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Showing 81 - 90 of 296 results for "Class action"

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON | MONDAY, 9 MAY 2022

... Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade a quick merger as Musk had discussed the move ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR | MONDAY, 4 APR 2022

Colonial First State has settled a class action brought on behalf of approximately 100,000 super fund members who were allegedly rorted on fees. The class action alleged that CFS deliberately delayed transferring super fund members to the cheaper MySuper ...

Vanguard hit with US class action

ELIZABETH MCARTHUR | WEDNESDAY, 16 MAR 2022

Law firm Dovel & Luner filed a class action lawsuit against Vanguard trustees and on behalf of investors in Vanguard's Target Retirement Funds, based in the US. The suit alleges that Vanguard's mismanagement of these funds led to "enormous tax bills ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR | THURSDAY, 10 FEB 2022

... of OTR: "There is no demonstrated contrition for this underpayment." More than 1000 employees of OTR have formed a class action, claiming Shahin Enterprises is guilty of wage theft which could amount to $70 million. In an open letter, the OTR victims ...

E&P pulls the plug on DASS

KARREN VERGARA | WEDNESDAY, 19 JAN 2022

... numerous claims made to AFCA, as well as civil penalties agreed between DASS and ASIC. Piper Alderman commenced the class action in the Federal Court last November, defending investors who received dodgy advice in the group's beleaguered ASX-listed ...

ISPT takes stake in property fund manager

KARREN VERGARA | FRIDAY, 17 DEC 2021

... across commercial, retail, logistics, warehousing, and residential property in Australia. E&P is currently battling a class action against Piper Alderman, which alleges that under its former name as Evans Dixon, clients were misled and provided conflicted ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA | THURSDAY, 25 NOV 2021

A plaintiff in the Piper Alderman-led class action against Dixon Advisory is attempting to ring fence the $7.2 million civil penalty determined by ASIC. Kosen-rufu, an applicant in a class action against Evans & Dixon (now E&P Financial Group) and subsidiary ...

QSuper faces class action over excess premiums

JAMIE WILLIAMSON | THURSDAY, 25 NOV 2021

A class action has been filed against QSuper, claiming it overcharged about 140,000 members for life insurance policies by charging almost all members the same despite differing occupations. Shine Lawyers has filed the action in the Federal Court against ...

E&P Financial Group director steps down

ANNABELLE DICKSON | WEDNESDAY, 17 NOV 2021

... business, ensuring we meet client and investor expectations," Evans said. Earlier in the month, Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial ...

E&P Financial Group hit with class action

KARREN VERGARA | THURSDAY, 4 NOV 2021

Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial ...

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Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

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