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Showing 901 - 910 of 918 results for "Compensation"

ASIC investigation leads to Tasmanian director ban

... Raymond Richards of Sims Partners in Brisbane, have filed proceedings in the Supreme Court of Queensland seeking compensation from Mr Howes and his co-directors.

Costello thanks ASIC chairman following announcement

WITH AAP  |  TUESDAY, 12 AUG 2003
... jailed, 40 company directors being removed from office and $1 billion in funds recovered or ordered to be paid in compensation. "Mr Knott's commitment to the timely and vigorous enforcement of the Corporations Act has succeeded in better protecting Australian ...

Anscor general manager sentenced, ASIC responds to Elliot decision

... against him by the Supreme Court of Victoria on 30 June 2003. "The Court of Appeal's decision to refuse a stay of the compensation order of $1.428 million is an important outcome for the administrator and creditors of Water Wheel," Mr Knott said. "To ...

Mixed fortunes for embattled Elliott

The Victorian Court of Appeal today refused to stay a $1.428 million compensation order and other pecuniary penalties against embattled Melbourne businessman John Elliott. But the former Liberal Party president scored at least one victory, with the ...

Senator Sherry highlights the need for action on the back of poor super stats

... to lower taxes on contributions for all, improve the regulation of fees, charges and commissions, and provide full compensation in the event of theft and fraud and corporate bankruptcy. The number of member accounts reached 25.5 million with nine million ...

Former HIH executives win reduction in liquidator payout

... seriousness of the breaches committed by the defendants. While the recalculated interest will result in a reduction to the compensation, the principal amount of $7,049,931 payable by Messrs Adler and Williams remains unchanged," Mr Knott said. "As a ...

ASIC releases directors' guidelines, Elliot banned for four years

... company to trade while insolvent. Mr Elliott and Water Wheel managing director Bernard Plymin were ordered to share compensation costs of $1.4 million, and banned from holding company directorships for four and 10 years respectively. ASIC chairman David ...

Government blocks ALP super theft compensation bid

The Government last night blocked an ALP bid to ensure 100 per cent compensation for superannuation fund members whose savings are lost through theft and fraud. "The Howard Government's decision to only provide part compensation in limited circumstances ...

Adelaide financial adviser sentenced to a year in jail

... take action to protect investors from dishonest financial advisers who misuse clients' money, and will seek not only compensation orders, but also criminal sanctions', ASIC director of enforcement Mark Steward said. Approximately $99,315 was recovered ...

Victorian insurance agent gets three years for theft

... custody with two years suspended on good behaviour. The County Court of Victoria has also ordered him to pay $78,254 in compensation to the victims of his crimes. McNeany received this amount in premiums while operating a company called Integrated Insurance ...