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Showing 811 - 820 of 2457 results for "Court"

Link faces another lawsuit

KARREN VERGARA  |  TUESDAY, 9 MAR 2021
... to respond to the letter. If Link does not agree to compensate investors, Leigh Day will commence proceedings to the High Court. Law firm Harcus Parker is also suing Link, alleging that Link failed to ensure investors could redeem their shares on request ...

Mainstream to be acquired for $170m

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... affecting its US hedge fund administration subsidiary. "The proposed settlement is on a no admission of liability basis, and if court approval is received, the settlement amount will be paid within five days of receiving court approval. This matter did ...

Westpac exec goes part-time

ANNABELLE DICKSON  |  TUESDAY, 9 MAR 2021
... relating to breaches of anti-money laundering and counter terrorism laws. The bank also had its appeal dismissed by the High Court of Australia regarding two of its subsidiaries providing unlicensed personal financial advice. In addition, APRA's review ...

Aware Super, Macquarie to acquire Vocus

ELIZA BAVIN  |  TUESDAY, 9 MAR 2021
... exceptional service to our customers." The agreement is conditional on the approval from shareholders, regulators, and the court, amongst other things.

Mayfair 101 wins case, questions remain

ELIZABETH MCARTHUR  |  MONDAY, 8 MAR 2021
... Mayfair 101 director James Mawhinney said the case should highlight that his staff "acted compliantly at all times". "The Court has also recognised our right to suspend redemptions. It was inhumane for us and our noteholders that ASIC used the excuse ...

Former adviser charged over fabricated information

JAMIE WILLIAMSON  |  FRIDAY, 5 MAR 2021
... Wealth and finally an authorised representative of Libertas Financial Planning. Nesseim appeared before Downing Centre Local Court on March 2, charged with 16 offences including dishonest conduct, fabricating evidence and providing false information ...

Dover, McMaster hit with $1.4m penalty

KARREN VERGARA  |  FRIDAY, 5 MAR 2021
... Financial Advisers and its founder Terry McMaster have been ordered to pay over $1.4 million in penalties by the Federal Court of Australia. Justice O'Bryan imposed a $1.2 million penalty on the defunct financial advice firm based on 19,402 contraventions ...

Clime, Bristow to face court

ELIZABETH MCARTHUR  |  FRIDAY, 5 MAR 2021
... executive has progressed, with a hearing now scheduled for August. Clime Investment Management and Rod Bristow will face court over claims of unfair dismissal made by the firm's former chief investment officer, Anthony Golowenko. Golowenko, who has just ...

ASIC takes Statewide Super to court

JAMIE WILLIAMSON  |  THURSDAY, 4 MAR 2021
... alleged Statewide Super charged insurance premiums to members who didn't hold group cover. ASIC has commenced Federal Court proceedings against the South Australia-based industry superannuation fund, alleging that between May 2017 and June 2020 the ...

ASIC takes action against Rest

JAMIE WILLIAMSON  |  TUESDAY, 2 MAR 2021
... industry superannuation fund for misleading and deceiving members in relation to switching super funds. ASIC has taken Federal Court action against Rest for false or misleading representations made about members' ability to transfer their superannuation ...