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ANZ senior execs under scrutiny in investigation over $14B bond sale
Financial Services 2024-07-25 11:54 pm By Cindy Cameronne

ANZ has confirmed that senior executives could face consequences in an investigation led by Herbert Smith Freehills and Allens regarding concerns that it manipulated government bond sales last year. 

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‘Alarming’: ASIC suspects ex-Keystone boss may have used investor funds to buy home
Financial Services 2024-06-25 11:29 pm By Cindy Cameronne

A judge has expressed concern about the Australian Securities and Investments Commission’s suspicion that a former director of Keystone Asset Management may have used investor funds to purchase a house in his wife’s name, calling it “alarming”.

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Domino’s faces threat of shareholder class action
Class Actions 2024-06-03 11:02 pm By Sam Matthews

Domino’s is facing a potential shareholder class action for allegedly misleading the market about its expected performance in Japan. 

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Noumi, ASIC fight ruling that privilege over PwC report waived during probe
Appeals 2024-05-28 11:27 pm By Cat Fredenburgh

Noumi and ASIC are challenging a finding that the food manufacturer waived legal professional privilege over a PricewaterhouseCoopers report commissioned by its lawyers at Ashurst by disclosing the report during an ASIC investigation.

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ASIC investigating ANZ over role in government bond issuance
Investigation 2024-05-14 11:12 pm By Andy Sidler

The Australian Securities and Investments Commission is investigating ANZ’s dealings in its role as risk manager of 10-year government treasury bonds worth $14 billion. 

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Former Sydney council member, contractor face ICAC investigation
Public Corruption 2024-05-14 11:30 pm By Andy Sidler

A former Canterbury-Bankstown council member and contractor are the subject of a NSW ICAC inquiry centered on allegations that they failed to disclose relevant pecuniary interests and manipulated council contracts for their own benefit. 

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‘The system is broken’: OAIC dragging feet on Latitude data breach probe, class action firm says
Privacy & Cybersecurity 2024-05-13 11:14 pm By Cindy Cameronne

A law firm investigating a group proceeding against non-bank lender Latitude over a data breach last year has called on the information commissioner to give an update on a related class action-style complaint.

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Isuzu, Mazda face class action investigation over allegedly faulty suspension
Class Actions 2024-04-26 11:42 pm By Sam Matthews

Isuzu and Mazda are facing a class action investigation over alleged ‘bump steer’ defects in three popular car models. 

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Melbourne law firm faces class action investigation
Class Actions 2024-04-22 11:53 pm By Sam Matthews

Gordon Legal is investigating a possible class action related to alleged misconduct by a late Melbourne lawyer on behalf of people who provided “large sums of money” to him and his suburban legal practice.

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ASIC wins ‘extraordinary’ asset freeze against crypto firm NGS
Cryptocurrency 2024-04-22 11:47 pm By Andy Sidler

Australians who sank $21.2 million into crypto firm NGS Crypto, including their retirement savings, may have been misled about the safety of their investments, according to an investigation by the Australian Securities and Investments Commission.

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