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Showing 21 - 30 of 47 results for "James Mawhinney"

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
James Mawhinney's Mayfair 101 Group has been ordered to pay a combined penalty of $30 million for misleading advertising. In handing down the decision, Justice Anderson said the increased penalties were appropriate, noting that those sought by ASIC ...

Complaints filed against ASIC lawyers

JAMIE WILLIAMSON  |  FRIDAY, 19 NOV 2021
Mayfair 101's James Mawhinney has lodged a formal complaint against ASIC's lawyers after they allegedly sent a press release about contempt charges brought against him before he was properly served with proceedings. Mawhinney has filed complaints with ...

Mawhinney lawyer accuses ASIC of trial by media

ELIZABETH MCARTHUR  |  THURSDAY, 18 NOV 2021
Embattled Mayfair 101 founder James Mawhinney's lawyer has accused ASIC of conducting a trial by media. Roberts Gray Lawyers, representing Mawhinney, accused the regulator of issuing a media release announcing contempt proceedings against Mawhinney ...

ASIC files contempt application against Mawhinney

ELIZABETH MCARTHUR  |  TUESDAY, 16 NOV 2021
ASIC filed a contempt application in the Federal Court against James Mawhinney, the founder of Mayfair 101. The contempt order is in relation to allegations that Mawhinney has continued to raise funds through financial products, even though ASIC banned ...

ASIC chases $12m from Mayfair

ELIZABETH MCARTHUR  |  THURSDAY, 7 OCT 2021
... should have to pay approximately $12 million in fines for misleading and deceptive conduct, but Mayfair founder James Mawhinney maintains there was no wrongdoing. ASIC is seeking $12 million in penalties from Mayfair Wealth Partners, M101 Holdings, M101 ...

James Mawhinney files appeal

ELIZABETH MCARTHUR  |  TUESDAY, 15 JUN 2021
Embattled Mayfair 101 founder James Mawhinney is maintaining his innocence, fighting his 20-year ban from soliciting and receiving funds in relation to financial products. Mawhinney has retained Roberts Gray Lawyers and has lodged an appeal with the ...

Mawhinney banned for 20 years

ELIZABETH MCARTHUR  |  MONDAY, 19 APR 2021
The Federal Court has ruled that Mayfair 101 founder James Mawhinney cannot fundraise for or advertise financial products for 20 years. The judgement, delivered this morning, ordered that Mawhinney and any of his employees or any companies he is a part ...

Mayfair found to have misled

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 MAR 2021
... deceptive conduct by claiming its products were comparable to bank term deposits, when they were not." Mayfair founder James Mawhinney responded to the court's finding by saying that it was "not feasible" for Mayfair to defend itself against the "infinitely ...

Mawhinney not dishonest, just irresponsible: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 12 MAR 2021
The corporate regulator has slightly softened its accusations against Mayfair 101 founder James Mawhinney - saying he wasn't consciously dishonest, just irresponsible. During a hearing in ASIC's case against M101 Nominees held on March 9, a lawyer for ...

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... secured under the Security Trust Deed (like a term deposit is) this would have been misleading. Mayfair 101 director James Mawhinney said the case should highlight that his staff "acted compliantly at all times". "The Court has also recognised our right ...