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Showing 161 - 170 of 261 results for "class action"

Former industry fund CEO moves to AMP

DARREN SNYDER  |  FRIDAY, 4 MAY 2018
The former chief executive of an $11 billion industry superannuation fund recently joined AMP in a role that will focus on new and existing group insurance clients. Former Local Government Super chief executive Peter Lambert moved to AMP in April. He ...

S&P to remove ASX healthcare firm from index

ALEX BURKE  |  FRIDAY, 4 MAY 2018
An ASX-listed healthcare firm, currently subject to a potential class action by shareholders which include major Australian asset managers, will be removed from the ASX 200 pending acquisition by a US company. S&P Dow Jones Indices said Sirtex Medical ...

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
IMF Bentham is the latest firm to finance proposed class action proceedings against AMP in light of evidence at the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry. The litigation funding group said it ...

Brenner leaves AMP

JAMIE WILLIAMSON  |  MONDAY, 30 APR 2018
... Brenner said her resignation will act as a step towards restoring trust and confidence in AMP. READ: AMP becomes class action target Commenting, Wilkins said: "The board acknowledges Catherine's leadership and thanks her for her professionalism, integrity ...

CBA denies majority of latest AUSTRAC allegations

KARREN VERGARA  |  FRIDAY, 23 FEB 2018
... 19 million reports to AUSTRAC over the period covered by its claims right until the end of 2017. Referring to the class action commenced by Zonia Holdings on 9 October 2017, CBA said it rejects accusations it failed to disclose material information relating ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA  |  WEDNESDAY, 31 JAN 2018
... chief executive Matt Comyn's leadership, which include anti-money and counter-terrorism law breaches, and shareholder class action alleging it failed continuous disclosure obligations. ASIC commenced similar proceedings against ANZ, NAB and Westpac in ...

IMF ramps up funding for CBA class action

EMMA RAPAPORT  |  FRIDAY, 22 DEC 2017
Shareholders in the class action against the Commonwealth Bank will receive funding from two IMF Bentham investment vehicles with aggregated capital of $150 million, moving a potentially record-breaking class action against the bank one step closer. ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE  |  TUESDAY, 21 NOV 2017
... rate risk management operates and the limited case law which applies to this area," he added. Back in August 2016, a class action lawsuit was also launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks, over the same ...

CBA avoids board spill

KARREN VERGARA  |  FRIDAY, 17 NOV 2017
... process of responding to ASIC's request for information for its own investigation, and will "vigorously" defend a class action that alleges it breached continuous disclosure obligations, she said. Livingstone told a public hearing last month that the ...

S&P hit with historic court decision

ALEX BURKE  |  TUESDAY, 31 OCT 2017
Investors in a class action against S&P have secured a historic win in the Federal Court of Australia, which may have international ramifications for other potential cases against the ratings issuer. The class action, represented by global law firm ...