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Tyro settles class action over EFTPOS outage
Class Actions 2023-02-17 10:40 pm By Cat Fredenburgh

Fintech Tyro has agreed to settle a class action brought by retailers who were unable to process payments during a days-long EFTPOS outage in January […]

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Macquarie advisers stripped of $330,000 win as 5-year-old case sent back
Financial Services 2023-02-17 4:56 pm By Sam Matthews

Dozens of Macquarie advisers who previously won a $330,000 payday against the bank have been ordered back to court for a rehearing of their long-running […]

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Hall & Wilcox poaches finance partner from Baker McKenzie
People In The News 2023-02-16 1:30 pm By Sam Matthews

Hall & Wilcox has lured a Baker & McKenzie veteran and renewables specialist to lead its Sydney finance practice. Finance lawyer David Cooper joins Hall […]

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Pitcher Partners loses bid to stay suit over Zap Fitness buy-back
Financial Services 2023-02-15 2:40 pm By Sam Matthews

Pitcher Partners has failed to stay a Federal Court suit alleging the accounting firm failed to properly advise former Zap Fitness owner Bective Enterprises on […]

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ASIC to keep up scrutiny of crypto assets, greenwashing in 2023
ASIC 2023-02-15 5:23 pm By Cindy Cameronne

The Australian Securities and Investments Commission’s has detailed its enforcement priorities for 2023, which include a continued focus on predatory lending, crypto assets and greenwashing. […]

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ASIC slaps advisor with permanent ban after superannuation fraud
Financial Services 2023-02-13 4:25 pm By Cindy Cameronne

The Australian Securities and Investments Commission has handed a permanent ban to a former financial advisor who pleaded guilty to taking $35,000 from his First […]

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Vannin Capital wins $44.5M judgment against Clive Palmer companies
Contracts 2023-02-10 10:48 pm By Cat Fredenburgh

Clive Palmer’s Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting […]

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Shaw & Partners advisors barred from contacting Fortrend clients
Financial Services 2023-02-09 4:23 pm By Cindy Cameronne

Stock broker Fortrend Securities has secured an order prohibiting two former advisors from contacting their old clients while they litigate a dispute alleging the advisors […]

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‘Porsches, Lamborghinis and racehorses’: Court hears details of alleged $400M Forum Finance fraud
White Collar 2023-02-06 5:41 pm By Sam Matthews

Westpac has told a court that it is “inconceivable” that Forum Finance directors Bill Papas and Vince Tesoriero and funded their lavish lifestyles legitimately, as […]

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ASIC says James Mawhinney’s defamation case doesn’t clear ‘serious harm’ bar
Defamation 2023-02-06 4:57 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has hit back at a defamation suit by Mayfair 101 founder James Mawhinney over a media release, saying it […]

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