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

Search Results

Showing 1 - 10 of 105 results for "Federal Court of Australia"

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
... ordered ANZ to pay ASIC's costs. In a statement ANZ said it "acknowledged the decision of the Full Federal Court of Australia dismissing ANZ's appeal regarding the bank's fully underwritten institutional share placement in August 2015" and that is now ...

APRA alleges First Super co-chair breached director duties

JAMIE WILLIAMSON  |  FRIDAY, 6 SEP 2024
... manufacturing division's lobbying to withdraw from the CFMEU. APRA has commenced civil proceedings in the Federal Court of Australia seeking civil penalties and O'Connor's disqualification. The regulator alleges O'Connor breached several ...

Court approves $16m DASS settlement

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... $3.26 million out of the $16 million. "The representative proceeding filed by Piper Alderman in the Federal Court of Australia in November 2021 will also be dismissed against E&P and Mr Alan Dixon, and permanently stayed against DASS (subject to any ...

Blockchain mining companies sued by ASIC

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... connected in any way to NGS Super. NGS Super said: "NGS Super has also had prior litigation in the Federal Court of Australia against both NGS Crypto and NGS Group in order to protect its Trademark, and most importantly, its members." "NGS Super is not ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
... Mayfair's portfolio confirms ASIC grossly mischaracterised Mayfair's business and its investments to the Federal Court of Australia, and that Mayfair's investments were solid. ASIC had no right to take that away from nearly six hundred people like me ...

ASIC forced to pay James Mawhinney's legal costs

JAMIE WILLIAMSON  |  TUESDAY, 28 NOV 2023
... during the regulator's failed attempt at bringing an expanded case against him. The order follows the Federal Court of Australia's decision last month to reject ASIC's attempts, which included additional allegations outside the scope of the case remittal ...

E&P settles class action for $16m

KARREN VERGARA  |  WEDNESDAY, 15 NOV 2023
... practices. "The settlement is without admission of liability and is subject to the approval of the Federal Court of Australia," Shine said. "Shine Lawyers, E&P and other respondents have agreed to a settlement payment of no less than $16 million settlement ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... quantified the liability for one of its lawsuits. On 5 October 2023, Westpac defended a class action in the Federal Court of Australia against BT Funds Management (BTFM), Westpac Securities Administration (WSAL) and Westpac Life Insurance Services (TAL ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... the assets Caddick invested never existed when reviewing the annual financial reports. Filed in the Federal Court of Australia in Sydney on October 27, the litigants allege that the auditors engaged in breach of contract, negligence, and misleading or ...

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
... millions. While CFDs are legal in Australia, they have been banned in many other countries, with the Federal Court of Australia describing these products as "financial heroin hits". In March 2021, ASIC imposed strict new conditions on CFDs after reviews ...
PREVIOUS
NEXT