Macquarie Bank has been ordered to fork out $330,000 to dozens of former advisers for a “defective and deficient” system which saw the bank fail to pay a raft of employment entitlements.
AMP has settled legal proceedings brought by a former general counsel who claims she was sacked from the wealth management firm after raising concerns about its fees for no services conduct.
Former Macquarie Bank financial advisers who claimed their commission pay structure left them shortchanged have won their case for back pay for annual and personal leave, in the first decision in a group of cases against the wealth manager.
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 conduct is looking to strike out defence claims that she “frequently and openly disparaged” the company’s board, as well as claims that she was being performance managed.
Three former Macquarie Bank financial advisors who claim the bank underpaid them have successfully appealed a decision ordering them to hand over personal tax assessments, with an appeals court finding that the most the bank could make of the documents was to “inflict a degree of embarrassment” on its ex-employees.
The identity of a Big Six partner to whom a former AMP lawyer allegedly criticised her superior has been revealed in court during a heated exchange between the barristers in the unfair dismissal proceeding.
A former general counsel who claims she was sacked from AMP after raising concerns about the company’s fees for no services conduct has mostly succeeded in her bid for further particulars of allegations made in the company’s defence, including a claim that she called “tantamount to extortion”.
A new report from the Law Council of Australia has revealed female barristers are doing more work for less money overall, with equitable briefing improvements outstripped by slow growth in fee parity.
A former Ernst & Young principal jailed for at least nine years for his role in a $135 million tax fraud has lost a challenge to two NSW Supreme Court orders barring access to $150 million worth of assets.
Holding Redlich national managing partner Ian Robertson has defended his reputation as a “good lawyer” while being cross-examined at ICAC over cover-up advice he strenuously denies giving to NSW Labor over the now infamous Aldi bag containing $100,000 in cash donations.