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Showing 101 - 110 of 2451 results for "Court"

Cbus agrees to pay $23.5m fine

ELIZA BAVIN  |  FRIDAY, 31 OCT 2025
... better serve our members moving forward." Both parties submitted a Statement of Agreed Facts and Admissions with the Federal Court on October 28 and is listed for hearing on November 13 for the court to approve. ASIC launched legal proceedings against ...

James Mawhinney launches another appeal

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... appealing the Federal Court's decision to bar him from dealing in financial products for 15 years. Last month, the Federal Court upheld a previous decision to ban Mawhinney from receiving or soliciting funds in connection with a financial product ...

Canadian pension giant sued over alleged climate failures

JAMIE WILLIAMSON  |  TUESDAY, 28 OCT 2025
... manager has been sued for alleged mismanagement of climate risk. In July 2018, an individual member took super fund Rest to court, claiming it was unclear what the fund was doing in response to climate change. In 2020, the case was dismissed after Rest ...

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... been banned from working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents or employees" from carrying on any business ...

UGC auditor 'comprehensively failed', registration stripped

JAMIE WILLIAMSON  |  MONDAY, 27 OCT 2025
... gatekeepers, and when they fail in their duties, the consequences for investors can be severe," ASIC deputy chair Sarah Court said. The AFCA membership of UGC has been temporarily reinstated so that impacted investors can make complaints through until ...

Macquarie to shed more than 240 investment options

KARREN VERGARA  |  FRIDAY, 24 OCT 2025
... investors. The move comes at the fallout of the Shield Master Fund. ASIC and Macquarie are now battling it out in the Federal Court as the regulator alleges MIM did not act efficiently, honestly and fairly when it failed to place Shield on a watch list. ...

ASIC bans adviser attached to UGC, MWL

ELIZA BAVIN  |  THURSDAY, 23 OCT 2025
... services law," ASIC said. The banning order took effect from 25 August 2025. Last month, ASIC deputy commissioner Sarah Court told a parliamentary committee that the regulator has identified around 140 financial advisers who were involved in super switching ...

Federal Court dismisses Freedom Insurance staff allegations

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
The Federal Court has dismissed ASIC's claims that a former Freedom Insurance director and staff member were engaged in shocking and harmful sales tactics. Judge Goodman did not accept ASIC's claims that former director Keith Cohen and quality ...

Former Statewide Super executives acquitted

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... Corporations Act. This month, both Netting and Eastwood were acquitted of all charges following a trial in the District Court of South Australia. Financial Standard understands Eastwood was dismissed by the jury while Netting made a successful no case ...

Feature: Compliance | Passing the buck

ELIZA BAVIN  |  WEDNESDAY, 15 OCT 2025
... demonise all financial advisers. There's a lot of blame to go around here," Longo says. However, deputy commissioner Sarah Court did note that around 140 advisers are on an internal list at ASIC that have either had action brought against them, are ...