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US class action firms pounce on Westpac
Class Actions 2020-02-03 2:08 pm By Cat Fredenburgh

Westpac is now facing at least eight class actions in various US courts seeking $200 million from the bank for allegedly failing to alert shareholders […]

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Myer shareholders get second chance to prove loss in class action
Class Actions 2020-02-03 1:15 pm By Christine Caulfield

After failing to persuade the court at trial, shareholders in a class action against Myer have another chance to prove they suffered financial loss after […]

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Judge gives law firms 3 weeks to join a Westpac class action beauty parade
Class Actions 2020-01-31 9:48 pm By Christine Caulfield

A judge overseeing the first of what could be many shareholder class actions over Westpac’s anti-money laundering breaches — brought by class action specialists Phi […]

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US class action targets Westpac execs over AUSTRAC scandal
Class Actions 2020-01-31 4:08 pm By Cat Fredenburgh

Westpac is facing its first shareholder class action in the US following revelations that it violated anti-money laundering and counter-terrorism finance laws on more than […]

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Arnold Bloch Leibler sues Slater and Gordon to use docs in class action defence
Class Actions 2020-01-31 2:34 pm By Christine Caulfield

Facing a class action by shareholders alleging negligence over advice to Slater and Gordon, law firm Arnold Bloch Leibler is bringing proceedings against its former […]

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Treasury Wine Estates may face shareholder class action
Class Actions 2020-01-31 2:22 pm By Cat Fredenburgh

Treasury Wine Estates may be hit with a shareholder class action following a recent surprise earnings downgrade that led to a drop in the company’s […]

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Westpac to face US class action over AUSTRAC scandal
Class Actions 2020-01-30 3:10 pm By Cat Fredenburgh

A US-based plaintiffs firm is planning a class action against Westpac alleging it failed to alert investors to significant lapses in its anti-money laundering and […]

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ISignthis may face shareholder class action over profit downgrade
Class Actions 2020-01-29 1:10 pm By Cat Fredenburgh

Melbourne-based fintech ISignthis and its directors are facing a possible shareholder class action over a December profit downgrade. On December 9, ISignthis revised its FY […]

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ASIC takes further action against company that ran ‘defective’ Sterling property investment scheme
Financial Services 2020-01-24 1:55 pm By Cat Fredenburgh

The Australian Securities and Investments Commission has suspended the Australian Financial Services licence of a Sydney-based financial services provider that ran a property investment scheme […]

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Crown wins challenge to ‘impermissible’ order letting jailed staff talk to class action firm
Class Actions 2020-01-22 3:56 pm By Miklos Bolza

Crown Resorts has successfully challenged a ruling allowing law firm Maurice Blackburn to communicate with 18 formerly jailed employees to gather evidence in its shareholder […]

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