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Showing 31 - 40 of 96 results for "class actions"

BNY Mellon partners with FRT

JAMIE WILLIAMSON  |  FRIDAY, 30 APR 2021
... custody, tax and network management Caroline Butler said she is pleased to have partnered with FRT. "As securities class actions become more complex on a global level, our strategic alliance with FRT provides clients with automated solutions that are ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... an announcement to the ASX that the settlement is still subject to Federal Court approval. Shine Lawyers head of class actions Jan Saddler said the settlement is a great outcome for the class action members. "We encourage all those customers of Westpac ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... negligence with respect to updates on price sensitive information to the market". This will discourage "opportunistic class actions" under continuous disclosure laws, he said, noting that during the temporary provision period (due to expire in March ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
Westpac has agreed to settle two separate class actions relating to anti-money laundering breaches and rate rigging initiated in the US for undisclosed amounts. The bank settled the action filed by Rosen Law Firm relating to its failure to monitor financial ...

CBA progresses with divestment to AIA

ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... Lawyers on behalf of customers who obtained CommInsure life insurance products recommended by a CBA-licensed adviser. Class Actions practice leader Craig Allsopp said group members were entitled to compensation because they incurred financial losses ...

AMP deed of release bars advisers joining class action

ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... today or wait for the class action," he said. The Advisers Association has asked AMP to not use the clause about class actions for advisers that are already in the process of exiting. Macdonald said discussions are ongoing. "The decision to reset AMP's ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
... alleges CBA sold customers overpriced insurance. The law firm filed proceedings against CommInsure on August 21. Class Actions practice leader Craig Allsopp said group members were entitled to compensation because they incurred financial losses as a ...

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
HESTA has told the parliament it sees participation in class actions as a form of active ownership. The super fund said it participates in class actions to recover losses but also as a means of encouraging better standards of corporate governance and ...

Westpac ditches dividend

ELIZA BAVIN  |  TUESDAY, 18 AUG 2020
... insurance, and that it expects ASIC may initiate enforcement action once those investigations come to 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 ...

Alex Wade leaves AMP

JAMIE WILLIAMSON  |  THURSDAY, 6 AUG 2020
... units, creating AMP Australia and Wade was named chief executive. His resignation comes as AMP battles numerous class actions, one filed on behalf of its own financial advisers who have seen the value of their businesses decimated by the group's ...