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Accounting firm Pitcher Partners has lost an application to dismiss a $127 million lawsuit by the family of race car driver Max Twigg as an abuse of process, with a judge rejecting its claim that the proceedings were deliberately delayed.
Melbourne man Joshua Fuoco has been fined $6,000 and convicted for managing the now defunct consumer lender Financial Circle while disqualified.
Fintech Tyro has agreed to settle a class action brought by retailers who were unable to process payments during a days-long EFTPOS outage in January 2021.
Dozens of Macquarie advisers who previously won a $330,000 payday against the bank have been ordered back to court for a rehearing of their long-running case over employment entitlements.
Hall & Wilcox has lured a Baker & McKenzie veteran and renewables specialist to lead its Sydney finance practice.
Pitcher Partners has failed to stay a Federal Court suit alleging the accounting firm failed to properly advise former Zap Fitness owner Bective Enterprises on a troubled share buy-back scheme, in light of a Supreme Court bid by another key player to shut the case down.
The Australian Securities and Investments Commission's has detailed its enforcement priorities for 2023, which include a continued focus on predatory lending, crypto-assets and greenwashing.
The Australian Securities and Investments Commission has handed a permanent ban to a former financial advisor who pleaded guilty to taking $35,000 from his First Nations clients’ superannuation accounts.
Clive Palmer's Queensland Nickel and three other Palmer-related entities have been ordered to pay $44.5 million (US$30.8 million) to litigation funder Vannin Capital for defaulting on a loan for a private jet.
Stock broker Fortrend Securities has secured an order prohibiting two former advisors from contacting their old clients while they litigate a dispute alleging the advisors conspired with Shaw & Partners to poach customers.