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Search ResultsShowing 1 - 10 of 100+ results for "Class action"
Pension plan sued for expensive, active strategy
KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...
Rest climate case dismissed
ELIZABETH MCARTHUR  |  MONDAY, 2 NOV 2020
... Barnden who has two other cases related to climate change on foot. O'Donnell v Commonwealth and Ors is a potential class action with lead claimant Katta O'Donnell, who owns Australian government bonds. O'Donnell is seeking to hold the Australian ...
Westpac settles two class actions
KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... monitor financial crime and anti-money laundering under the eyes of AUSTRAC on October 29. The law firm filed the class action in January this year at the US District Court for Oregon on behalf of investors who purchased Westpac shares between 11 November ...
CBA progresses with divestment to AIA
ANNABELLE DICKSON  |  WEDNESDAY, 30 SEP 2020
... The deal excludes the bank's 37.5% equity interest in BoCommLife Insurance Company. It was only last month that a class action lawsuit was filed against CBA by Shine Lawyers on behalf of customers who obtained CommInsure life insurance products recommended ...
Count Financial adds member firm
ANNABELLE DICKSON  |  WEDNESDAY, 23 SEP 2020
... them to continue delivering quality advice at a time when Australians need it more than ever," he said. It comes as class action proceedings were filed against Count Financial by Piper Alderman who alleges it did not ensure its financial advisers did ...
Rest climate change case pushes ahead
ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
... Barnden has two other cases related to climate change on foot. O'Donnell v Commonwealth and Ors is a potential class action with lead claimant Katta O'Donnell , who owns Australian government bonds. O'Donnell is seeking to hold the Australian ...
SMSF claim over Dreamworld deaths hits snag
ELIZABETH MCARTHUR  |  TUESDAY, 15 SEP 2020
... Dreamworld, over the Thunder River Rapids deaths in 2016 thrown out. Colin Ingram and Judy Tolloch are lead applicants in a class action being brought by Piper Alderman against Ardent Leisure on behalf of shareholders in the company. Ingram and Tulloch ...
AMP deed of release bars advisers joining class action
ELIZABETH MCARTHUR  |  MONDAY, 7 SEP 2020
... handing departing financial advisers a contract with a clause in it that prohibits them from joining the current open class action. The Advisers Association chief executive Neil Macdonald said he became aware of a new clause in AMP's deeds of release ...
Count Financial faces class action
ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...
AMP does not treat advisers fairly: Poll
ELIZABETH MCARTHUR  |  TUESDAY, 1 SEP 2020
... cast a vote either way. AMP cut BOLR valuations from 4x recurring revenue to a maximum of 2.5x last year. In July, a class action was filed against AMP by its own advisers over the reduction in BOLR values. The Australian Small Business and Family Enterprise ...
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