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AMP shareholders on surer legal footing in Federal Court, judge told
Class Actions August 10, 2018 10:07 pm By Christine Caulfield

The Federal Court offers group members in the shareholder class actions against AMP a major legal advantage over the NSW Supreme Court, lawyers for the […]

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AMP sets aside $290M for customer compensation
Financial Services July 27, 2018 5:18 pm By Miklos Bolza

Embattled financial giant AMP has moved to regain customer trust, allocating $290 million to compensate customers going back 10 years, the company told shareholders Friday. […]

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Self-reflective ANZ financial advisor’s life-long ban set aside
Financial Services July 23, 2018 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 July 23, 2018 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 July 16, 2018 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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Funder slashed rates to secure $132.5M QBE settlement, judge says
Class Actions July 11, 2018 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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ASIC to embed corporate cops in big four banks
Financial Services August 7, 2018 2:02 pm By Cat Fredenburgh

The Australian Securities and Investments Commission will get a $70.1  million boost to fight corporate wrongdoing as part of a funding package that includes a […]

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Slater & Gordon auditor faces second class action
Securities August 3, 2018 10:57 pm By Cat Fredenburgh

Former Slater & Gordon auditor Pitcher Partners has been hit with a class action alleging it signed off on an overly rosy 2015 year-end financial […]

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Class action seeks data on individuals that got Cash Converters loans
Class Actions July 13, 2018 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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ASIC asks Westpac: What happened to Colin ‘the Rat’ Roden?
Financial Services July 9, 2018 11:07 pm By Christine Caulfield

The Australian Securities and Investments Commission wants documents from Westpac Banking Corp. detailing how it disciplined rogue traders, including Colin ‘the Rat’ Roden, at the […]

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