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Commonwealth Bank class tries to fix ‘pleading deficiencies’
Class Actions July 9, 2018 11:24 pm By Cat Fredenburgh

The plaintiffs in a shareholder class action against Commonwealth Bank have taken another stab at their statement of claim, after a judge struck down the […]

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Lawyer fooled by conman Peter Foster’s “psychological brilliance”, court hears
Class Actions July 12, 2018 10:45 pm By Miklos Bolza

A Sydney lawyer accused in a class action of conspiring with notorious conman Peter Foster in a fraudulent sports betting scheme that left investors $29 […]

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Class seeks to slash Quinn Emanuel, Vannin’s fees by millions
Class Actions July 4, 2018 10:52 pm By Miklos Bolza

The lead applicant in a resolved class action against Bank of Queensland has argued law firm Quinn Emanuel and litigation funder Vannin Capital should have […]

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Goldman Sachs deal with ASIC to keep lawyers busy
Financial Services July 2, 2018 11:58 pm By Cat Fredenburgh

Goldman Sachs has agreed to involve more lawyers in its capital markets transactions communications, after the Australian Securities and Investments Commission raised concerns about representations […]

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Cash Converters must answer questions on tax treatment of brokerage fees
Class Actions July 2, 2018 10:30 pm By Cat Fredenburgh

A Federal Court judge has ordered Cash Converters to provide answers to how it treated its brokerage fees for tax purposes, as it faces new […]

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CBA’s $25M rate-rigging settlement gets court OK
Financial Services June 21, 2018 10:58 am By Christine Caulfield

The Federal Court has approved Commonwealth Bank’s $25 million settlement with ASIC over allegations it manipulated the bank bill swap rate. Justice Jonathan Beach said […]

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MWL founders look to bring derivative suit against Focus Financial
Securities June 19, 2018 3:23 pm By Cat Fredenburgh

MWL Financial Group’s co-founder and a group of superannuation and investment funds are seeking court approval to bring a derivative suit on behalf of the […]

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Law firm can’t put ‘parasitic’ rival on hook for GetSwift costs
Class Actions June 15, 2018 8:56 pm By Miklos Bolza

Squire Patton Boggs, one of the losing law firms in the GetSwift class action beauty contest, has lost again, this time in its fight to […]

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Class actions over Willmott Forests scheme collapse wrap up
Class Actions May 23, 2018 5:17 pm By Christine Caulfield

Class actions brought by victims of the failed Willmott Forests managed investment scheme have come to a close, two years after a judge issued a […]

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ASIC sues financial advisor over $1.4M loan scam
Financial Services July 3, 2018 9:55 pm By Miklos Bolza

The Australian Securities and Investments Commission has taken Queensland firm Refocus Financial Group to court for allegedly co-opting over $1.4 million in client loans for […]

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