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ASIC has appealed a decision in its mostly successful case against the issuer of the Qoin crypto coin, challenging an "important" finding on authorised representatives of AFSL holders.
With its new business model of self-funding class actions, Maurice Blackburn can't get by with an undertaking to indemnify Macquarie for its costs if a case over flex commissions fails.
A ruling that clarified the materiality requirement in continuous disclosure cases could lead to more regulatory actions and activist shareholder claims, but won't boost shareholder class actions, experts say.
Court-appointed receivers of investment firm Keystone have won an extension to a freezing order against a Melbourne developer who is suspected of receiving $160 million in investor funds.
A class action against ANZ over alleged predatory lending practices has settled for $85 million, while two related cases against Westpac and Macquarie are set to go to trial this month.
A criminal case against a former financial adviser from Macquarie accused of trading in derivatives without a client's authority has been dismissed.
Big Four bank ANZ and superannuation trustee OnePath will pay $50 million to settle a class action brought on behalf of super members allegedly charged excessive fees.
A court has tossed claims against ASIC by the former boss of investment fund Blue Sky, describing the allegations as scandalous and untenable.
A settlement has been reached on the eve of trial in a class action against ANZ and OnePath alleging they slugged super fund members with excessive fees.
Westpac's shuttered home loan unit RAMS may hit back at franchisees' class action claims by alleging they made misrepresentations and provided fraudulent documents.