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Showing 301 - 310 of 816 results for "Settlement"

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... the funding of actions is appropriate," it said. "Most importantly, regulation and oversight should ensure that the settlement of actions is in the interests of the broader class and system improvement, all entities involved in the funding or pursuit ...

Facebook, Google face crypto class action

ANNABELLE DICKSON  |  WEDNESDAY, 26 AUG 2020
... funding for the case from venture capitalists, litigation funders and investors, with claimants to receive 70% of any settlement and funders a 30% cut. The law firm will absorb the costs if the case is unsuccessful. Companies doing business in Australia ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... complete' value of $32.75 million," he said. C12 shareholders should expect a special distribution of sale proceeds upon settlement of the property, he said. Rand Distribution Centre is a purpose-built cold storage facility, currently leased to Rand ...

Bendigo and Adelaide Bank to face fresh class action

ELIZABETH MCARTHUR  |  TUESDAY, 11 AUG 2020
... 2009 and the loans were transferred to Bendigo and Adelaide Bank. The amounts that people owed remained the same. A settlement was reached in 2014 in relation to a previous class action over the Great Southern investment scheme, with the court finding ...

ASX reviewing CHESS replacement feedback

ALLY SELBY  |  THURSDAY, 6 AUG 2020
... ASX over 25 years ago, enabling the conversion of physical shares into an electric format, as well as a move to T+5 settlement (subsequently lowered to T+2 in March 2016) and general efficiency and effectiveness of post-trade processing. The COVID-19 ...

Chi-X TraCRs added to specialist platform

ALLY SELBY  |  WEDNESDAY, 5 AUG 2020
... dividends repatriated at institutional foreign exchange rates, fungibility to the underlying offshore asset and T+2 settlement, which makes this pathway to the US stocks even more attractive." Chi-X Australia chief executive Vic Jokovic welcomed the ...

SelfWealth awards brokerage mandate

ALLY SELBY  |  TUESDAY, 4 AUG 2020
ASX-listed trading platform SelfWealth has renewed its clearing, settlement and execution (CS&E) mandate with retail broker OpenMarkets, in a move that it says demonstrates the two fintech's shared objective of disrupting the status quo. The agreement ...

BNP Paribas adds to custody team

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
... responsible for managing the operations teams of the bank's services to banks and brokers, including custody and settlement. Banks said Meares brings extensive experience of the custody industry, across both product and operations. "With his deep ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... interest totalling US$16,585, as well as a US$25,000 civil penalty. Marvin is set to pay US$27,966 and US$25,000 in the settlement. Both Costas and Marvin have consented to a 12-month limitation on trading negotiated new issue municipal securities.

Financial institution charged over Epstein scandal

ELIZA BAVIN  |  THURSDAY, 9 JUL 2020
... to individuals who were publicly alleged to have been Epstein's co-conspirators in sexually abusing young women; settlement payments totaling over US$7 million, as well as dozens of payments to law firms totaling over US$6 million for what appear ...