Search Results | Showing 71 - 80 of 81 results for "class actions" |
| | ... 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 ... |
| | | ... 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 ... |
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