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Showing 11 - 20 of 35 results for "Federal Court proceedings"

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... offences, is alleged to have fabricated evidence related to Berndale funds in overseas bank accounts in Federal Court proceedings. D'Amore and Kirby are also alleged to have made a false statement or submitted false or misleading documents to ASIC ...

BT to wind up Retirement Wrap

JAMIE WILLIAMSON  |  FRIDAY, 24 MAR 2023
... numbers, features and functionality, she added. Asgard Independence Plan Division Two was the subject of Federal Court proceedings brought by ASIC over insurance premiums that were charged to close to 10,000 members, through to 2020. The issue was the ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
... not be aired publicly," Roberts said. "ASIC froze our client's access to funding in two previous Federal Court proceedings which denied them the ability to afford a defence. This gave ASIC a significant unfair advantage in obtaining judgments in ...

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 ...

360 Capital raises bid for Evans Dixon

KANIKA SOOD  |  FRIDAY, 11 DEC 2020
... American real estate fund. Its troubles did not stop. On September 4, ASIC announced it had initiated Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. The firm has since moved ...

ASIC drags Evans Dixon to court

KANIKA SOOD  |  FRIDAY, 4 SEP 2020
The corporate regulator started Federal Court proceedings against an Evans Dixon subsidiary over advice it provided, pushing down shares over 12% by noon. ASIC is alleging a Dixon Advisory representative failed to look after client's best interest ...

ASIC takes action against BTFM, Asgard, StatePlus

JAMIE WILLIAMSON  |  THURSDAY, 20 AUG 2020
ASIC has commenced Federal Court proceedings against BT Funds Management and Asgard over fee-for-no-service conduct and making misleading representations in relation to the fees. It has also launched a similar case against StatePlus. ASIC alleges that ...

ASIC will not appeal wagyu and shiraz decision

ANNABELLE DICKSON  |  THURSDAY, 23 JUL 2020
... Court's rejection ofits case against Westpac for alleged responsible lending breaches. ASIC commenced federal court proceedings against Westpac in 2017 alleging that between December 2011 and March 2015 the bank failed to properly assess whether borrowers ...

Life insurers prepare for grilling

HARRISON WORLEY  |  FRIDAY, 24 APR 2020
... Council of Australia, before moving on to AFCA, Allianz, ClearView and AIA. TAL Life - who is defending Federal Court proceedings brought against it by ASIC relating to a case referred to it by Royal Commissioner Kenneth Hayne - will round out the da ...

NULIS satisfies ASIC requirements

HARRISON WORLEY  |  MONDAY, 16 DEC 2019
... Business Super and MLC MasterKey Personal Super products in 2012 and 2013. ASIC said that while its Federal Court proceedings with NULIS over fees for no service remained ongoing, it was still engaging with the trustee in an effort to improve its operations ...