The Commonwealth Bank of Australia has been sued for conspiracy to misuse private information and bank account details in an unfair dismissal case brought by the director and former employee of a Melbourne financial services provider.
A former portfolio manager of IOOF has sued the firm for discrimination and breaches of the Fair Work Act, alleging she was groped on the breasts by a high ranking senior executive on her wedding day.
The Fair Work Commission has found a Bank of Queensland manager was unfairly dismissed despite making a “careless” mistake which led to a fraudster nabbing nearly $40,000 of a customer’s money.
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.
Payments provider Tyro is facing the threat of a class action over a days-long EFTPOS terminal outage that has left many businesses unable to accept payments.
A fight over whether a class action applicant must fork over security for costs is not a matter of the strength of the case, says a judge presiding over a class action brought by superannuation holders against Commonwealth Bank of Australia and subsidiaries Colonial First State and Avanteos.
Law firm Slater & Gordon has brought a class action against ANZ alleging former subsidiary OnePath Custodians breached its duties as a trustee of superannuation funds by slugging members with excessive fees to pay commissions to financial advisers.
A judge has vacated a scheduled mediation in ASIC’s misleading and deceptive conduct case against three companies in the beleaguered Mayfair Group after they failed to procure legal representation despite assurances that lawyers would be engaged promptly.
US cryptocurrency maker Ripple Labs has reached a settlement with the company behind the PayID mobile banking system, ending months of litigation in their trade mark spat.
A judge has blasted AMP for dragging a fight over documents to court this close to Christmas, after software company DST Bluedoor revealed it is seeking $35.5 million in loss and damages against the financial services firm for allegedly inducing 11 employees to jump ship after licensing its online advisor platform.