The eyes of class action lawyers will be on the High Court Tuesday as it hears arguments over a judge's power to choose a single class action among competing proceedings and what, if anything, should be made of a case's funding structure and likely returns to group members when picking a winner.
A judge has denied Fuji Xerox's attempt to strike out parts of the defences of Ernst & Young and a former Fuji director in a lawsuit over alleged massive accounting irregularities.
A former Macquarie Bank financial adviser previously banned for life from providing financial services has been hit with criminal charges.
ANZ is gunning for a lawsuit alleging it dismissed a former director of trading after he complained about rate-rigging to be thrown out before trial.
Facing an ASIC enforcement action over alleged breaches of Australian credit laws, payday lenders BHF Solutions and Cigno claim they did not need a licence to issue loans to hundreds of thousands of consumers.
Retail Employees Superannuation has settled a lawsuit brought by an ecological landscaper and activist over its climate change disclosures, acknowledging the need to identify the risks of climate change.
Westpac has reached settlements in two separate US class actions over the bank's trading activity in the bank bill swap rate market and disclosures in relation to its compliance with Australia's anti-money laundering and counter-terrorism financing laws.
A judge has raised doubts about claims of loss and damage in a class action by members of superannuation funds operated by NAB units MLC and NULIS over alleged MySuper mismanagement, as he determines a challenge to whether the case was validly brought as a class action.
A showdown over two competing class actions against AMP is set down for December, and the applicants will have to persuade the judge overseeing the cases that they should not be consolidated.
US cryptocurrency maker Ripple Labs has hit back at an intellectual property lawsuit brought by the Australian company behind the ubiquitous PayID mobile banking system, saying its PayID trade mark is neither substantially identical nor deceptively similar to the Aussie mark.