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Salter Brothers secures $8M in breach of warranty case against ex-Hendry Group CEO
Corporate 2022-10-18 11:23 pm By Christine Caulfield

Fund manager Salter Brothers has been awarded more than $8 million in a breach of warranty suit against former Hendry Group boss Emma Hendry and […]

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James Mawhinney sues ASIC over ‘defamatory’ media release
Defamation 2022-10-17 3:55 pm By Cat Fredenburgh

Mayfair 101 founder James Mawhinney has sued the Australian Securities and Investments Commission and its deputy chair Sarah Court, alleging the corporate regulator defamed him […]

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Equity Trustees sues investment firm over currency hedge trades
Financial Services 2022-10-17 11:30 pm By Sam Matthews

Equity Trustees has sued asset manager Tactical Global Management seeking millions in compensation for losses allegedly stemming from over-hedging trades. In a suit filed in […]

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ASIC issues stop orders on Holon crypto funds pitched to retail investors
Cryptocurrency 2022-10-17 3:02 pm By Sam Matthews

The corporate regulator has placed interim stop orders on three crypto funds distributed by Holon Investments Australia Limited, citing the need to protect investors from […]

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NAB defeats unconscionable conduct case by vehicle finance brokerage
Financial Services 2022-10-14 9:40 pm By Sam Matthews

A judge has tossed a broker’s lawsuit against NAB and its former subsidiary FAST, finding the bank was entitled to terminate its accreditation over the […]

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ANZ close to settling class action over ‘junk’ add-on insurance
Class Actions 2022-10-14 4:06 pm By Sam Matthews

Insurer QBE has settled a class action over ANZ’s sale of allegedly worthless add-on insurance, and the applicants are “hopeful” that the bank and two […]

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Class action wants AMP, Clayton Utz emails over controversial fees for no service report
Financial Services 2022-10-12 2:57 pm By Sam Matthews

A class action over AMP’s fees for no service practice wants communications with law firm Clayton Utz that led up to a report that allegedly […]

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Paltry pay day for IPO Wealth investors as $5.6M class action settlement approved
Financial Services 2022-10-12 11:06 am By Sam Matthews

Investors in Mayfair Group’s collapsed IPO Wealth Fund have clawed back only a fraction of their alleged $67 million losses after a judge approved a […]

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Mayfair’s James Mawhinney wants High Court to shut down ASIC case
Appeals 2022-10-12 9:43 pm By Sam Matthews

The founder of beleaguered investment group Mayfair 101, James Mawhinney, has asked the High Court to overturn his own successful Full Court appeal of a […]

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$800M class action to accuse IG Markets of unconscionable conduct over risky CFDs
Class Actions 2022-10-10 1:42 pm By Christine Caulfield

IG Markets faces a potential class action on behalf of up to 20,000 everyday investors who have allegedly lost hundreds of millions of dollars trading […]

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