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Showing 51 - 60 of 71 results for "Settlement of"

PIS to pay $5.9m to Westpoint investors

ASIC RELEASE  |  MONDAY, 2 NOV 2009
The Federal Court of Australia has approved the settlement of an ASIC-initiated compensation claim to PIS clients who were advised to invest in failed Westpoint Group - ordering PIS to pay $5.9 million to these clients. The court approved a distribution ...

PIS in Westpoint compensation deal

ASIC RELEASE  |  TUESDAY, 15 SEP 2009
... compensation relating to financial advice given by PIS to clients to invest in the failed Westpoint Group of companies. The settlement of the proceeding is subject to the approval of the Court. ASIC commenced action against PIS in December 2007 alleging ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 JUL 2009
... Investments Ltd. Creditors of failed stocklending firm Opes Prime will meet to consider whether to accept a $253 million settlement of their claims from Opes Prime's bankers. On Thursday, the Australian share market closed flat after falling bank stocks ...

Nominations open for inaugural ACSA awards

COMPANY RELEASE  |  MONDAY, 1 DEC 2008
... and other institutional investors. Members provide traditional custody services such as safekeeping of assets and settlement of trades, as well as a range of portfolio administration services such as valuation, unit pricing, unit registry, regulatory ...

OFG banks on bonds and property

RUTH LIEW  |  TUESDAY, 15 JUL 2008
... noted the statement. Meanwhile Property Funds Management will also be receiving added attention from the group. The settlement of the 51 per cent acquisition in specialist unlisted property trust manager Eclipse Property Group, along with OFG's 100 per ...

US pension fund to settle suit for $930m

RUTH LIEW  |  FRIDAY, 4 JUL 2008
... Public Employees' Retirement System (CalPERS) fund yesterday announced a proposed $930 million (US$865 million) settlement of a class-action lawsuit against UnitedHealth, a healthcare services group where CalPERS holds 4.9 million shares worth $132 million. ...

East Timor Petroleum fund signs JPMorgan

MICHAEL HOBBS  |  MONDAY, 16 JUN 2008
... Leste, which has $3.09 billion in assets and a monthly inflow of $213 million. JPMorgan will receive and arrange the settlement of trading instructions from external managers and monitor their overall performance in addition to providing fund performance ...

Market Wrap - Midday

AAP  |  MONDAY, 12 NOV 2007
... $13.36. In the news, telecom giant Telstra Corp was four cents cheaper at $4.64 after it a agreed to an out of court settlement of up to $5 million to settle a class action against the telco was announced today in the Federal Court of Australia. Its ...

Perpetual buys remaining 50 per cent of PJF as new property team established

... direct unlisted property products that focus on delivering consistent long-term returns to investors," says Deverall. Settlement of the joint venture will be completed no later than October 2005.

Super fund repays financial assistance

... to the fund by the Commonwealth Government under the Superannuation Industry (Supervision) Act (the SIS Act). The settlement of the debt marks the first time an amount payable of its kind has been refunded. The grant was initially given to the fund under ...