Mercer Superannuation has agreed to pay $11.3 million in a case the regulator said was âthe first and we hope the lastâ greenwashing case of […]
Food manufacturer Noumi is trying to reach agreement with the Australian Securities and Investments Commission on a penalty to propose to the court for violating […]
RACQ Insurance has agreed to pay a $10 million penalty for misleading customers about their entitlements to discounts on certain insurance products. Between March 2017 […]
The Albanese Government has floated a new regulatory framework under which businesses would face steep penalties for failing to do their part to prevent scams. […]
Former ANZ superannuation trustee OnePath Custodians has been hit with a $5 million penalty for charging superannuation members more than $4 million in fees that […]
A former manager of stockbroking firm BBY Limited is the second senior employee to front court faced with criminal charges following the firm’s failure. Sydney-resident […]
Sydney-based online broker International Capital Markets is facing a class action by inexperienced investors who allegedly lost $500 million in trading risky contracts for difference. Law […]
A judge has ordered wealth manager Mercer Financial Advice to pay a $12 million penalty for “extremely serious” fees-for-no-service conduct and breaches of its fee […]
ASIC has escaped an individual insolvency practitionerâs bid for indemnity costs in its failed case alleging illegal phoenix activity, with a judge finding the regulator […]
Nuix had information in January 2021 which undermined the growth story presented to the market in the prospectus for its IPO, a court has heard […]