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Showing 271 - 280 of 683 results for "Proceedings"

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... has three months to respond to the letter. If Link does not agree to compensate investors, Leigh Day will commence proceedings to the High Court. Law firm Harcus Parker is also suing Link, alleging that Link failed to ensure investors could redeem their ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... the settlement amount will be paid within five days of receiving court approval. This matter did not involve legal proceedings against the US subsidiary," the fund administrator said.

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation fund, alleging that between May 2017 and June 2020 the fund ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
The corporate regulator has commenced civil proceedings against the industry superannuation fund for misleading and deceiving members in relation to switching super funds. ASIC has taken Federal Court action against Rest for false or misleading representations ...

State Street loses Fearless Girl replica claim

KANIKA SOOD  |  TUESDAY, 2 MAR 2021
... Company and its local subsidiary State Street Global Advisors Australia Limited in 2019 initiated trademark infringement proceedings against Maurice Blackburn and the two superannuation funds. The last hearings were held in February 2020, but the court ...

ASIC drags CommSec to court

ELIZABETH MCARTHUR  |  MONDAY, 1 MAR 2021
ASIC has commenced civil proceedings against CommSec and AUSIEX in the Federal Court. CommSec overcharged brokerage fees to customers on 120,933 occasions totalling $4,352,194 between August 2010 and February 2020, ASIC alleges and CommSec has admitted. ...

ASIC extends olive branch to inside traders

KANIKA SOOD  |  WEDNESDAY, 24 FEB 2021
... conduct in financial services - in exchange for immunity. ASIC says it can offer such individuals immunity from civil proceedings, while working with the Commonwealth Director of Public Prosecution (CDPP) on criminal immunity. This is for some contraventions ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... the settlement amount will be paid within five days of receiving court approval. This matter did not involve legal proceedings against the US subsidiary." In August 2016, Mainstream acquired Fundadministration (now Mainstream Fund Services), a New York-based ...

Continuous disclosure laws to stay

KARREN VERGARA  |  WEDNESDAY, 17 FEB 2021
... to law firm Allens. "While the modifications are welcome, in that they may provide a measure of protection in civil proceedings where a listed company decides against updating the market as to its earnings outlook because of the additional uncertainty ...

High Court dismisses Westpac appeal

JAMIE WILLIAMSON  |  WEDNESDAY, 3 FEB 2021
... won. It is this decision that Westpac appealed in the High Court, a move that was dismissed this morning with costs. Proceedings will now be remitted to the Federal Court for a hearing on penalties, with ASIC saying it will seek orders for financial ...