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Showing 311 - 320 of 685 results for "Proceedings"

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 ...

OneVue to take Taiping to court

KANIKA SOOD  |  THURSDAY, 6 AUG 2020
OneVue will file court proceedings against Taiping Trustees to assert its right to about $9.4 million sale proceeds of Madison Financial Group and Sequoia shares. The ASX-listed company said its preference is still to resolve the matter out of courts ...

AMP, BT and CBA to face class action

ELIZABETH MCARTHUR  |  FRIDAY, 31 JUL 2020
... Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank. Proceedings have already been filed against AMP, which AMP says it will defend. The proceedings relate to financial advisers aligned ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... 1MDB. By accepting the deal, the Malaysian government has agreed to drop charges against the bank and will cease civil proceedings against 17 of the Goldman Sachs' current and former directors.

Westpac discovers additional transaction irregularities

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... TTR issues." Westpac is expected to cough up a $1.5 billion penalty over the breaches arising from the AUSTRAC civil proceedings brought against it in November 2019, and is also currently being investigated by both the prudential and corporate watchdog. ...

Domestic violence super reforms stall

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... cost and time it takes to have full oversight of superannuation balances and prevent the deliberate stalling of court proceedings and non-disclosure of assets by former partners," she said. Industry super fund HESTA partnered with WLSV late last year ...

UBS to cough up $14m over bond bungle

ALLY SELBY  |  THURSDAY, 23 JUL 2020
... in disgorgement of ill-gotten gains, as well as over US$1.5 million in prejudgment interest. The SEC also settled proceedings against two UBS representatives; William Costas and John Marvin over the flipping charges. "The SEC's order finds that Costas ...

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 ...

Administrators appointed to iProsperity

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
... stabilising the iProsperity Group and commencing a full and thorough investigation into its affairs, including certain court proceedings that remain on foot," Cor Cordis partner Barry Wight said. "It remains too early to determine whether a viable restructure ...