Unavoidable staffing concerns reason for delay, TelstraSuper says

In defence of a claim it breached internal dispute resolution protocols, TelstraSuper told a court that a number of...

17 April 2025

By Naomi Neilson

TelstraSuper’s excuses for alleged complaint failures not good enough, ASIC says

TelstraSuper’s explanation for why it allegedly breached internal dispute resolution procedures with respect to...

16 April 2025

By Naomi Neilson

Active Super fined $10.5m for greenwashing

The Federal Court has penalised Australian superannuation fund Active Super $10.5 million for misleading conduct about...

18 March 2025

By Jerome Doraisamy

Former company secretary and legal adviser charged following ASIC investigation

Three former Irexchange executives, including a former company secretary and legal adviser, have today appeared in the...

04 March 2025

By Jerome Doraisamy

Star casino execs aware of gambling ‘red flags’, court told

On the first day of a lengthy trial, lawyers for ASIC accused the executives behind Star casino of having “more than...

11 February 2025

By Naomi Neilson

ASIC’s case against Dixon director fails

The Federal Court has dismissed proceedings brought by ASIC against Dixon Advisory director Paul Ryan over allegations...

07 November 2024

By Naomi Neilson

Court upholds finding ANZ breached continuous disclosure laws

ANZ failed to rid itself of a finding it breached continuous disclosure laws during a 2015 bid to raise $2.5...

03 October 2024

By Naomi Neilson

ASIC allegations of misconduct by REST Super tossed out

A court has thrown out ASIC’s allegation that superannuation trustee REST made false or misleading statements about...

19 September 2024

By Naomi Neilson

Greenwashing case against Mercer results in $11.3m penalty

The first greenwashing case brought by the corporate regulator has ended with the Federal Court ordering Mercer...

02 August 2024

By Jerome Doraisamy

Amex hit with $8m penalty for David Jones credit cards

Amex was ordered to pay an $8 million fine for credit cards sold in David Jones stores in the Australian Securities and...

23 July 2024

By Naomi Neilson

Reflections on a ‘landmark’ decision for private lenders

A recent decision from the Supreme Court of Queensland, the respondent’s solicitors argue, sets a “pivotal...

18 July 2024

By Jerome Doraisamy

Active Super found guilty of greenwashing

The Federal Court has found that Active Super made misleading ESG claims and engaged in greenwashing, following an...

11 June 2024

By Lauren Croft

Crypto company dodges penalty after consulting top firm

A cryptocurrency exchange avoided a significant penalty for offering a financial product without a licence because it...

07 June 2024

By Naomi Neilson

UniSuper’s sustainable option raises greenwashing concerns

A member of the $135 billion UniSuper fund has approached ASIC to investigate potentially misleading or deceptive...

26 April 2024

By Jerome Doraisamy

Company failures on the rise, says ASIC

The latest insolvency data published by the corporate regulator reveals that the number of companies failing is...

23 April 2024

By Grace Robbie

Tech’s rise shows need for lawyers, says ASIC chair

In remarks delivered overnight, the chair of the corporate watchdog said the judgement of legal professionals is more...

17 April 2024

By Jerome Doraisamy

ASIC attempts to drop key evidence in Mayfair 101 case

Key evidence may not be included in the prosecution of a man behind the collapse of an IPO investment fund that owed...

11 April 2024

By Naomi Neilson

First Nations retailer to fight ASIC on Centrepay

A retailer for First Nations people in remote communities says it will appeal ASIC’s order to indefinitely stop...

05 April 2024

By Naomi Neilson

ASIC secures partial win in first greenwashing civil case

While ASIC secured its first greenwashing penalty against investment company Vanguard, a court found some of its...

28 March 2024

By Naomi Neilson

Solicitor under investigation ordered not to leave country

A court has restrained a Melbourne solicitor from leaving the country pending an investigation into a missing $26.6...

22 March 2024

By Naomi Neilson