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Showing 21 - 30 of 142 results for "Legal action"

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... governance and improved accountability by companies, directors and corporate advisors to their shareholders. "We see legal action as a vital third arm of active ownership that compliments engagement and share voting to achieve long-term change for benefit ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... an end. Touching on class actions, Westpac also said it is aware that certain parties are considering additional legal action and class actions in relation to issues raised by the Royal Commission, saying it anticipates further matters may arise in Q4 ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... have since found that loan documents may have been invalid and therefore borrowers were not obligated to pay. The EQ Legal action alleges that demands for repayment that Bendigo and Adelaide Bank made to group members of the first class action were misleading ...

Advisers file class action against AMP

JAMIE WILLIAMSON  |  WEDNESDAY, 29 JUL 2020
... said. "For many of them, it's been both physically and emotionally exhausting. "Unfortunately, the reality is any legal action takes time and that's problematic for small business owners." He said, best case scenario, the class action will take ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
Despite ongoing legal action between the pair, WAM Active has made an official replacement bid to acquire Keybridge Capital shares at an offer price of 6.9 cents per share. The new offer is higher than the previous offer of 6.5 cents per share, made ...

Fortescue seeks to hide pricing

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
Fortescue Metals Group has launched legal action against S&P Global and UK-based Argus Media seeking to prevent the publishing of its iron ore prices. FMG asserts that its prices are "confidential" and has asked the UK High Court to disallow the publishing ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... McVeigh's curiosity resulted in a lawsuit for Rest, with Market Forces initially assisting with the crowd funding of the legal action, and McVeigh is set to have his day in court later this year. Between September 2019 and March 2020, traffic to ...

De Ferrari unaware of legal action

ELIZA BAVIN  |  THURSDAY, 13 FEB 2020
AMP chief executive Francesco De Ferrari has said he is not aware of any impending legal action in relation to the group's financial advice business. Speaking to media after the release of the group's financial results, De Ferrari said that while he ...

Regulators circle as scandal engulfs Westpac

ALLY SELBY  |  WEDNESDAY, 4 DEC 2019
... disgraced bank could face fines and disqualification of senior directors and executives as it considers whether to launch legal action. APRA chair Wayne Byres told a parliamentary hearing on Monday that the watchdog would confirm by the end of the month ...

Trustee firm expands into fund administration

JAMIE WILLIAMSON  |  WEDNESDAY, 13 NOV 2019
... all the way up to APIs that can transform the member experience." The move follows news last week ASIC commenced legal action against Sargon's Tidswell Financial Services as trustee of MobiSuper.