Financial Services
We have extensive experience acting for banks, fund managers, insurance companies and superannuation trustees in major disputes and regulatory investigations.
Our experience includes:
- Acting for a large bank in a class action in the Federal Court of Australia (which was at the time the largest shareholder class action in Australian legal history, with 67,000 group members and a claim for approximately $150 million).
- Advising a large financial services organisation in respect of a major piece of litigation in the Supreme Court of Victoria, in which the plaintiffs sued for approximately $2 billion.
- Acting for a large fund manager in proceedings in the Supreme Court of Victoria concerning contributions to a Small APRA Fund.
- Acting for a large fund manager against a David Tweed company in applications for judicial advice in the Supreme Court of NSW, following the targeting of unitholders in two managed funds.
- Advising a “Big 4” Australian bank in connection with a major investigation by ASIC.
- Acting for a large financial services organisation in numerous disputes involving authorised representatives in the financial planner network.
- Acting for officers and employees in relation to investigations by ASIC and APRA (including examinations under s.19 of the ASIC Act and s.270 of the SIS Act).
