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Showing 91 - 100 of 957 results for "Federal Court"

Decade-long ban for UGC director upheld

MATTHEW WAI  |  WEDNESDAY, 13 AUG 2025
... superannuation 'health check,'" ASIC said at time of banning. Subsequently, ASIC obtained interim orders from the Federal Court freezing the assets of UGC and its authorised representative Global Capital Property Fund (GCPF). The entity entered ...

Former Kerr Neilson staffer pleads guilty to insider trading

KARREN VERGARA  |  WEDNESDAY, 13 AUG 2025
... technology, which tracks suspicious trading activity in real time. The matter has been listed for mention in the Federal Court on September 5 and is being prosecuted by the Office of the Director of Public Prosecutions. This is also one of the first ...

InterPrac hit with $22m in AFCA complaints

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
... circumstances, and that no view has been formed on the merits of any complaint," the firm said. In February, the Federal Court acted against Osama Saad and Ferras Merhi over their potential involvement. Financial adviser Merhi was licensed through InterPrac ...

ASIC loses appeal against Finder Wallet

MATTHEW WAI  |  FRIDAY, 25 JUL 2025
The Federal Court has dismissed ASIC's appeal in the Finder Wallet case relating to the defunct crypto-asset related product Finder Earn. Wallet Ventures (previously known as Finder Wallet) is an AUSTRAC-registered digital currency exchange. The ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... associated with ASIC and APRA, when it did not. Beresford also established Asset Capital Holdings in September 2020. The Federal Court froze his funds and ordered the winding up of his two unlicensed financial services businesses. On 27 June 2024, Beresford ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
ACBF Funeral Plans has been ordered by the Federal Court to pay an additional $3.5 million penalty for misrepresenting that it was Aboriginal owned or managed when it was not. ACBF, a wholly owned subsidiary of Youpla Group (then ACBF Group), offered ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... director James Mawhinney has been associated with or involved in contraventions of the law by his companies, the Federal Court determined. The contraventions concern the marketing of three products - the M+ Fixed Income Notes, M Core Fixed Income Notes ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
... slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds of thousands of Australians who it alleges were charged excessive insurance premiums within ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
... a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary Limited (N.M. Super) and has also been commenced against ...

Banned director sentenced for running financial services firm

JAMIE WILLIAMSON  |  THURSDAY, 3 JUL 2025
... and fined $6000. He was permanently banned the following year, and ASIC then filed a contempt application in the Federal Court. Now, Fuoco has been convicted on 18 charges of contempt and sentenced to 12 months' imprisonment, with Justice Horan saying ...