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Showing 81 - 90 of 430 results for %22Class action%22

Super funds drop Russian assets

ELIZABETH MCARTHUR  |  FRIDAY, 4 MAR 2022
... current sanctions. "As such, we have been underweight the benchmark in Russia within our emerging market equities asset class and at an overall Fund level have very limited exposure (around 0.10% of total assets). This will continue to be reduced when ...

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 ...

Aussies shell out $51m on crypto fees

KARREN VERGARA  |  MONDAY, 31 JAN 2022
Australians have forked out $50.9 million on cryptocurrency trading fees as more intend to invest in this asset class. According to Finder, Bitcoin charges a fee of 0.6% based on the purchase price for parcels less than $10,000, while some exchanges ...

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 ...

ETF Securities, 21Shares partner for Australia's first crypto ETFs

CHLOE WALKER  |  THURSDAY, 2 DEC 2021
ETF Securities and 21Shares are partnering to launch Australia's first direct Bitcoin and Ethereum ETFs and a best-in-class blockchain research and education centre. Subject to regulatory approvals, the ETFS 21Shares Bitcoin ETF and ETFS 21Shares Ethereum ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
... misleading conduct potentially affected investment decisions involving very large sums of money." When ASIC first took action against La Trobe in December last year, the firm said that no liquidity event, even though the global financial crisis and the ...

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 ...