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Showing 1 - 10 of 312 results for "Justice"

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... conduct that was liable to mislead the public and that it had made representations that were false or misleading." Today, Justice O'Bryan found Vanguard broke the law numerous times, breaching the ASIC Act when it made representations about the screens ...

ASIC ends legal battle: Provide Capital's appeal quashed

ANDREW MCKEAN  |  MONDAY, 18 MAR 2024
... that the failure was without reasonable excuse. Justices Lee, Anderson, and McElwaine upheld the previous orders made by Justice O'Bryan in the Federal Court. On 25 September 2023, O'Bryan ordered Provide Capital to produce the documents that it ...

Court dismisses ASIC lawsuit against Finder

KARREN VERGARA  |  FRIDAY, 15 MAR 2024
... fallen flat as the Federal Court rejected allegations it was spruiking a financial product related to cryptocurrency. Justice Markovic yesterday dismissed ASIC's case against Finder.com's Finder Wallet and its product Finder Earn, which was marketed ...

ASIC succeeds in conflicted remuneration case

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... contravened s963F of the Corporations Act by failing to take reasonable steps to ensure SMSF Club did not accept the payments. Justice Jackson concluded that "ASIC has established that, during the relevant period, the steps that RM Capital took to ensure ...

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
... financial adviser Canna Campbell to pay $113,791.50 in legal costs after she was found guilty of trademark infringement. Justice Manousaridis in the Federal Circuit Court of Australia ordered Campbell, founder of SugarMamma TV and SASS Financial, to ...

ANZ gets green light for Suncorp merger

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... competition in the banking market. Bendigo and Adelaide Bank also opposed the decision. This morning, ACT deputy president justice John Halley said there were sufficient "net public benefits" to allow the deal to go ahead. "The tribunal has concluded ...

Commonwealth Bank slapped with $10.3m fine for wage theft

ANDREW MCKEAN  |  FRIDAY, 16 FEB 2024
... Michele O'Neil. "Congratulations to the union that stood by Commonwealth Bank workers and can finally see them win justice," she said. "Wage theft robs working people of money they are rightfully owed and denies them the ability to buy the necessities ...

Jailed adviser permanently banned by ASIC

JAMIE WILLIAMSON  |  TUESDAY, 13 FEB 2024
... engages in credit activities, whether alone or alongside others. The ban took effect on February 5. When Sebo was convicted, Justice Lonsdale said: "I find that the offending was not just opportunistic. It was planned and it was persistent." "You deliberately ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
... allegedly telling members it divested its Russian investments when it did not do so. Today, the International Court of Justice (ICJ), the UN's top court, will issue a ruling on Ukraine accusing Russia of falsely claiming that the former was committing ...

Standalone laws key to solving legislative 'porridge': ALRC

JAMIE WILLIAMSON  |  FRIDAY, 19 JAN 2024
... with complying with the law, and make it easier for consumers to understand and enforce their rights," ALRC president Justice Mordy Bromberg said. "These laws provide the legal and economic infrastructure of the financial services industry. The reforms ...
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