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Law firm Quinn Emanuel has filed the first shareholder class action against AMP ahead of the beleaguered company's annual general meeting on Thursday.
Commonwealth Bank has agreed to pay $25 million to settle claims by the securities regulator that it manipulated the bank bill swap rate.
Facing shareholder wrath in the wake of the Royal Commission's damning revelations, AMP's three female non-executive directors stepped down on Tuesday.
JB Hi-Fi has been grilled by the Australian Stock Exchange after slipping news of an earnings downgrade into a presentation at an investment conference.
A Federal Court judge has given the all-clear to a $132.5 million offer by QBE to settle a class action by shareholders angry about a $5 billion stock market wipeout for the insurance provider.
AMP has shot back at Royal Commission findings that it committed a criminal offence over its fees-for-no-service scandal and has defended a report prepared by law firm Clayton Utz over the issue.
The founder of Microsoft solutions provider nSynergy has been given the greenlight to bring a derivative suit against his brother and co-founder Karl Redenbach, alleging Redenbach diverted tens of millions of dollars in nSynergy's assets -- including software company LiveTiles.
A judge has denied a bid by corporate advisory firm Leadenhall Australia to have a peek at the books of mining company Cape Lambert Resources, in a dispute over a $4 million share placement that left Leadenhall with a diluted stake in the company.
A judge on Tuesday consolidated two shareholder class actions against life sciences company Sirtex Medical and appointed Maurice Blackburn as lead lawyers for the joint proceedings.
The Australian Securities and Investments Commission has broadened its case against Rio Tinto and two former executives and is seeking extra penalties.