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Showing 311 - 320 of 816 results for "Settlement"

Disgraced lobbyist charged

ALLY SELBY  |  FRIDAY, 26 JUN 2020
... serving as a public company officer or director," the regulator said. Subject to court approval, Abramoff has agreed to a settlement imposing permanent injunctions, officer and director, industry and penny stock bars. He will be forced to pay back the ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... dispute with Platinum Investment Management over the use of the word "platinum" in the Mayfair Platinum brand. The settlement requires Mayfair 101 to cease using its Mayfair Platinum brand name from 30 June 2020. Platinum Investment Management launched ...

Sargon liquidators in talks with litigation funder

KANIKA SOOD  |  MONDAY, 15 JUN 2020
... funding from a litigation funder. Talks with a litigation funder are ongoing. The liquidators are likely to take any settlement proposal (laying out the litigation funders' cut of recovered, which will pre-empt the debt payouts) to Sargon's creditors. ...

Rest climate change trial delayed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
... Mediation in the case is to occur by August 28, however Financial Standard understands this is unlikely to result in settlement. The case, in which McVeigh is represented by Equity Generations Lawyers principal lawyer David Barnden, could set a precedent ...

Calastone inks JP Morgan deal

HARRISON WORLEY  |  THURSDAY, 28 MAY 2020
JP Morgan Asset Management's trading and analytics platform is set to be powered by the automation capabilities of Calastone, after the two firms formed a partnership. Calastone has added the business of JP Morgan Asset Management to its money markets ...

Receivers appointed to Mayfair 101 entity

ELIZABETH MCARTHUR  |  WEDNESDAY, 27 MAY 2020
Receivers have been appointed to Mayfair 101's IPO Wealth, with Mayfair slamming the decision by the trustee and claiming this won't harm its Dunk Island development. Vasco Trustees Limited, the trustee of IPO Wealth, advised that on 22 May ...

IOOF settles class action

JAMIE WILLIAMSON  |  MONDAY, 25 MAY 2020
... they chose) and that there would be major investors involved. The law firm was set to take a 27.5% cut of the total settlement, according to guidance provided to shareholders at the time.

Litigation funders will need AFSLs

ELIZABETH MCARTHUR  |  FRIDAY, 22 MAY 2020
Litigation funders will be regulated under the Corporations Act and required to hold an Australian financial services licence, Treasurer Josh Frydenberg announced today. The Treasurer said the government wants litigation funders to be subject to greater ...

Boom time for exchanges

KANIKA SOOD  |  THURSDAY, 21 MAY 2020
... markets became more volatile. Exchanges generate their revenues from trading-related fees (like transaction, clearing, settlement, depository and broker services) and non-trading-related fees (like data and listings). As volatility spiked with COVID-19's ...

TradeFloor acquires tech solutions

ALLY SELBY  |  MONDAY, 11 MAY 2020
... seven years, [OpenMarkets] boasts 57,000 clients and is the largest independent, non-bank aligned ASX Clearing and Settlement Participant," it said. "Tchourilov and Janiczak have acquired a 50% stake of OpenMarkets Group, which now includes TradeFloor ...