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Showing 171 - 180 of 770 results for "Federal Court"

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... Tuesday, November 16 alleging contempt of court by Mawhinney. The over 800 pages of documents filed by ASIC in the Federal Court were allegedly not made available to Roberts Gray Lawyers until 5:39pm that same day. "It appears ASIC has rushed out to ...

AMP in enforceable undertaking

JAMIE WILLIAMSON  |  TUESDAY, 16 NOV 2021
... (SIS Act). According to documents, the CEU does not intend to deal with issues that are currently the matter of Federal Court Action, such as the continued charging of insurance premiums and financial advice fees to deceased members. However, APRA has ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
ASIC filed a contempt application in the Federal Court against James Mawhinney, the founder of Mayfair 101. The contempt order is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned ...

PM Capital forges ahead with LIC merger

KARREN VERGARA  |  FRIDAY, 5 NOV 2021
... Capital Global Opportunities Fund (PGF) to take over the PM Capital Asian Opportunities Fund (PAF). This follows a Federal Court order that states PAF should convene and hold a meeting with its shareholders to allow them to vote on the merger. PAF directors ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
... his recommendation to switch client funds from existing financial products into the fund, ASIC said. In 2019, the Federal Court also ordered the registered scheme operated by Endeavour and the unregistered scheme operated by Linchpin, the Investport ...

ASIC shuts down unlicensed investment scheme

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... members is in the process of being shut down by ASIC. ASIC obtained interim orders and injunctions from the Queensland Federal Court in against A One Multi Services and its Gold Coast-based directors Aryn Hala and Heidi Walters. Hala allegedly told investors ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
... engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial Group (EP1) to the Federal Court, and also named subsidiary Dixon Advisory and Superannuation Services in the lawsuit for their alleged involvement in providing ...

CBA pleads guilty to selling junk insurance

ANNABELLE DICKSON  |  MONDAY, 1 NOV 2021
... referred the matter to the Commonwealth Department of Public Prosecutions, which will prosecute the case in the Federal Court at a later date. CBA's conduct was revealed during the Royal Commission and was the subject of a case study in the final report ...

ASIC sues former Freedom Insurance staff

KARREN VERGARA  |  MONDAY, 25 OCT 2021
A former Freedom Insurance director and consultant will head to Federal Court for their alleged involvement in aggressive sales tactics. ASIC has commenced civil penalty proceedings against former Freedom Insurance managing director of Keith Cohen and ...

Former Dover adviser banned

ANNABELLE DICKSON  |  THURSDAY, 21 OCT 2021
... ASIC ordered Dover Financial Advisers and its founder Terry McMaster to pay over $1.4 million in penalties by the Federal Court of Australia.