Employee shareholders seeking compensation for alleged board self-dealing say latest move will stymie efforts to block their claim in the Cayman Islands.
An earlier judgment speaks for itself, says judge in Fair Trading Act case.
The ANZ Bank is seeking to have the class action by Ross Asset Management investors struck out.
Its owner and his mother were fined too, in the first prosecution under anti-money laundering laws.
The bank is seeking to strike out the $80m investor lawsuit, saying the claim lacks specifics.
Hiding millions of dollars in cash sales has earned a businessman a three-year prison sentence.
ANZ throwing its weight around to ‘bury the facts,’ investor spokesperson says.
Pair face a maximum sentence of seven years in prison.
The judge ordered the four men must surrender their passports.
Judge says airline followed ‘thorough’ process in banning aggrieved customer for a year.
