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Showing 301 - 310 of 683 results for "Proceedings"

Interim insolvency protections extended

KARREN VERGARA  |  THURSDAY, 10 SEP 2020
... company, according to solvency management firm Worrells. Once a statutory demand expires, the creditor can commence court proceedings to wind up a company. "Under the temporary measures, the minimum debt to issue a statutory demand increased from $2,000 ...

ASIC can use RC evidence in RI Advice case

ELIZABETH MCARTHUR  |  WEDNESDAY, 9 SEP 2020
... alleged inappropriate advice uncovered as part of the Royal Commission is ongoing. Separately, ASIC recently commenced proceedings in the Federal Court against RI Advice for failing to have adequate cyber security systems.

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 ...

Fund manager charged with fraud

ALLY SELBY  |  FRIDAY, 4 SEP 2020
... hedge fund faces civil and criminal charges in the US, after it was found he abused his position in the bankruptcy proceedings of luxury retailer Neiman Marcus Group. The Securities and Exchange Commission has charged Daniel Kamensky with violating anti-fraud ...

Count Financial faces class action

ANNABELLE DICKSON  |  FRIDAY, 4 SEP 2020
Class action proceedings have been filed against Count Financial, a former subsidiary of Commonwealth Bank of Australia after contravening its obligations under the Corporations Act. The proceedings filed by Piper Alderman in the Federal Court of Australia ...

ASIC drops CBA investigation

ALLY SELBY  |  THURSDAY, 27 AUG 2020
... the fresh allegations in a submission to the Federal Court. In June 2018, the Commonwealth bank settled the civil proceedings brought against it by AUSTRAC for $700 million, as well as AUSTRAC'S legal costs of $2.5 million - almost double what it had ...

Another AMP worker recounts campaign of harassment

ELIZABETH MCARTHUR  |  WEDNESDAY, 26 AUG 2020
... broken down, isolated and bullied." O'Neill read to the Senate that the whistleblower reported that after two months of proceedings on the matter she was given an unsigned report which declared her manager had made a serious transgression against her. ...

ASIC takes action against RI Advice

ELIZABETH MCARTHUR  |  FRIDAY, 21 AUG 2020
ASIC has commenced proceedings in the Federal Court against RI Advice for failing to have adequate cyber security systems. ASIC said its action is in response to a number of alleged cyber security breaches through authorised representatives of RI Advice. ...

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 ...

Class action over YouTube fundie fallout

ELIZABETH MCARTHUR  |  FRIDAY, 7 AUG 2020
... approached us for help. With sufficient numbers and litigation funding and ATE insurance in place, RGL will commence legal proceedings on behalf of a significant number of Woodford investors," RGL Management said. "There will be claims for losses sustained ...