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Ex-AMP lawyer looks to strike out claim she ‘disparaged’ board
Employment 2020-09-21 5:25 pm By Alison Eveleigh

A former general counsel of AMP who claims she was sacked from the wralth management firm after raising concerns about its fees for no services […]

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Settlement reached in shareholder class action against Vocation, auditor PWC
Class Actions 2020-09-18 10:33 pm By Cat Fredenburgh

A shareholder class action against Vocation that has spanned five years and spawned multiple cross claims against the failed training company’s auditor, law firm and […]

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Judge recuses himself from patent spat over Melbourne parking detector
Intellectual Property 2020-08-27 5:56 pm By Miklos Bolza

A  judge has stepped aside from a patent lawsuit brought by tech firm Vehicle Monitoring Systems over a parking system used by the City of […]

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CBA hits back at ASIC conflicted remuneration case
Financial Services 2020-08-26 10:50 pm By Miklos Bolza

The Commonwealth Bank of Australia has denied that it received any benefits through the sale of its Essential Super product, rejecting claims by Australian Securities […]

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ASIC takes StatePlus to court over alleged fees for no service conduct
Financial Services 2020-08-20 8:57 pm By Alison Eveleigh

The Australian Securities and Investments Commission has launched civil penalty proceedings against superannuation fund StatePlus over fees allegedly charged for services that were not provided […]

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Westpac units won’t defend ASIC fees for no service case
Financial Services 2020-08-20 4:56 pm By Miklos Bolza

Two Westpac units have made admissions and said they would not defend proceedings brought by the Australian Securities and Investments Commission over fees charged for […]

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Opal Tower insurance stoush needs to be resolved for class action defence, court hears
Insurance 2020-08-07 5:53 pm By Miklos Bolza

The prefab concrete specialist behind Sydney’s Opal Tower, which has been targeted in a class action over the ill-fated building, has told a court that […]

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Law firm to drop class action against Pitcher Partners over Slater and Gordon audits
Class Actions 2020-07-30 2:27 pm By Cat Fredenburgh

The law firm behind a long-running class action against Pitcher Partners over its auditing of Slater and Gordon is seeking court approval to drop the […]

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Westpac’s anti-money laundering woes worsen
Financial Services 2020-07-28 1:37 pm By Cat Fredenburgh

Westpac anti-money laundering compliance troubles continue to worsen, with the bank reporting an additional 365,000 incomplete or inaccurate threshold transaction reports to AUSTRAC. The bank […]

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CBA unit admits to misleading calls in ASIC case over MySuper accounts
Financial Services 2020-07-22 4:13 pm By Alison Eveleigh

Commonwealth Bank’s wealth management unit Colonial First State has admitted misleading conduct in certain calls to superannuation members, but has otherwise denied claims by the […]

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