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Showing 41 - 50 of 2570 results for "Legal"

ASX shareholder looks to sue directors, officers over CHESS

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2026
... duties in connection to the CHESS project. There are no allegations against ASX itself. A Statutory Derivative Action is a legal process that allows a shareholder or officer to bring a lawsuit on behalf of a company to seek a remedy for a wrong done ...

Super funds should not be asked to fund the CSLR: ASFA

MATTHEW WAI  |  TUESDAY, 11 AUG 2026
The Association of Superannuation Funds of Australia (ASFA) said Australia's Compensation Scheme of Last Resort (CSLR) is the only scheme of its kind worldwide funded from the retirement savings of people who cannot claim from it, and that needs to ...

Former director jailed for misuse of $1.75m

VINNY VUCAGO  |  TUESDAY, 11 AUG 2026
... business exceeding $1 million and clients awaiting refunds totalling about $11.3 million. One client had also commenced legal proceedings to recover a $3 million investment. Equitable Financial Solutions was subsequently placed into liquidation on 26 ...

Sequoia caves into InterPrac sale undertaking, ASIC withdraws proceedings

KARREN VERGARA  |  WEDNESDAY, 5 AUG 2026
With ASIC withdrawing legal proceedings against Sequoia Financial Group after it entered an undertaking not to put the Cross Deed of Guarantee at risk tied to the sale of InterPrac Financial Planning, the group remains coy about the deal with Conquest ...

FAAA calls for rethink on trust tax overhaul

VINNY VUCAGO  |  TUESDAY, 4 AUG 2026
... businesses could be forced to decide whether to retain their trust structures or transition to companies, creating significant legal, tax and administrative costs. It further argues the reforms would disproportionately affect lower and middle-income ...

Perpetual rejects EQT bid again as growth continues

VINNY VUCAGO  |  WEDNESDAY, 29 JUL 2026
... proposal was not in shareholder's best interests after considering the price and other terms with its financial and legal advisers. However, it remains open to engaging with EQT on a non-exclusive basis, subject to a confidentiality and standstill ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
Pengana Capital Group is threatening legal action against Pengana International Equities (PIA) - the Wilson Asset Management-led board LIC - after shareholders overwhelmingly backed a buy-back it objects to, alleging among other things, "material conflicts ...

EQT AB lifts Perpetual bid to $22.50 a share

KARREN VERGARA  |  MONDAY, 27 JUL 2026
... the end of the year. The Perpetual board said it is assessing the latest approach with the assistance of its financial and legal advisers but has not yet formed a view on the merits of the proposal. "No recommendation is being made to shareholders at ...

Former chief financial officer at Rest returns in new role

VINNY VUCAGO  |  THURSDAY, 23 JUL 2026
... Doyle. The newly created role will see Singh-Pangly overseeing strategy, finance, tax, valuations and investment operations, legal and company secretariat, public policy and advocacy, and strategy procurement and facilities. The appointment comes as ...

Crole exits Sequoia effective immediately

KARREN VERGARA  |  WEDNESDAY, 22 JUL 2026
... Financial Group as chief executive effective immediately as the fallout from the Shield and First Guardian master funds and legal action against subsidiary InterPrac Financial Planning rolls on. Crole said his decision is "in the best interests of the ...