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Showing 951 - 960 of 2458 results for "Court"

Judgement delivered in binary options fraud

ALLY SELBY  |  FRIDAY, 19 JUN 2020
The Federal Court of Australia has slapped a trading company with a $1.8 million fine, while two people have been barred from financial services for their involvement in the fraudulent binary options scheme. The judgement comes following findings made ...

Sargon buyers announce execs, ditch Sargon name

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... IOOF) on May 5. The company hasn't officially revealed the purchase price but Sargon's creditors are currently in court fighting over $29 million in sales proceeds. "With a new board, executive team, and strengthened balance sheet, we will be ...

APRA hands reins to ASIC in AUSTRAC case

ALLY SELBY  |  THURSDAY, 18 JUN 2020
... disqualifications as a result of the fund transfer breaches. The delegated functions and powers will allow ASIC to take court action where it sees appropriate, and apply for the fining and disqualification of individuals involved in the AUSTRAC matters. ...

Mayfair to drop use of platinum

ELIZA BAVIN  |  WEDNESDAY, 17 JUN 2020
... Platinum brand name from 30 June 2020. Platinum Investment Management launched legal proceedings against Mayfair in the Federal Court in December 2019 alleging trademark infringement resulting from its trading name 'Mayfair Platinum'. Mayfair Platinum ...

Major OneVue shareholder says IRESS bid too low

KANIKA SOOD  |  FRIDAY, 12 JUN 2020
... operating businesses like Diversa and CCSL are also under certainty as multiple Sargon debtors fight out for the proceeds in court. "I am a believer in free markets and if people think it's too low, someone will step up with an offer. You have to ...

Rest climate change trial delayed

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUN 2020
Rest member Mark McVeigh's day in court with his $57 billion industry superannuation fund over its management of climate change risk has been delayed. New orders were made in the Federal Court yesterday, with the trial date pushed back from July ...

Sam Henderson in court over phantom degree

KANIKA SOOD  |  WEDNESDAY, 10 JUN 2020
... that he held a Master of Commerce (Financial Planning)," ASIC said. The charges were mentioned at the Downing Centre Local Court yesterday. Henderson did not enter a guilty plea and the matter will be next heard on August 4. The Commonwealth Director ...

CBA coughs up $5m over RC case study

ALLY SELBY  |  TUESDAY, 9 JUN 2020
ASIC has trumped the Commonwealth Bank for failures in its AgriAdvantage Plus Package, with the Federal Court of Australia ordering the bank to cough up a $5 million penalty. On Friday, the Court found that the bank had breached the ASIC Act and Corporations ...

Madison sale confirmed

JAMIE WILLIAMSON, KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
... arrangement which reduces to $1.25 million after 12 months. "As previously advised, completion is conditional upon consent (or a court order to the same effect) for the sale from Taiping Trustees Limited (China-Taiping) and we note that the receivers ...

Keybridge takes WAM to court

ELIZA BAVIN  |  WEDNESDAY, 3 JUN 2020
... transferred Keybridge shares into its own name. According to Keybridge's filing, it commenced proceedings in the Supreme Court of NSW in relation to the improper transfer by WAM Active of over 16 million Keybridge shares from 96 shareholders. Additionally ...