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Macquarie faces 5th lawsuit by ex-financial advisers, settles earlier case
Employment April 1, 2019 10:20 pm By Christine Caulfield

Macquarie Bank has been hit with yet another lawsuit by a group of financial advisers alleging the firm breached the Fair Work Act by denying […]

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Deep Investments can’t take another shot at case, Full Court says
Appeals April 1, 2019 2:28 pm By Cat Fredenburgh

The Full Court has denied a bid by Deep Investments to vary orders dismissing its case against a solicitor and six others over $10 million […]

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MWL files derivative suit against Focus Financial
Financial Services March 28, 2019 10:04 pm By Cat Fredenburgh

Majority shareholders in MWL Financial have filed a derivative suit against US-based Focus Financial Partners over a soured acquisition. The lawsuit was filed March 19 […]

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AMP wants expert report tossed in ASIC insurance churn case
Financial Services March 26, 2019 10:11 pm By Cat Fredenburgh

AMP will challenge the admissibility of an expert report central to ASIC’s case over alleged insurance churning by one of the wealth manager’s former financial […]

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Select Vantage knew surveillance system was flawed, ASIC defamation trial hears
Defamation March 26, 2019 8:09 pm By Miklos Bolza

Trader Daniel Schlaepfer and his firm Select Vantage were alerted to possible market manipulation and flaws in the company’s surveillance system, the court has heard […]

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Judge refuses bid for common fund order in Westpac class action
Class Actions March 25, 2019 7:53 pm By Miklos Bolza

A court has dismissed an application for a common fund order in a class action against Westpac, saying the applicant in the Maurice Blackburn-led action […]

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ASIC, APRA to get $550M boost to combat financial sector misconduct
Financial Services March 24, 2019 10:13 pm By Christine Caulfield

The Coalition government will inject a record $550 million in additional funding for the banking and corporate regulators to crack down on wrongdoing in the […]

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Federal Court gets $35M increase to tackle white collar crime
White Collar March 24, 2019 10:06 pm By Cat Fredenburgh

The Federal Court has been given exclusive jurisdiction over white collar criminal matters, with an additional $35 million in funding coming its way to mange […]

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Westpac slams Maurice Blackburn for racing to file home loans class action
Class Actions March 22, 2019 3:15 pm By Miklos Bolza

Banking giant Westpac has criticised Maurice Blackburn for rushing to file the first class action in the wake of the banking royal commission’s scathing final […]

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Trader wants over $10M in damages in ASIC defamation case
Defamation March 21, 2019 10:10 pm By Miklos Bolza

Trader Daniel Schlaepfer and his firm Select Vantage are seeking over $10 million in damages from the Australian Securities and Investments Commission in a defamation […]

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