Most Recent
Financial complaints watchdog set for 2018 launch
Financial Services February 15, 2018 1:21 pm By Cat Fredenburgh

Australian consumers will soon be able to lodge complaints about banks and other financial institutions with a newly established body overseen by the securities regulator. […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Ex-Charter Financial adviser banned for fleecing elderly clients
Financial Services February 22, 2018 9:08 pm By Cat Fredenburgh

A former financial adviser for Charter Financial Planning has been permanently barred from providing financial advice by Australia’s corporate regulator after it found he deducted […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Judge OKs $100M in rate-rigging settlements
King & Wood Mallesons November 10, 2017 10:58 pm By Cat Fredenburgh

A Federal Court judge on Friday signed off on $100 million in settlements between Australia’s securities regulator and National Australia Bank Ltd. and Australia & […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Bank of Queensland settles class action over Sherwin scam
Securities February 27, 2018 9:13 am By Christine Caulfield

The Bank of Queensland has reached a settlement close to trial in a class action brought by investors in a multi-million dollar Ponzi scheme masterminded […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Amaca can’t get indemnity costs over asbestos settlement
Construction February 23, 2018 8:17 pm By Christine Caulfield

A judge has rejected Amaca’s bid for indemnity costs in a case over contributions to an asbestos class action settlement, but he did not rule […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Citibank repays cardholders $4.3M
Financial Services November 9, 2017 12:51 pm By Cat Fredenburgh

Citibank will provide refunds of $3.3 million to credit card customers for failing to refund them when their credit card accounts were closed with an […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
ASIC bans life insurance adviser for 5 years
Financial Services February 23, 2018 8:54 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has banned a financial adviser for five years for failing to act in his clients’ best interests, the second […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
Westpac faces new claim in life insurance class action
Class Actions February 23, 2018 8:39 pm By Christine Caulfield

Westpac was responsible for the conduct of its in-house financial planner, who allegedly overcharged the bank’s own customers with excess premiums on life insurance, class […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
S&P settles Lifeplan class action over CDOs ratings
Class Actions February 20, 2018 12:39 pm By Christine Caulfield

S&P Global Ratings has reached a settlement in an Australian class action by investors who bought collateralised debt obligations rated healthy by the U.S. credit […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.
ANZ fined $5M over lending practices
Competition & Consumer Protection February 16, 2018 11:44 am By Cat Fredenburgh

A Federal Court judge in Melbourne has slapped Australia and New Zealand Banking Group with a $5 million fine for failing to properly vet customers’ […]

Subscribe for instant access to all Lawyerly content. Already a subscriber? Login here. Want to test drive Lawyerly? Contact us to take a free trial.