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Showing 721 - 730 of 1678 results for "Breach"

AMP contests senior lawyer's claims

KANIKA SOOD  |  TUESDAY, 29 OCT 2019
... commercially sensitive information belonging to the company. She sent a significant number of them to her personal email, also in breach of her employment obligations. At no time did the company waive any legal professional privilege, or provide Cook ...

ASIC wins appeal against Westpac companies

KANIKA SOOD  |  MONDAY, 28 OCT 2019
In a fresh blow to Westpac, the Federal Court this morning delivered the corporate regulator a win in its appeal against a previous ruling on Westpac's telephone campaigns. The full court this morning said ASIC's appeal will be allowed with ...

Senior lawyer drags AMP to court

KANIKA SOOD  |  THURSDAY, 24 OCT 2019
A former AMP lawyer is claiming over $2 million from the company for unfair dismissal after she raised concerns about fee-for-no-services practices with its former top executives. Larissa Baker Cook was involved in AMP's legal preparation for the ...

Disgruntled chief executive wins $2.7million

KANIKA SOOD  |  WEDNESDAY, 23 OCT 2019
... favour and threw out GBST's counterclaim. This came in midst of GBST being acquired by UK-firm FNZ. Lake won damages for breach of contract for wrongful termination of his employment ($643,100 as 12 months' salary, including superannuation), about $1.4 ...

Whistleblower calls out approved product lies

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2019
... institutionally-aligned Australian Financial Services Licensees (AFSLs) are funneling new clients into in-house products, potentially in breach of Best Interest Duty obligations. Whistleblower Jeff Morris has urged the government to ban the use of APLs ...

Colonial First State hit with second class action in less than a week

ELIZA BAVIN  |  MONDAY, 21 OCT 2019
... conduct fell below community standards and expectations. This is an understatement. We believe CFS's conduct was in breach of the law and it should be held to account and required to compensate its members." CBA said it acknowledges that proceedings ...

APRA won't appeal IOOF judgement

ELIZA BAVIN  |  FRIDAY, 18 OCT 2019
... outcomes are inherently unpredictable, however APRA remains prepared to launch court action, where appropriate, when entities breach the law or fail to act in an open and cooperative manner," Rowell said.

Retail fund faces class action on MySuper

ELIZABETH MCARTHUR  |  THURSDAY, 17 OCT 2019
Thousands of MySuper account holders with Colonial First State will pursue legal action against the fund. Maurice Blackburn Lawyers today filed a class action against CFS in relation to alleged breaches of super trustee duties that it said have caused ...

ASIC grants compliance scheme relief

HARRISON WORLEY  |  WEDNESDAY, 16 OCT 2019
ASIC will grant AFS licensees with relief from the obligation to ensure their financial advisers are covered by a compliance scheme. As part of the government's decision late last week to accelerate the establishment of a single disciplinary body for ...

Former NAB adviser sentenced

HARRISON WORLEY  |  TUESDAY, 8 OCT 2019
... those accounts, impersonating his clients in the process. ASIC commissioner Sean Hughes said Eung's actions amounted to a breach of client trust for his own advantage. "Mr Eung was trusted by his clients to manage their financial affairs. He breached ...