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Legitimacy of barristers’ $2.65M Banksia class action bill in question, court told
Class Actions April 20, 2020 2:42 pm By Miklos Bolza

Two barristers facing professional misconduct allegations in relation to the Banksia securities class action submitted more than $2.65 million in legal bills without documentation more […]

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High Court takes up challenge to AMP class action beauty parade
Appeals April 17, 2020 2:15 pm By Christine Caulfield

The High Court has agreed to weigh in on a decision last year to pick Maurice Blackburn’s case as the winner of a beauty parade […]

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Dover Financial sues lawyers for negligence over advice on client protection policy
Financial Services April 17, 2020 5:19 pm By Christine Caulfield

Defunct financial adviser Dover Financial has sued three separate law firms for allegedly negligent advice over a ‘client protection policy’ that the Federal Court found […]

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Westpac class action denied AUSTRAC docs while multiplicity issue unresolved
Class Actions April 17, 2020 3:40 pm By Alison Eveleigh

The second of two class actions brought against Westpac over alleged anti-money laundering breaches has been denied discovery of what the bank claims are commercially […]

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ISignthis fights to keep lid on ‘damaging’ ASX findings
Securities April 16, 2020 8:36 pm By Alison Eveleigh

Publication of a document outlining the Australian Stock Exchange’s reasons for suspending the shares of ISignthis would be ‘damaging’ to the fintech company and should […]

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Payday lender Cigno faces possible predatory lending class action
Class Actions April 16, 2020 2:53 pm By Cat Fredenburgh

Cigno is facing a possible class action over alleged predatory lending practices that were banned by the Australian Securities and Investments Commission last year, one […]

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ASIC wins injunction against Mayfair 101 promotion language
Financial Services April 16, 2020 5:09 pm By Miklos Bolza

A judge has issued a temporary injunction limiting how Mayfair 101 can promote two of its investment products, in proceedings brought by ASIC accusing the […]

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ASIC targets insurer Youi for taking two years to settle hail damage claim
Insurance April 16, 2020 3:38 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has taken action on another banking royal commission case study, filing court proceedings against insurer Youi for allegedly taking […]

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Payday lender Cigno loses challenge to ASIC ban on short-term credit lending
Financial Services April 15, 2020 3:20 pm By Christine Caulfield

Payday lender Cigno has lost a challenge to the corporate regulator’s first action under powers to prohibit ‘predatory’ financial products that targeted its model of […]

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Former AMP general counsel says document claim ‘tantamount to extortion’
Employment April 8, 2020 1:48 pm By Miklos Bolza

A former general counsel who claims she was sacked from AMP after raising concerns about its fees for no services conduct has struck back at […]

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