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ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.
Wealth manager Colonial First State Investments and insurer AIA have reached a $140 million settlement in a long-running class action alleging 700,000 superannuation members were charged inflated premiums on insurance products linked to former owner CBA.
The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.
A court has slapped a 14-year jail term on Perth businessman Chris Marco, after a jury found him guilty of 43 charges connected to a $34 million fraud on investors.
Trial has kicked off in ASIC's first-ever design and distribution suit over high-risk contracts for difference, after an in-principle agreement reached with investment company eToro fell through.
ASIC has secured an interim injunction against financial adviser Ferras Merhi, whose network of advisers is accused of leading thousands of clients to invest $526 million into two failed funds.
Insurer Marsh wants the Full Federal Court to overturn a ruling barring it from pursuing claims in a UK court over the failure of Greensill Capital.
Defunct Westpac home loan unit RAMS has been hit with a $20 million penalty after admitting to widespread misconduct at its franchises over a four-year period.
The Australian Competition and Consumer Commission has cleared the way for ASX-listed Cuscal's to acquire payment facilitation supplier Indue, saying it was unlikely to substantially lessen competition.
ASIC wants an injunction against a financial adviser whose "honey pot" marketing allegedly led to 6,000 clients pumping over $520 million into the collapsed Shield and First Guardian funds.