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Showing 101 - 106 of 106 results for "Federal Court of Australia"

Federal Court declares National Exchange offer deceptive

The Federal Court of Australia has declared that an unsolicited offer to OneSteel shareholders by National Exchange Pty Limited, and its sole director Mr David Tweed, is misleading and deceptive. Justice Finkelstein made declarations that the offers ...

NAB Wealth Management companies to pay $67 million in investor compensation

... (NAFiM), National Australia Superannuation Pty Ltd (NAS) and MLC Nominees Pty Ltd to ASIC and to the Federal Court of Australia. ASIC chairman David Knott said these undertakings also address ASIC's concerns that investors did not receive adequate and ...

National Exchange, David Tweed in court over OneSteel offer

... shareholders in OneSteel Limited, or from acting on any acceptances already received. ASIC took action in the Federal Court of Australia alleging the offer by National Exchange was misleading and deceptive. ASIC alleges that the offers do not make it ...

Tower Australia to repay policyholders

... Tower Australia Ltd has been ordered to repay policyholders $600,000, following a ruling today by the Federal Court of Australia. The court found Tower had engaged in misleading and deceptive conduct by including incorrect redemption or withdrawal benefits ...

ASIC takes action against Bosnian-based insurer

... behalf of Bosnian-based insurer Grand Osiguranje AD Zvornik (Grand). ASIC obtained interim orders in the Federal Court of Australia against Nikola Banicevic, AMCO Insurance Management Group, AMCO Group Pty Ltd, ACC AMCO Consortium Company and United ...

ASIC takes action on Melbourne-based share dealer

... was conducted on Friday May 16 following a seven-day injunction obtained by National Exchange in the Federal Court of Australia, to give Tweed additional time to prepare his submissions to ASIC. Anybody who receives an unsolicited offer from National ...