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Showing 71 - 80 of 120 results for "Lawsuit"

AMP to fight class actions, prioritise performance

HARRISON WORLEY | THURSDAY, 10 MAY 2018

AMP confirmed it will vigorously defend two class action lawsuits brought against it by shareholders in the wake of the Financial Services Royal Commission. In an ASX announcement on the morning of its AGM, AMP stated it had been served with two class ...

Facebook scandal raises ESG concerns

ALEX BURKE | TUESDAY, 3 APR 2018

It's the data breach that led Edward Snowden to describe Facebook as a surveillance company rebranded as a social media one - and it's now having serious implications on ethical investment strategies. Summarised, Facebook is currently embroiled in multiple ...

CBA embroiled in rate-rigging allegations

KARREN VERGARA | WEDNESDAY, 31 JAN 2018

... watchdog is seeking from the Federal Court pecuniary penalties and a compliance program for CBA to implement. The newest lawsuit compounds a string of scandals that will test newly minted chief executive Matt Comyn's leadership, which include anti-money ...

Court shuts down listed investment manager lawsuit

ALEX BURKE | FRIDAY, 8 DEC 2017

The Supreme Court of Victoria has dismissed an application from a listed investment manager who was attempting to restraint Molopo Energy from acquiring further shares in a Florida oil and gas exploration company. Keybridge Capital had commenced proceedings ...

ASIC recoups $40m from NAB and ANZ

ALEX BURKE | TUESDAY, 21 NOV 2017

... management operates and the limited case law which applies to this area," he added. Back in August 2016, a class action lawsuit was also launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks, over the same concerns. ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE | MONDAY, 19 JUN 2017

... instruction of the government on how to accomplish this." 1MDB issued its own statement last week, acknowledging the DoJ's civil lawsuit and highlighting that "it is not a party to the civil lawsuit nor has it been contacted by the DoJ in relation to ...

Human rights considerations are good for investors

EMMA RAPAPORT | MONDAY, 1 MAY 2017

Investors should consider human rights risks to be equally as important as political risks when making investment decisions. A new report from the Australian Human Rights Commission (AHRC), in collaboration with professional services firm EY, says the ...

CSC contributes to global ESG think tank

DARREN SNYDER | FRIDAY, 23 DEC 2016

The Commonwealth Superannuation Corporation recently formed part of a powerful asset owner think tank in Japan, discussing best practice in ESG investment and portfolio management. The Global Asset Owners' Forum, organised by the Japanese Government ...

Centrepoint settles Aviva lawsuit

ALEX BURKE | MONDAY, 17 OCT 2016

Centrepoint Alliance has settled the proceedings commenced against it by Aviva Holdings. Back in January, Aviva made a statement of claim alleging that Centrepoint's former Singaporean subsidiary, Fifth Floor, breached a 2012 share purchase agreement ...

US funds launch lawsuit against big four banks

ALEX BURKE | FRIDAY, 19 AUG 2016

A class action lawsuit has been launched against NAB, CBA, ANZ and Westpac, as well as Macquarie and other investment banks for their alleged rigging of the bank bill swap reference rate (BBSW). The Sonterra Capital Master Fund, Frontpoint Financial ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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