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Showing 991 - 1000 of 2458 results for "Court"

Mayfair 101 accused of misleading advertising

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
ASIC is taking Mayfair 101 to court alleging that the investment manager misled consumers in its advertising. At issue is Mayfair's use of Google Ad Words and Bing Ads as well as claims Mayfair made that ASIC says were false, misleading or deceptive. ...

OneVue marks territory on Sargon sale proceeds

KANIKA SOOD  |  MONDAY, 6 APR 2020
... not to distribute or deal with the total net proceeds of the sale until a further agreement is reached with OneVue or a court determination is made about its entitlements. "OneVue has asserted its unpaid vendor's lien over the shares of both these ...

Charterhill founder incarcerated

ALLY SELBY  |  MONDAY, 6 APR 2020
... former director concern the misappropriation of $1.2 million in assets. Part way through the criminal trial at the District Court of South Australia, Nowak pleaded guilty to 17 counts of aggravated deception and one count of dishonest dealings with documents. ...

COVID-19 sparks renewed fight for commissions

ELIZABETH MCARTHUR  |  MONDAY, 6 APR 2020
... association has previously accused ASIC of prompting institutions to turn off grandfathered commissions early, even when a High Court challenge of the grandfathered commissions ban was on the cards. "LIF, FASEA, the banning of grandfathered revenue and ...

Chant West takes Zenith acquisition to court

KANIKA SOOD  |  MONDAY, 6 APR 2020
Chant West Holdings has filed proceedings in the Supreme Court of New South Wales after Zenith Investment Partners' subsidiary last week pulled out of a planned $12 million purchase of its superannuation business. CW Bidco Pty Limited (the Zenith ...

Shortseller ordered to pay $900,000 by court

KANIKA SOOD  |  THURSDAY, 2 APR 2020
The New South Wales supreme court has ordered Bonitas Research and its principal Matthew Wiechert to pay about $900,000 in damages and costs to ASX-listed Rural Funds Management. Texas-based Bonitas, last August, published a report alleging RFF was ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

Super funds' dirty, poor performing stocks revealed

ELIZABETH MCARTHUR  |  TUESDAY, 31 MAR 2020
... with Market Forces initially assisting with the crowd funding of the legal action, and McVeigh is set to have his day in court later this year. Between September 2019 and March 2020, traffic to Market Forces' super comparison tool increased by 365% ...

Court confirms Storm Financial founders breached duties

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision. The determination wraps up an appeal against the regulator's original decision by ...

Former AMP adviser sentenced

ELIZABETH MCARTHUR  |  FRIDAY, 27 MAR 2020
... deterring dishonest acts such as these," said ASIC Commissioner Danielle Press. As Martin was sentenced in the NSW District Court, the judge was clear in his disapproval of the adviser's actions. Judge Wass said Martin's behaviour was: "Breach ...