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Showing 1 - 10 of 65 results for "NSW Supreme Court"

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... tanked following revelations of alleged misconduct by the Financial Services Royal Commission. In May 2019, the NSW Supreme Court ordered the litany of class actions levelled against AMP to merge into one after the Hayne Royal Commission exposed scathing ...

AFCA forced into rule change

ELIZABETH MCARTHUR  |  FRIDAY, 22 JAN 2021
... forced into a rule change regarding its jurisdiction over authorised representatives after a court decision. The NSW Supreme Court ruled in the case of DH Flinders v Australian Financial Complaints Authority that AFCA's rules regarding its jurisdiction ...

WAM sees court win over Keybridge

ELIZA BAVIN  |  FRIDAY, 8 JAN 2021
... be void." However, the Supreme Court ruled against Keybridge and costs were awarded against the company. "The NSW Supreme Court decision did not accord with the decision of the two Takeover Panels and, in Keybridge's view, creates a material uncertainty ...

WAM makes replacement bid for Keybridge

ELIZA BAVIN  |  TUESDAY, 7 JUL 2020
... NTA disclosed by KBC," Wilson said. The updated offer comes after Keybridge launched legal proceedings in the NSW Supreme Court alleging WAM Active improperly transferred over 16 million Keybridge shares from 96 Shareholders. Additionally, Keybridge ...

AMP faces super fee gouge class action

KARREN VERGARA  |  THURSDAY, 30 MAY 2019
... estimate that over two-million accounts have been impacted by AMP's alleged misconduct," Dellavedova said. The NSW Supreme Court recently ordered only one of several class actions launched against AMP can proceed. The class actions of Maurice Blackburn ...

AMP class actions consolidated

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
The NSW Supreme Court has ordered only one of several class actions launched against AMP can proceed. In a judgement late last week, the NSW Supreme Court ordered only one of the five class action lawsuits filed against AMP in the wake of its Royal ...

AMP hit with another proposed class action

JAMIE WILLIAMSON  |  TUESDAY, 15 MAY 2018
... it is representing those who purchased shares between 6 May 2013 and 13 April 2018. The latter filed in the NSW Supreme Court and will act on behalf of anyone that invested in AMP between 10 May 2012 and 15 April 2018. In this instance, Quinn Emanuel ...

AMP to fight class actions, prioritise performance

HARRISON WORLEY  |  THURSDAY, 10 MAY 2018
... between 6 May 2013 and 13 April 2018. An additional class action filed by Quinn Emanuel Urquhart & Sullivan in the NSW Supreme Court will represent those who purchased AMP shares from 10 May 2012 up until 15 April 2018. In its statement AMP said it would ...

Macquarie cops fine over van Eyk

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2016
... admission to the mismanagement of the van Eyk Blueprint International Shares Fund (VBI Fund). On Tuesday, the NSW Supreme Court ordered Macquarie Investment Management (MIM) to pay $400,000 to the corporate regulator and also contribute $200,000 towards ...

'Business as usual' for Perennial despite legal bid

MARK SMITH  |  TUESDAY, 23 JUL 2013
... with Australian Wealth Management triggered the change in control clause and first mounted legal action in the NSW Supreme Court in 2011, which they lost. That decision has now been upheld in the NSW Supreme Court of Appeal. "It has and continues to ...
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