The latest issue of Financial Standard now available as an e-newspaper
|Showing 61 - 70 of 70 results for "class actions"|
|... were first raised in these proceedings, have provided a template for similar allegations that have been raised in class actions brought on behalf of investors against BoQ, Macquarie and CBA. "ASIC will continue its efforts to achieve fair compensation ...|
|... earlier this month and is pursuing Storm founders Emmanuel and Julie Cassimatis in a separate case. Two separate class actions are due to follow the ASIC case. Storm's clients lost about $3.6 billion when the financial services company collapsed in early ...|
|... the future. "Ripoll's reviews of Storm and advice processes etc has built better investor protection around making class actions easier to mount after the event has happened," said Townsend. "This is laudable but truly having legislation that would stop ...|
|... fund, members have taken to social media expressing fears the fund is near collapse calling for action committees, class actions and a reversal of trust deed change. In an official statement released this morning by the fund in response to the ABC news ...|
|... the Dukes' settlement should result in compensation being paid to eligible investors. In April 2008, ASIC started class actions against Dukes to seek compensation for clients who invested in financial products issued by various companies within the failed ...|
|... Bank was the weakest of the big four banks after Wednesday afternoon reports that major lenders could be facing class actions over excessive charges. At 1215 AEST, Commonwealth was up 23 cents, or 0.42 per cent at $54.53, Westpac was up 39 cents, or ...|
|ASIC has reached an agreement to settle class actions against Bongiorno Financial Advisors, which has links to the failed Westpoint Group. An ASIC statement late last week noted that the watchdog had agreed to settle actions against Melbourne-based ...|
|... Financial services companies face higher directors and officers (D&O) insurance costs as the number of securities class actions rise, another unwanted outcome of the credit crisis where more shareholders sue failed companies. At a time when many financial ...|
|... different investors had different attitudes to social issues like collective engagement, willingness to participate in class actions and treatment of minority groups. Importantly, using corporate governance as a tool to enhance investment returns has ...|
|Of the 75 to 100 financial advisers implicated in the Westpoint saga, class actions to recover $300 million are likely to centre on as few as 30 adviser groups, according to class action firm Slater & Gordon. Slater & Gordon's commercial litigation ...|
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors.
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits.
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030.
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights' for taxpayers.
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