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Showing 581 - 590 of 1607 results for "Investigation"

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
... previously paid by Californian-based consumers, as well as an administrative fee to the DBO of US$90,500. Following an investigation into the service, the DBO found Afterpay had provided "illegal loans" to its customers, the majority of which were "young ...

Former Toys "R" Us executives face fraud charges

ALLY SELBY  |  MONDAY, 16 MAR 2020
... the creditor responsible for investigating and bringing claims against the former directors of Toys "R" Us. In its investigation, the creditor uncovered "substantial evidence of wrongdoing". "Toys "R" Us is yet another unfortunate example of corporate ...

Life insurers breach own code consistently

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 MAR 2020
... their Code of Practice hundreds of times in just six months. The Life Code Compliance Committee (LCCC) conducted an investigation and found many insurers breached their commitment to process insurance claims and requests for review within certain timeframes. ...

Aussie at center of international scheme

ELIZA BAVIN  |  TUESDAY, 3 MAR 2020
... consumers financial freedom via a 21-step program so investors could run their own online marketing business. An ongoing investigation came to head last month when, under the terms of a final order, founder McPhee - an Australian citizen living in Malaysia ...

IOOF restructures leadership team

HARRISON WORLEY  |  MONDAY, 2 MAR 2020
... action on behalf of shareholders, with Shine Lawyers launching action against the firm. The law firm conducted an investigation into misconduct which saw it obtain a Federal Court order for IOOF to produce documents related to the alleged misconduct. ...

HUB24 also in line at Sargon

KANIKA SOOD  |  FRIDAY, 28 FEB 2020
HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ...

ASIC turns up the heat on enforcement

HARRISON WORLEY  |  THURSDAY, 27 FEB 2020
... being considered by the Commonwealth Director of Public Prosecutions for potential criminal action, following ASIC's investigation. Seven of the cases referred to the corporate regulator by Commissioner Kenneth Hayne are still being looked into by the ...

Analyst guilty of insider trading

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2020
... from Maple Brown Abbott in early 2018 having breached the fund's code of ethics. ASIC said Ho cooperated with its investigation and had made a formal statement admitting to the offences he was charged with. Big Un was founded in 2012 and listed on the ...

IOOF faces new class action

ELIZABETH MCARTHUR  |  TUESDAY, 25 FEB 2020
... Shine Lawyers today commenced a new class action against IOOF on behalf of shareholders. Shine Lawyers conducted an investigation into misconduct at IOOF which included obtaining a Federal Court order for IOOF to produce documents relevant to the alleged ...

Freedom Insurance appoints liquidators

KANIKA SOOD  |  MONDAY, 24 FEB 2020
... "ASIC has advised us that a final deregistration of the company will not be possible until it has concluded its investigation, the timing of which we are not privy to," it said. "However we have taken all steps reasonably possible to finalise the remaining ...