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| | | The Australian Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court to freeze the assets of the Shield Master Fund (Shield), a registered managed fund overseen by Keystone Asset Management. ASIC said it sought ... |
| | | | ASIC is appealing the Federal Court's recent decision to not issue a penalty to Block Earner after it was found to have provided unlicensed financial services. In November 2022, ASIC commenced civil penalty proceedings against Block Earner, which offered ... |
| | | | The Financial Advice Association Australia and members say the super lobby group should formally apologise for its recent remarks about "dodgy financial advisers." Earlier this week, the Super Members Council (SMC) renewed calls for anti-hawking legislation ... |
| | | | The Federal Court has denied Keybridge Capital's appeal against Wilson Asset Management (WAM) and ordered them to pay costs in a court battle that has been dragging out for four years. In June 2020, Keybridge launched legal proceedings against WAM alleging ... |
| | | | ... investments that posed a risk to the environment and the community, including gambling, coal mining, and oil tar sands. Court documents showed that Active Super said it wouldn't invest in companies deriving more than 10% of their revenue from gambling. ... |
| | | | ... million per annum run rate in FY25, capital release of $10 million expected by the end of the calendar year contingent on court approval and within the implementation budget of $22 million," it said in an announcement. EQT confirmed it would be acquiring ... |
| | | | The Federal Court has absolved Block Earner from paying a penalty for trading without a financial services licence, which ASIC believes should have been $350,000. While Judge Jackman determined that while Block Earner, which invested in cryptocurrency ... |
| | | | ... victims sought compensation for the pain and suffering endured from the abuse inflicted upon him when he was a teenager. The Court found the victim was a "happy and well-adjusted" young man before the abuse, and a psychiatrist said they reported "significant ... |
| | | | ... after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting several fraudulent applications ... |
| | | | ... expenses, and business expenses of Refocus. Following an ASIC investigation, he appeared before the Maroochydore District Court and entered pleas of guilty to nine counts of fraud totalling $652,500. He was sentenced to six years imprisonment with eligibility ... |
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