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Showing 31 - 40 of 163 results for "Legal action"

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
Link Fund Solutions is the subject of a new group action in England related to the now infamous Woodford fund failure. Law firm Leigh Day has served the action after it and another firm, Harcus Parker, had applications for a Group Litigation Order regarding ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...

AMIST criticised for SPC investment

ELIZABETH MCARTHUR  |  THURSDAY, 10 FEB 2022
... exploitation, including refusing toilet breaks and creating sham training courses. In addition, they are currently in legal action facing a large class action against them over wage theft," the victims group said. "Members of AMIST and the [Australasian ...

Former WA adviser charged with dishonest conduct

CHLOE WALKER  |  TUESDAY, 23 NOV 2021
... been charged with engaging in dishonest conduct, following an investigation by the regulator. ASIC alleges in its legal action that in 2014, Fong via Fong Financial Planners acted dishonestly while he was an authorised representative of AMP. It says ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
... made a YouTube apology for its troubles. Leigh Day partner Boz Michalowska said: "This is a big step forward in the legal action which we hope will allow investors of the Woodford Equity Income Fund to get justice and their hard-earned pensions and savings ...

ASIC settlement hits E&P profits

KANIKA SOOD  |  TUESDAY, 24 AUG 2021
... $83.9 million (down 5%) on back of softer brokerage revenue and lower contribution from Dixon Advisory during the legal action. It ended FY21 with $24.4 billion in total funds under advice which is 22% higher than FY20. E&P Capital reported net revenue ...

NAB denies underpaying full-time workers

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
... FSU does not impact full time colleagues," NAB said in a statement, addressing media reports that the FSU is taking legal action against the bank in the Federal Court. "NAB has identified 3200 current and former colleagues impacted by the part time issue. ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... their full balance out. In a statement the super fund said it is disappointed with ASIC's decision to launch legal action over a matter that was self-reported by the fund and for which members are being remediated. The fund said the proceedings relate ...

IFM impersonated in scam

ELIZA BAVIN  |  THURSDAY, 14 JAN 2021
... An IFM spokesperson told Financial Standard : "These allegations are false and as these matters are the subject of legal action it's not appropriate to comment further."

PNG super fund to evict settlers

JAMIE WILLIAMSON  |  WEDNESDAY, 13 JAN 2021
... where Nambawan Super has encountered a series of bureaucratic difficulties with one title still being subject to legal action," the fund said. "But with these three key titles no longer in doubt, our team is readying to progress development." Nambawan ...