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Showing 421 - 430 of 727 results for "Proceedings"

AMP class actions consolidated

HARRISON WORLEY  |  MONDAY, 27 MAY 2019
... could not properly test. "I am satisfied that the respective legal teams each have the skill and capacity to conduct proceedings of this kind in the interests of class members," Justice Ward said. "As I have noted (more than once), I consider that the ...

ASIC appoints receiver for derivatives issuer

ELIZABETH MCARTHUR  |  FRIDAY, 26 APR 2019
... appointed to act as joint and several receivers. The regulator says that its investigation is continuing and that proceedings before the court are ongoing. The receivers are expected to report back to the court by the end of May. Berndale was an OTC ...

IFM settles UK sexual harassment case

KANIKA SOOD  |  MONDAY, 15 APR 2019
... of the settlement to be fair, and importantly, do not restrict Ms. Abildgaard from discussing the case." "All legal proceedings will now cease." Abildgaard left IFM and is a trustee at Legal Aid for Business Diversity. Michel-Verdier is still with the ...

IOOF responds to class action

ELIZABETH MCARTHUR  |  FRIDAY, 12 APR 2019
... a class action proceeding filed by Quinn Emanuel Urqhart & Sullivan. On Friday the law firm announced it had filed proceedings against IOOF,based on evidence given at the Royal Commission and legal proceedings brought by APRA against five IOOF executives. ...

ASIC outlines enforcement efforts

ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
In the second half of last year ASIC brought criminal proceedings against nine individuals on 76 charges, with four people imprisoned as a result and $12.7 million imposed in civil penalties. ASIC also disqualified 28 directors and there were 72 instances ...

NAB needs 500 staff for remediation

ELIZABETH MCARTHUR  |  FRIDAY, 29 MAR 2019
... quality of our service, not because someone is going to be paid a fee to recommend us." However, further on in the proceedings Chronican said: "The Introducer Program was obviously a source of considerable embarrassment to NAB in the first round of hearings ...

IOOF faces class action

KANIKA SOOD  |  MONDAY, 18 MAR 2019
... where its subsidiaries gave evidence on breaches of their duties as superannuation trustees. In December, APRA began proceedings against it in the Federal Court. The IFL stock over 35% during this period. "Quinn Emanuel's class action will allege ...

Chief economist update: Be fearful when indicators show no fear

BENJAMIN ONG  |  MONDAY, 18 MAR 2019
... counter-measures by the world's central banks and fiscal authorities. The US Federal Reserve started reversal proceedings by announcing a pause in its quest to bring monetary policy back to normality, punctuated by NY Fed president John Williams' ...

Clayton Utz finally hands AMP notes to ASIC

HARRISON WORLEY  |  MONDAY, 11 MAR 2019
... manager refused to hand the documents over, claiming legal professional privilege. As such, ASIC launched Federal Court proceedings in December seeking to compel Clayton Utz to produce the notes. Clayton Utz delivered the notes to ASIC on Thursday last ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... end of this year. Now why would the Fed do that? Put a pause on all - interest rates and balance sheet tapering - proceedings? Looking only at the indicator at hand - despite its monthly ups and downs, the University of Michigan's three major indices ...