Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 2510 results for "Court"

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
... $2.2 million in investor funds to his own use of that of others. Ian Omar Chester pleaded guilty in the Southport District Court on September 29, following an ASIC investigation into around 18 companies used as investment and development vehicles across ...

ASIC sets FY27 priorities straight

VINNY VUCAGO  |  WEDNESDAY, 30 SEP 2026
... regulatory processes easier to navigate while maintaining the quality and integrity of regulatory outcomes," ASIC chair Sarah Court said. For superannuation, ASIC will continue its multi-year review of member services while commencing new work examining ...

Former Big Un chief escapes prison time for insider trading

MATTHEW WAI  |  MONDAY, 28 SEP 2026
The former chief executive of Big Un Richard Evans has learned his fate after the District Court of New South Wales handed down its verdict, with Evans escaping imprisonment. Evans, also known as Richard Evertz, was sentenced to one-year-and-nine-months ...

IAG settles $2.8bn lawsuit with Credit Suisse

ELIZA BAVIN  |  FRIDAY, 25 SEP 2026
... (IAG) has announced it has agreed to a settlement in the proceedings brought by Credit Suisse against it in the Federal Court, over the collapse of Greensill Capital. IAG said the terms of the settlement are confidential, but Credit Suisse was suing ...

Netwealth to defend First Guardian class action

RIDDHIMA TALWANI  |  FRIDAY, 25 SEP 2026
... through the Netwealth Superannuation Master Fund. "The claim relates to matters previously addressed through Netwealth's court enforceable undertaking with ASIC and the compensation program completed in January 2026," Netwealth said. "Netwealth paid ...

Former BW Equities employee charged for misappropriating funds

MATTHEW WAI  |  FRIDAY, 25 SEP 2026
... including a requirement he surrender passports and remain in Australia. Basar appeared before the Melbourne Magistrates' Court for a filing hearing yesterday, where his bail was extended and the matter was listed for committal mention on 17 December ...

Equity Trustees pushes bidders for better price

RIDDHIMA TALWANI  |  TUESDAY, 22 SEP 2026
... Equity Trustees exiting from its superannuation trustee business as well as the ASIC litigation currently ongoing in the court. Equity Trustees attributed a "shifting regulatory environment, higher operating costs and the evolving risk profile" as reasons ...

Netwealth faces potential class action over First Guardian failure

RIDDHIMA TALWANI  |  MONDAY, 21 SEP 2026
... filed. Netwealth received the letter from solicitors acting for a proposed representative plaintiff together with draft court documents. "The proposed claims relate to matters previously addressed through Netwealth's court-enforceable undertaking with ...

ASIC secures court orders against questionable investment scheme

MATTHEW WAI  |  MONDAY, 21 SEP 2026
... Ijaz Ahmad, following investigations into its managed investment scheme. ASIC filed an ex parte application to the Federal Court after concerns were raised with an investment scheme operated by SIGA and associated with the Lake Narracan Resort development ...

Sequoia plots potential restructure

MATTHEW WAI  |  FRIDAY, 18 SEP 2026
... entered an undertaking not to put the Cross Deed of Guarantee at risk tied to the sale. The regulator applied to the Federal Court i n April for KPMG to investigate the proposed sale, concerned that it could adversely affect InterPrac's creditors ...
PREVIOUS
NEXT