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Showing 51 - 60 of 70 results for "class actions"

AMP becomes class action target

DARREN SNYDER  |  MONDAY, 30 APR 2018
... Therium), Quinn Emanuel Urquhart & Sullivan (funded by Burford Capital), and Shine Lawyers are also investigating class actions against AMP. In an ASX statement IMF Bentham said it proposes to fund the new investment through its Rest of the World funds. ...

S&P hit with historic court decision

ALEX BURKE  |  TUESDAY, 31 OCT 2017
... fraudulently-rated SCDOs to "when they could have reasonably discovered the deceit/fraud." SPB is also pursuing similar class actions concerning SCDOs issued by Lehman Brothers Australia, ANZ and Oakvale Capital. The lead partner in the class action ...

Proceedings filed against CBA in Federal Court

ALEX BURKE  |  MONDAY, 9 OCT 2017
... unconditional and proceedings have been filed in the Federal Court, marking the beginning of one of the largest shareholder class actions in Australian history. IMF Bentham said the proceedings were filed on an open class basis, with Maurice Blackburn ...

APRA launches inquiry into CBA

EMMA RAPAPORT  |  MONDAY, 28 AUG 2017
... lawyers Maurice Blackburn with litigation funder IMF Bentham bank last week. Maurice Blackburn national head of class actions Andrew Watson alleged CBA shareholders suffered a significant share price drop in light of AUSTRAC's legal proceedings against ...

CBA faces shareholder class action

ALEX BURKE  |  WEDNESDAY, 23 AUG 2017
... "significant share price drop" in light of AUSTRAC's legal proceedings against the bank. Maurice Blackburn national head of class actions Andrew Watson explained: "AUSTRAC alleges that CBA contravened the AML/CTF Act on more than 53,000 occasions. The ...

Instos begin litigation against Volkswagen

DARREN SNYDER  |  FRIDAY, 24 JUN 2016
... governance reforms going forward at VW." CalSTRS pointed out that German securities litigation is unlike US securities class actions because shareholders in German companies are not entitled to a pro-rata share of recovery unless they affirmatively join ...

IMF Bentham announces $30m bond issue

KERRIE SYDEE  |  WEDNESDAY, 23 MAR 2016
... executive Andrew Saker said the company would use the funds raised to invest in funding future litigation including class actions, liquidations and general litigation. IMF Bentham is the third company to issue a bond originated by FIIG Securities this ...

Bendigo and Adelaide Bank reaches agreement in Great Southern case

ALICE URIBE  |  THURSDAY, 24 JUL 2014
... position. Under the agreement, which is subject to approval of the Court, the Bank's borrowers, who are members of the class actions, have admitted that their loans are valid and enforceable and have provided broad releases from future litigation. This ...

Investors get conditional agreement against Great Southern

ALICE URIBE  |  MONDAY, 10 MAR 2014
... Great Southern collapsed in 2009 owing investors up to $1.8 billion. Proceedings against the company include 15 class actions and 82 individual actions, which includes claims against Bendigo and Adelaide Bank. Benthan IMF has a claim against Great Southern ...

Court ruling on Storm, "a blow" to consumer action

LAURA MILLAN  |  TUESDAY, 13 AUG 2013
... Macquarie Bank," Levitt Robinson principal Stewart Levitt said. The litigator said that the judgement could discourage class actions funded directly by consumers and leaving it for those in the business of litigation funding, "It is a serious blow to ...