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A judge has given the green light to expanded misconduct allegations in a shareholder class action against IOOF, including claims of insider trading and front-running.
A class action has been filed against the federal government on behalf of First Nations people in the Northern Territory who were allegedly denied wages owed for work performed over a nearly 40-year period.
Less than four months after its establishment, litigation funder CASL has hired four investment managers from Litigation Lending Services, in a move that may dramatically shrink the rival funder.f
Two leading figures in the litigation funding industry come together amid an anticipated bump in the demand for litigation finance in the next decade, creating a new funder expected to be a "formidable force" in an increasingly competitive market.
Mortgage lending and investment company RMBL has agreed to pay $3 million to settle a class action alleging it charged excessive fees on loans and made misleading representations under its contributory mortgage fund scheme.