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Showing 21 - 30 of 49 results for "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 ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... halt before confirming that he remains in the lead role. After that announcement, Allan Gray portfolio manager Simon Mawhinney told Financial Standard that he believes AMP Capital will separate from AMP with or without Ares. He added that if the Ares ...

De Ferrari hasn't resigned: AMP

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... but still remained employed by the company and received substantial pay cheques. Allan Gray portfolio manager Simon Mawhinney, who holds AMP Limited shares in his fund, did not attach much importance to the events. "It is too bizarre and very unexpected. ...

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 ...

ASIC winds up Mayfair 101 debenture issuer

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
... wind up. The is the first outcome arising from ASIC's ongoing actions against Mayfair 101 Group and its director James Mawhinney. Said Jahani and Philip Campbell-Wilson of Grant Thornton have been appointed as liquidators. M101 Nominees raised approximately ...