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Showing 221 - 230 of 296 results for "class action"

Senate to investigate life industry

DARREN SNYDER  |  TUESDAY, 8 MAR 2016
... ASIC does or can play in reforming the industry. In light of the revelations, Watson Law Group is investigating a Class Action on behalf of CommInsure customers who may have had their life insurance claims unfairly rejected. The law group said it has ...

ASIC to face legal action over Storm Financial

LAURA MILLAN  |  THURSDAY, 5 FEB 2015
The Australian Securities and Investments Commission (ASIC) is facing a class action for its alleged delay in taking action against Storm Financial and for allegedly acting to protect the interests of major banks, particularly the Commonwealth Bank ...

Court approves Great Southern settlement

AAP  |  FRIDAY, 12 DEC 2014
A $23.5 million settlement of a class action related to loans to investors hit by the billion dollar collapse of agribusiness Great Southern has won court approval. The agricultural projects manager, which raised $1.8 billion and managed 45 investment ...

Court approves Premium Income Fund settlement

LAURA MILLAN  |  WEDNESDAY, 10 DEC 2014
The Federal Court has made orders approving the settlement of the class action against the failed Premium Income Fund (PIF). IMF Bentham confirmed the court's approval of the settlement, but did not say how much PIF unit holders will be receiving as ...

BOQ reaches $17 million settlement with Storm victims

LAURA MILLAN  |  MONDAY, 22 SEP 2014
... (BOQ) will pay $17 million to customers who were victims of Storm Financial as part of the legal proceedings of a class action brought against the bank. The net impact after tax to BOQ will be of $22.1 million, which includes all legal costs and additional ...

Maurice Blackburn mulls class action against Macquarie

LAURA MILLAN  |  MONDAY, 18 AUG 2014
Maurice Blackburn is considering starting a class action against Macquarie in light of the growing number of disgruntled Macquarie Private Wealth customers approaching the litigator. Maurice Blackburn head of the financial disputes department John Berrill ...

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
... in the Great Southern's failed managed investment schemes. After the collapse of Great Southern investors formed a class action that challenged the validity of the loans they received from Bendigo and Adelaide Bank, saying that they were misled by Great ...

Market wrap

AAP  |  WEDNESDAY, 16 JUL 2014
... 1.75 cents to $1.3475 after agreeing to pay $500 million to survivors of Victoria's Black Saturday bushfires. The class action settlement - the largest in Australian history - follows claims faulty equipment ignited the Kilmore East/King Lake bushfire ...

Market wrap

AAP  |  TUESDAY, 15 JUL 2014
... 1.75 cents to $1.3475 after agreeing to pay $500 million to survivors of Victoria's Black Saturday bushfires. The class action settlement - the largest in Australian history - follows claims faulty equipment ignited the Kilmore East/King Lake bushfire ...

Inquiry sees spike in demand for legal action against CBA

LAURA MILLAN  |  WEDNESDAY, 2 JUL 2014
Law firms working to start a class action against Commonwealth Bank's (CBA) financial planning businesses have seen a spike in the number of affected consumers willing to join the legal cause. Maurice Blackburn principal John Berrill and Shine Lawyers ...