Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 120 results for "Lawsuit"

Employee shareholders officially file lawsuit against FNZ

KARREN VERGARA  |  THURSDAY, 31 JUL 2025
FNZ employee shareholders have officially filed a lawsuit against FNZ, alleging the global technology firm and its board substantially diluted their ownership with several capital raises. FNZ B class shareholders filed the class action at the High Court ...

North inflows jump 60%

KARREN VERGARA  |  MONDAY, 21 JUL 2025
... premiums for certain members of AMP's superannuation funds for life insurance during the period 2019 to 2024. The second lawsuit relates to a dispute with Dexus Funds Management and Macquarie Retail for the disposal of Macquarie Shopping Centre.

AUSIEX to acquire FIIG Securities

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... continuing to enhance the services we deliver to our clients with even greater capabilities." In March, ASIC launched a lawsuit against FIIG Securities over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
... money will go towards the victims while the other half is allocated to the law firm and litigation funder Therium. The lawsuit was filed against auditors BPR Audit, GK & Co, Bladens Accountants & Tax Agents, Khanh Huynh, and Fin Corp Auditors. In 2023 ...

AustralianSuper bins WiseTech stake

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
... stepped down with immediate effect as chief executive. White's exit came in the immediate aftermath of settling a lawsuit that alleged he broke a business deal with a woman he was in a sexual relationship with. WiseTech said White would take a short ...

ASIC slaps FIIG Securities with lawsuit

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
FIIG Securities will face court over allegations of longstanding cybersecurity failures which saw the private data of more than 18,000 clients stolen and released on the dark web. According to ASIC, FIIG failed to have adequate cyber risk management ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... practices and subjected us to legal inquiries from various public officials". In November 2024, the firm was named in a Texas lawsuit alongside State Street and Vanguard, claiming their climate activism was a breach of antitrust laws. BlackRock told ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... noticed a discrepancy from the time Caddick started her operation in 2012 to 2020 when she disappeared. One client in the lawsuit, who was retired, saw their life savings disappear thanks to Caddick who operated Maliver without an AFSL and used another ...

BlackRock, State Street, Vanguard sued over climate stance

JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2024
... the institutions "conspired to artificially constrict the market for coal through anticompetitive trade practices." The lawsuit claims that BlackRock, State Street and Vanguard progressively acquired substantial shareholdings in every major publicly ...