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Showing 31 - 40 of 152 results for "District Court"

ASIC announces sizeable prosecution list

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... 2020 and one half-year financial report for the half year ending 31 December 2019. The matter was committed to the District Court for a sentence mention on 23 September 2022. Financial reports provide shareholders, creditors and the public with important ...

Former adviser pleads guilty to fabricating evidence

ANNABELLE DICKSON  |  THURSDAY, 18 NOV 2021
... in a hearing before an ASIC delegate. He has been granted conditional bail and has been committed to the Sydney District Court for sentencing on December 10. Nesseim was permanently banned from providing financial services in 2018 and later banned from ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
... fund investment house acquired in 2007 as part of a consortium. The class action was filed in the United States District Court in the Northern District of Georgia with Ramon Dickerson as the lead plaintiff. Along with IFM, CDPQ Colonial Partners, KKR-Keats ...

Former adviser jailed for six years

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... adviser will spend six years in prison for stealing nearly $3 million of clients' superannuation money. The District Court of New South Wales found Ross Andrew Hopkins, from Killara, guilty of 15 offences. Hopkins was the sole director of QWL, a ...

ANZ, CBA settle class action

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... the trading of bank bill swap (BBSW) products in 2016. The class action commenced in 2016 in the United States District Court for the Southern District of New York against ANZ, CBA, NAB and Westpac and other global banks. The class action alleged the ...

Mainstream to pay $5.1m settlement

KARREN VERGARA  |  FRIDAY, 19 FEB 2021
... its US hedge fund administration subsidiary. The ASX-listed firm said it agreed to pay US$3.95 million to a US District Court-appointed receiver of a legacy client it acquired in September 2016 but did not divulge further details about the matter. It ...

Former adviser pleads guilty to theft, dishonesty

KANIKA SOOD  |  TUESDAY, 22 DEC 2020
... (formerly Nigel Flowers) pled guilty to one charge each of dishonesty and theft at Sydney's Downing Street District Court, in relation to advising clients on a failed IPO raise from which he redirected their funds. Following the guilty plea, he will ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... defined contribution plans that are the primary form of retirement savings in the US. The lawsuit was filed in the district court in the western district of North Carolina by several law firms including Capozzi Adler and Shepherd Finkelman Miller & S ...

Former adviser pleads guilty to stealing client funds

ELIZA BAVIN  |  WEDNESDAY, 18 NOV 2020
... Local Court, where he pleaded guilty to 15 offences under the Corporations Act and was committed to the Sydney District Court for sentencing. The case against Hopkins alleged that between 14 October 2016 and 8 October 2019, Hopkins, the sole director ...

Westpac settles two class actions

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... laundering under the eyes of AUSTRAC on October 29. The law firm filed the class action in January this year at the US District Court for Oregon on behalf of investors who purchased Westpac shares between 11 November 2015 and 19 November 2019. The law ...