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Showing 31 - 40 of 156 results for "District Court"

Former adviser jailed for nine years

KARREN VERGARA  |  MONDAY, 24 APR 2023
... when the crimes took place, defrauded clients between $60,000 and $745,000 during October 2016 and March 2020, the District Court of New South Wales heard on April 21, only to use the funds to feed his gambling addiction. The hearing detailed how Fineff ...

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
... following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against Zhao and three entities that operate Binance. The complaint also includes Binance former chief compliance officer ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... clients to the insurer had not been met and they risked not being covered by AMP under the relevant policies. The District Court of Western Australia will determine the sentencing date on May 19.

Former financial adviser pleads guilty

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
... charge carries a maximum penalty of five years imprisonment, the second is 15 years. The matter was committed to the District Court of Western Australia for a sentence mention hearing in November. It's being prosecuted by the Commonwealth Director of ...

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 ...