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Failed CBA class actions want to stay fight over costs
Two failed shareholder class actions against the Commonwealth Bank of Australia want to delay paying the bank's costs until after their 62-ground appeal is heard.
REST’s reliance on law firms’ advice a winning defence in ASIC case
A judge has tossed ASIC's case against REST over alleged misleading representations, finding the representations were statements of opinion reasonably held based on the advice of lawyers.
Keystone administrators win $100M freezing order against developer
A judge has made freezing orders against Melbourne developer City Built and director Robert Filippini, who allegedly received $160 million in investor funds from Keystone Asset Management.
Former Berndale Capital director pleads guilty over misuse of funds
A former director of collapsed Melbourne derivatives broker Berndale Capital Securities has pleaded guilty to offences connected to his misuse of company funds.
Mastercard takes swipe at use of Reserve Bank statistics in ACCC’s case
Mastercard is fighting an evidentiary win for the competition watchdog in a case alleging the payments giant misused its market power in deals with major retailers.
Former JPMorgan trader pleads guilty to fraud charges
A former JPMorgan executive has pleaded guilty to fraud for allegedly misappropriating nearly $1 million from clients of his defunct companies.
Ex-AMP exec settles defamation suit against The Australian publisher
AMP’s former head of advice has settled defamation proceedings over a story in The Australian that suggested he misled ASIC during the banking royal commission. 
Westpac risk manager claims bank painted her a ‘troublemaker’
Westpac's head of audit and risk has taken her employer to court, claiming the bank shut down her compliance concerns about its shuttered mortgage broking subsidiary RAMS and stigmatised her as a "troublemaker" after she made repeated inquiries into the matter.
Superannuation class action against Westpac unit to be discontinued
A class action targeting Westpac subsidiary BT Funds Management and Tal Life Insurance is set to be discontinued less than a year after it was filed.
CFMEU secretary Michael O’Connor taken to court by APRA
The prudential regulator has filed court action against First Super co-chair and CFMEU manufacturing division boss Michael O'Connor, alleging he breached his director's duties under superannuation laws when he hired a union official to work for the fund.