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Showing 41 - 50 of 409 results for "Justice"

Court blocks Merhi from financial services

KARREN VERGARA  |  TUESDAY, 28 OCT 2025
... working in financial services after ASIC successfully obtained interim restraining orders from the Federal Court. Yesterday, Justice Moshinsky restrained Merhi "through his servants, agents or employees" from carrying on any business related to financial ...

Federal court slams director for 'fanciful' asset valuation

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... made by Hodgson and MacroLend, which included making misleading or deceptive claims about investing in Kradle Software." Justice Sarah Derrington said Hodgson's conduct was "very serious", when delivering the judgement. "The requirement to hold an AFSL ...

AMP settles class action for $120m

ELIZA BAVIN  |  MONDAY, 15 SEP 2025
... a result, AMP's superannuation members were alleged to have been overcharged. "This settlement is a major step toward justice for millions of Australians who trusted AMP to safeguard their retirement savings," Maurice Blackburn national head of class ...

Federal Court slaps Mawhinney with 15-year ban

KARREN VERGARA  |  MONDAY, 8 SEP 2025
... Court determined he had a "cavalier attitude to compliance" and was "reckless" in operating his business. Last Friday, Justice Button handed down the final relief, saying that unless he is restrained "there is an unacceptable risk" that Mawhinney will ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
... chapter that many of Marco's investors would rather forget," ASIC deputy chair Sarah Court said. "This result delivers justice to investors who Marco defrauded and speaks to ASIC's painstaking investigation into this complex matter." Marco has been remanded ...

ASIC lands special leave against Block Earner

KARREN VERGARA  |  FRIDAY, 5 SEP 2025
ASIC is persevering in its crusade against Block Earner with the Federal Court granting a special leave to appeal an April decision that found that an AFSL was not necessary to offer a fixed-yield digital asset-related product. ASIC said its appeal ...

NAB fined over $15m for delaying hardship applications

MATTHEW WAI  |  THURSDAY, 14 AUG 2025
... ASFH failed to respond to 345 hardship applications within the 21-day deadline required by law. Handing down her decision Justice Neskovcin said impacts to customers may have been avoided if NAB had provided the affected customers with the required notices ...

1MDB mastermind found in Shanghai with Aussie passport: Reports

JAMIE WILLIAMSON  |  MONDAY, 21 JUL 2025
... subsidiary. Investigations into the 1MDB scandal are being conducted by both Malaysian and US authorities. The US Department of Justice has previously said the embezzled funds were used on everything from a 300-foot luxury yacht to jewellery and artwork. ...

Funeral insurer fined $4.75m

MATTHEW WAI  |  FRIDAY, 11 JUL 2025
... misconduct targeting First Nations people and our work in this case shows exactly why," Longo said. Handing down the decision, Justice Goodman agreed with ASIC's submission that ACBF's misrepresentation was "deliberate and callous and involved egregious ...

James Mawhinney contravened law: Federal Court

KARREN VERGARA  |  FRIDAY, 11 JUL 2025
... Mawhinney's appeal. The matter was remitted back to the Federal Court for another hearing, which was heard before Justice Button between October 2024 and February 2025. On 22 December 2021, the Federal Court ordered four companies in the Mayfair ...