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Showing 131 - 140 of 366 results for "Supreme Court"

ASIC takes Macquarie to court over van Eyk fund

ALEX BURKE  |  THURSDAY, 23 JUN 2016
ASIC has commenced proceedings against Macquarie Investment Management in the Supreme Court of New South Wales. ASIC's legal action relates to Macquarie's role as the responsible entity for the van Eyk Blueprint International Shares Fund and $30 million ...

Synchron lands payroll tax win

KERRIE SYDEE  |  TUESDAY, 14 JUN 2016
... not employees or relevant contractors for payroll tax purposes. Synchron requested the matter be referred to the Supreme Court, with the matter set for trial in February 2017, however on 1 June, Synchron's lawyers forwarded a letter from the SRO Victoria ...

ASIC permanently bans ex-HSBC, ANZ planners

KERRIE SYDEE  |  MONDAY, 30 MAY 2016
... adviser Kenneth David Drake was banned after pleading guilty and being convicted of two counts of stealing in the Supreme Court of Tasmania on 5 April 2016. Drake was charged after stealing $940,935 from two elderly clients of his financial services ...

MFSIM execs use $143.5m in client money to repay debts

KERRIE SYDEE  |  TUESDAY, 24 MAY 2016
... Management (MFSIM), now known as ACN, have been found liable for breaching their directors' and officers' duties by the Supreme Court of Queensland. The MFS Group, subsequantly known as Octaviar, collapsed in 2008 owing $2.5 billion. ASIC launched civil ...

Property spruiker banned for providing unlawful advice

MARK SMITH  |  TUESDAY, 20 OCT 2015
The Supreme Court of NSW has restrained a property business for providing unlawful advice to clients who wanted to purchase investment properties through an SMSF. The judge found that Park Trent Properties Group had been unlawfully carrying on a financial ...

Failure to monitor ESG may breach fiduciary duty

LAURA MILLAN  |  FRIDAY, 4 SEP 2015
A United States Supreme Court ruling has cleared the way for actions against institutions that fail to monitor the effects that climate change has on their portfolios. The Supreme Court held on 18 May 2015 that trustees have a fiduciary duty, emanating ...

Future Fund and AustralianSuper settle court case

LAURA MILLAN  |  THURSDAY, 18 JUN 2015
... own portfolio during a 6-month analysis. Documents released by the Future Fund when it lodged its defence to the Supreme Court of Victoria revealed that the sovereign fund's senior executives David Neal and Mark Burgess had met with AustralianSuper chief ...

Plan sponsors have fiduciary obligations: SCOTUS

ALEX DUNNIN  |  THURSDAY, 21 MAY 2015
In a case that is expected to send shock waves through the US workplace superannuation market, the US Supreme Court has agreed that 401(k) sponsors have a fiduciary obligation to not just monitor their funds but remove underperforming or excessively ...

Court approves Great Southern settlement

AAP  |  FRIDAY, 12 DEC 2014
... agricultural projects manager, which raised $1.8 billion and managed 45 investment schemes, collapsed in 2009. Victorian Supreme Court Justice Clyde Croft approved the settlement yesterday, agreed to by Bendigo and Adelaide Bank and about 2,000 of its ...

Former Moody's analyst guilty of insider trading

MARK SMITH  |  MONDAY, 8 DEC 2014
... price-sensitive announcements. The total profit made from the trades was $184,408.20. The pair each pleaded guilty in the Supreme Court of NSW to two insider trading charges which occurred between 10 and 14 November 2006. The pair admitted that Joffe ...