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Showing 51 - 60 of 110 results for "Federal Court of Australia"

S&P hit with historic court decision

ALEX BURKE  |  TUESDAY, 31 OCT 2017
Investors in a class action against S&P have secured a historic win in the Federal Court of Australia, which may have international ramifications for other potential cases against the ratings issuer. The class action, represented by global law firm ...

Sydney RE to pay for false ads

JAMIE WILLIAMSON  |  MONDAY, 17 JUL 2017
The Federal Court of Australia penalised a Sydney-based managed investment services boutique for falsely claiming that its projects were approved by ASIC. Huntley Management operates as a responsible entity and custodian for registered schemes and as ...

Adviser ban upheld by tribunal

KARREN VERGARA  |  TUESDAY, 4 APR 2017
... Financial, between January 2012 and August 2014. He has the right to appeal the AAT's decision to the Federal Court of Australia.

Adviser contravenes FoFA obligations

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
A Melbourne based financial advice provider is to appear in the Federal Court of Australia for alleged contraventions of the Future of Financial Advice obligations. Following an ASIC investigation, Wealth and Risk Management (WRM), and its related companies ...

Federal Court approves Zurich's Macquarie acquisition

ALEX BURKE  |  MONDAY, 26 SEP 2016
Six months after the deal was first made public, the Federal Court of Australia has finally approved Zurich's acquisition of Macquarie Life's risk business. Following the acquisition, Zurich will become Australia's fourth-biggest retail life insurer ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... claim against former directors Simon Tickner and Lisa Darcy following the close of the case in the Federal Court of Australia. In 2014 ASIC began proceedings in the Federal Court seeking financial penalties and banning orders following the collapse of ...

Court fines SMSF admin for "free setup" ads

ALEX BURKE  |  WEDNESDAY, 4 NOV 2015
The Federal Court of Australia has fined Superannuation Warehouse Australia (SWA) for misleading "free setup" advertising. ASIC commenced legal action against SWA in May for advertising self-managed superannuation fund setup services on two separate ...

Liquidator appointed in suicide case

MARK SMITH  |  TUESDAY, 25 AUG 2015
... Perth-based promoter, who is believed to have taken his own life after defrauding investors for years. The Federal Court of Australia has made orders appointing EY partner Vince Smith as a provisional liquidator of Oceanic Asset Management, Oceanic Equities ...

TASA breach costs business $900,000

LAURA MILLAN  |  WEDNESDAY, 27 MAY 2015
... breaches of the Tax Agent Services Act 2009 (TASA) that all financial advisers need to comply with. The Federal Court of Australia ruled against Peter Kolya and his Canberra-based business HP Kolya because they were not registered tax agents. Between ...

ASIC begins legal action against LM Investment Management

MARK SMITH  |  THURSDAY, 20 NOV 2014
... orders following the collapse of the Gold Coast-based fund manager. The civil penalty proceedings in the Federal Court of Australia are against Drake, Francene Maree Mulder, Eghard van der Hoven, Simon Jeremy Tickner, and Lisa Maree Darcy. ASIC alleges ...