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EFTPOS provider Tyro wins restraint of trade case against rival Lightspeed
Financial Services 2023-11-17 11:28 pm By Sam Matthews

EFTPOS provider Tyro has won a year-long injunction against an authorised representative that pushed competing payment system Lightspeed on its customers, in breach of a […]

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ASIC can’t temporarily block payday lenders from charging fees
Financial Services 2023-11-16 9:54 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has lost its bid to temporarily restrain payday lenders Cigno and BSF Solutions from enforcing loan fees against 7,000 […]

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‘You’ve got to learn to take yes for an answer’: Judge not inclined to seek Full Court’s view on solicitors CFO
Class Actions 2023-11-15 11:20 pm By Cat Fredenburgh

The judge overseeing a class action against collapsed investment manager Blue Sky has said he would not be inclined to seek clarity from the Full […]

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$110M settlement approved in AMP fees-for-no-service class action
Class Actions 2023-11-14 4:11 pm By Cat Fredenburgh

A judge has signed off on a $110 million settlement in a long-running shareholder class action against AMP over its fees-for-no-service conduct, including $26 million […]

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$16M settlement reached in Dixon Advisory class action
Class Actions 2023-11-14 4:27 pm By Cat Fredenburgh

Wealth manager E&P Financial Group has agreed to a $16 million settlement in a class action brought by Dixon Advisory clients who allege they suffered […]

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Westpac class action settlement gets OK, but funder won’t recoup all ATE insurance
Financial Services 2023-11-13 11:33 pm By Christine Caulfield

A $29.95 million settlement resolving a superannuation class action against two Westpac units has won court approval. The judge overseeing the case has also indicated […]

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AMP accused of unconscionable conduct by financial advisor
Financial Services 2023-11-13 11:55 pm By Cat Fredenburgh

AMP has been taken to court by a former licenced financial advisor who alleges he was terminated without proper and sufficient cause and forced to […]

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Melissa Caddick’s son to keep half of sneaker collection in deal with receivers
Restructuring & Insolvency 2023-11-13 3:10 pm By Cat Fredenburgh

The receivers of Sydney fraudster Melissa Caddick’s estate have reached an agreement with her husband on a small pool of remaining assets in dispute that […]

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ANZ faces shareholder litigation over climate risk management
Financial Services 2023-11-10 2:07 pm By Christine Caulfield

ANZ is facing proceedings by a shareholder who wants the bank to turn over documents related to its risk management systems in response to concerns […]

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HESTA pays fine for misleading performance figures in social media ads
Financial Services 2023-11-10 3:22 pm By Christine Caulfield

Superannuation fund trustee H.E.S.T Australia has paid a $48,600 fine after being slapped with three infringement notices by the corporate regulator over alleged misleading statements […]

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