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‘The job is the job’: CBA sued by senior manager who complained of overwork
Employment 2024-01-11 10:57 pm By Sam Matthews

A former Commonwealth Bank manager alleging he was fired by the bank after raising concerns about being overworked says he was told “the job is […]

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Linchpin Capital directors hit with $390,000 in penalties
Financial Services 2024-01-10 10:05 pm By Sam Matthews

Four current and former Linchpin Capital directors have been disqualified from heading up companies and hit with a combined $390,000 in penalties, after a judge […]

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Toyota faces class action over flex commission car loans
Class Actions 2024-01-08 11:17 pm By Cindy Cameronne

A class action boutique has filed proceedings against Toyota’s finance arm over car loans that allegedly encouraged dealers to set high interest rates in exchange […]

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IC Markets hit with class action over risky CFDs
Class Actions 2023-12-22 10:11 pm By Cat Fredenburgh

Sydney-based online broker International Capital Markets has been hit with a class action, and is facing the threat of another representative proceeding by investors who […]

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Judge approves settlement in CBA class action that leaves nothing for group members
Class Actions 2023-12-15 4:00 pm By Christine Caulfield

A judge has signed off on a class action settlement under which the Commonwealth Bank of Australia will pay a sum towards the applicant’s costs […]

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ASIC takes stockbroker Adam Blumenthal to court for alleged market rigging, breaches of duty
Financial Services 2023-12-15 11:35 pm By Cat Fredenburgh

The corporate regulator has brought proceedings against EverBlu Capital and Creso Pharma director Adam Blumenthal, alleging market rigging and breaches of duty, and has accepted […]

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ANZ appeals disclosure breach finding over $2.5B share placement
Financial Services 2023-12-14 4:58 pm By Christine Caulfield

ANZ will appeal a ruling that it breached its continuous disclosure obligations when it failed to inform the ASX of a bailout by the underwriters […]

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Lawyers the only ones to get paid in CBA class action settlement
CBA 2023-12-13 3:11 pm By Cat Fredenburgh

Group members will walk away with nothing under a settlement in a seven-year old class action against the Commonwealth Bank of Australia on behalf of […]

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ASIC bans ex-AMP adviser who claims he was forced to sell business under BOLR for $6.1M
Financial Services 2023-12-13 2:36 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a former AMP authorised representative who is suing the wealth manager for allegedly terminating him without proper […]

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Firm’s ‘ridiculously low’ fee budget in Westpac class action drives down funder’s cut
Class Actions 2023-12-11 11:22 am By Christine Caulfield

A judge’s decision to chop $810,000 from the funder’s cut of a settled class action against Westpac sounds a warning to class action litigators that […]

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