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Showing 1031 - 1040 of 2460 results for "Court"

Sargon runs out of steam

KANIKA SOOD, JAMIE WILLIAMSON  |  THURSDAY, 30 JAN 2020
... co-founder Last Wednesday, Sargon co-founder Aron D'Souza dragged Kingston and his other company Trimantium to Supreme Court. D'Souza, who sold his stake in January last year, alleged that Kingston had reneged on deferred payments of about $2 ...

Last stand for grandfathered commissions falls over

ELIZABETH MCARTHUR  |  THURSDAY, 30 JAN 2020
... The Association of Independently Owned Financial Professionals has failed to raise the necessary funds to mount its High Court challenge to retain grandfathered commissions. The AIOFP has confirmed the High Court challenge to fight the banning of grandfathered ...

UK regulator fined for pension failure

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
The UK's financial conduct regulator has been hit with a fine for failing to comply with requirements to include sufficient information in a chair's statement to members of its staff pension plan. The Financial Conduct Authority (FCA) has been ...

Class action accuses NAB of super rip-off

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 JAN 2020
... were not losing money on higher fees and unnecessary or unused services." MLC Nominees and NULIS are also facing a Federal Court action from ASIC alleging the trustees misled MasterKey super members. ASIC is alleging that NULIS and MLC deducted approximately ...

Mayfair fights for use of word

ELIZA BAVIN  |  MONDAY, 20 JAN 2020
... of service which Mayfair Platinum's investors receive." Mayfair Platinum filed its defense and cross-claim in the Federal Court on 17 January 2020, stating Platinum Asset Management should never have been allowed to trademark the word in the Financial ...

Superannuation scammer to face court

KANIKA SOOD  |  THURSDAY, 16 JAN 2020
The South Australian Police has arrested an SMSF investment manager who will today face the court with charges for 69 counts of deceptions. The 33-year-old man from Hills was arrested by police on Wednesday following a cybercrime investigation. It is ...

Super fund appoints deputy investments chief

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... against Brown for conspiring to defraud, after he made enquiries about one of the vehicles that the fund was invested in. The court threw out the police's claims early in 2019. Brown was fully supported by NASFUND through the events, Clearview said in ...

The Income Store closed for business

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
The US Securities and Exchange Commission froze the assets of Ken Courtright's company Todays Growth Consultant which also operated as The Income Store. The commission has filed an emergency enforcement action, obtained a temporary restraining order ...

NAB revamps superannuation trustee board

KANIKA SOOD  |  TUESDAY, 14 JAN 2020
... a former Vanguard Australia director and three other non-executive directors to its board, as ASIC chases it in Federal Court. NULIS, which oversees NAB's superannuation funds with $75 billion in assets under management, in December added Steve Schubert ...

US private investment firm appoints first Aussie partner

ALLY SELBY  |  TUESDAY, 14 JAN 2020
... and New York for three years prior to this. He began his career as a lawyer, working as a Judge's Associate at the Federal Court of Australia. Bain Capital Private Equity's Asia-Pacific investments include day care providers Camp Australia and Only About ...