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Financial complaints board takes shape
Competition & Consumer Protection May 2, 2018 4:36 pm By Cat Fredenburgh

The Australian Financial Complaints Authority is gearing up for a launch later this year, with four new board members announced this week. The Hon Kelley […]

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Ex-Storm Financial execs appeal penalty
Securities April 27, 2018 10:19 pm By Cat Fredenburgh

The former directors of defunct financial advisory firm Storm Financial have filed an appeal after the Federal Court slapped them each with a $70,000 fine […]

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Judge cuts Squire Patton, Piper Alderman fees in $19M Arasor deal
Securities April 18, 2018 11:37 pm By Cat Fredenburgh

A judge has signed off on a $19.25 million settlement in a shareholder class action brought against directors of defunct laser technology company Arasor International […]

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Judge OKs class settlement with Wickham Securities’ trustee
Securities April 18, 2018 10:58 pm By Christine Caulfield

A judge has signed off on a multi-million dollar settlement in a class action by retirees who claim they lost $27 million with the collapse […]

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At S&P class action trial, city treasurer accused of being ‘careless’
Class Actions April 14, 2018 1:38 pm By Miklos Bolza

A former treasurer for Coffs Harbour City Council was “careless” for not analysing the financial products he invested millions of dollars of the city’s funds […]

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Judge slams class action fee assessors
Class Actions April 3, 2018 11:52 pm By Cat Fredenburgh

A Federal Court judge has questioned the independence of for-hire fee assessors in class actions, calling their opinions on legal costs “next to useless”. In […]

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Cardtronics settles with ACCC over small business contracts
Financial Services March 27, 2018 4:07 pm By Cat Fredenburgh

ATM provider Cardtronics has agreed to change its small business contract, after the Australia’s consumer regulator found some of the terms of the contract were […]

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DibbsBarker to close up shop following Dentons deal
Business of Law March 22, 2018 10:11 pm By Christine Caulfield

DibbsBarker is closing its doors after signing a deal that will see 17 partners and support staff move to Dentons, the world’s largest firm. The […]

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ACCC ready to tackle competition in finance sector
Financial Services February 28, 2018 2:09 pm By Cat Fredenburgh

The Australian Competition and Consumer Commission said it is well positioned to investigate competition in the financial sector, in response to a recent report calling […]

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Australian litigation funder values caseload at $4.7B
Class Actions February 26, 2018 2:38 pm By Christine Caulfield

It might be in the glare of a government inquiry, but business is booming for Australian litigation backer IMF Bentham, which says its estimated caseload […]

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