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Big Law 03 October 2024 ByNaomi NeilsonCourt 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 billion.

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Big Law 19 September 2024 ByNaomi NeilsonASIC 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...

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The Bar 02 August 2024 ByJerome DoraisamyGreenwashing 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...

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Big Law 23 July 2024 ByNaomi NeilsonAmex 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...

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The Bar 18 July 2024 ByJerome DoraisamyReflections on a ‘landmark’ decision for private lenders

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

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Big Law 11 June 2024 ByLauren CroftActive Super found guilty of greenwashing

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

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Big Law 07 June 2024 ByNaomi NeilsonCrypto company dodges penalty after consulting top firm

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

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Corporate Counsel 26 April 2024 ByRhea NathUniSuper’s sustainable option raises greenwashing concerns

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

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Corporate Counsel 23 April 2024 ByGrace RobbieCompany failures on the rise, says ASIC

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

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Corporate Counsel 17 April 2024 ByJerome DoraisamyTech’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...

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