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|Showing 41 - 50 of 100+ results for "class action"|
|Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...|
|... cast a vote either way. AMP cut BOLR valuations from 4x recurring revenue to a maximum of 2.5x last year. In July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business and Family Enterprise ...|
|... enhance the long-term value of companies they invest in on behalf of members." HESTA said it recognises that the class action industry contains a number of specialist entities and warrants oversight. "Regulation should ensure that the risk premium awarded ...|
|Sydney-based law firm JPB Liberty has filed a class action against Facebook and Google for the losses suffered by Australian cryptocurrency providers after their bans on cryptocurrency advertising. JPB Liberty is seeking damages for the losses the cryptocurrency ...|
|Westpac has become the first of the big four banks to not deliver a dividend in its first half results as it reported a net profit of $595 million and revealed it anticipates further enforcement action from ASIC. Westpac chief executive Peter King said ...|
|Enrolments in a fresh class action against Bendigo and Adelaide Bank on behalf of investors in the Great Southern managed investment scheme are being finalised this week. EQ Legal director Sasha Ivantsoff told Financial Standard that 850 entities including ...|
|The financial advice arms of AMP, Commonwealth and Westpac are all facing a potential class action from law firm Piper Alderman. The law firm is calling on any customers who have acquired, renewed or continue to hold a financial product on recommendation ...|
|UK investment giant Hargreaves Lansdown is facing a potential class action over its alleged promotion of Neil Woodford's funds. The Woodford Equity Income Fund was spectacularly wound up after its namesake star fundie Neil Woodford offered an emotional ...|
|AMP has announced the departure of AMP Australia chief executive Alex Wade, effective immediately. Wade tendered his resignation and AMP accepted it, the group said. Chief executive of AMP's New Zealand Wealth Management, Blair Vernon, will replace ...|
|... Lawyers over insurance sold by AMP's aligned financial advisers. AMP Financial Planning advisers also filed their own class action against the company last week over its decision to slash Buyer of Last Resort Valuations. AMP was already facing class ...|
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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