Most Recent
A high ranking executive from the Commonwealth Bank of Australia has warned that an increase in class actions could discourage Australia's best corporate leaders from joining company boards.
The judge overseeing professional misconduct claims against lawyers in the Banksia class action has denied a recusal application brought by Alex Elliott, the son of deceased class action lawyer Mark Elliott, who was joined to the proceedings in August.
An IOOF subsidiary sued over "bad advice" has failed in its bid to stop ASIC from using documents from the banking royal commission as evidence in the case, with a judge saying the company had already provided the material to the financial watchdog without objection.
Mayfair director James Mawhinney has been blocked from talking to investors ahead of a hearing on an application to wind up the IPO Wealth fund, after a judge raised concerns about investors being "misled and coerced" by the investment hotshot.
Irate bondholders of Axsesstoday Limited, which collapsed in 2019 after breaching its loan term conditions, have filed a class action against the asset finance lender and its accountant PwC seeking to recoup their losses.
A new class action against S&P Global is facing potential delays as the two lead applicants -- one embroiled in a battle over its funding agreement -- ready for a fight over when to serve the lawsuit on the global ratings agency.
The corporate regulator has launched enforcement action against Dixon Advisory & Superannuation Services, accusing the financial services company of having conflicts of interest and providing inappropriate advice to clients.
A class action has been filed against the Commonwealth Bank of Australia over commissions grandfathered by the Future of Financial Advice reforms.
The receivers for funds manager Equititrust, who are suing the name partners of law firm Tucker & Cowen, have failed in their bid to have further security for costs paid in the form of deeds of indemnity, despite telling the court that funder Vannin might withdraw its support for the litigation.
A judge has criticised "inflammatory" and misleading comments Mayfair 101's director made to investors regarding attempts to wind up firms associated with the IPO Wealth investment scheme.