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A $67 million settlement has been reached in a class action alleging Queensland-based superannuation fund QSuper overcharged members for life insurance premiums.
Coal producer TerraCom has agreed to pay $7.5 million to resolve ASIC proceedings alleging it made misleading statement to the market that damaged a whistleblower's reputation.
A judge has dismissed a class action against ex-CBA unit Count Financial alleging that it breached it duty to act in clients’ best interests and ensure adviser remuneration was free of conflict.
A judge has approved a settlement in a class action against crypto firm BPS Financial that gives group members and the funder alleged worthless Qoin, an outcome described as “better than nothing”.
A judge has upheld ASIC's privilege claim over a solicitor’s notes from an interview with a tech start-up boss involved in the ASX program to replace its CHESS system.
Construction PRO
Developer Thousand Hills Property has won an appeal in its fight with LBA Capital over a scuttled property deal for NDIS housing, with an appeals court accepting that LBA repudiated the deal in an email sent by its former director.
On the first day of a seven-week class action trial, a judge has heard that AMP Superannuation failed to renegotiate interest rates with AMP Bank for up to 12 years, despite investing as much as $2 billion in customers' superannuation with the bank.
Insurer Marsh has fired off a cross-claim against Swiss bank UBS in several cases brought over Greensill’s $1.7 billion collapse.
Defunct education provider Captain Cook College and its parent company have been penalised over $30 million for enrolling thousands of vulnerable students who accrued $60 million in debt.
Toyota Finance has been hit with a class action alleging customers paid thousands for 'junk' add-on insurance, on the heels of a law firm's unsuccessful bid to add the claims to an existing class action over flex commissions.