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Showing 1 - 3 of 3 results for "Justice Abraham"

Former Berndale director jailed for $700k in misused funds

VINNY VUCAGO  |  THURSDAY, 6 AUG 2026
... financial system," adding ASIC would continue pursuing those responsibilities for similar misconduct. In sentencing, Justice Abraham said offences of this kind damaged confidence in Australia's financial markets and corporate regulatory framework. "Victims ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... million in 2021. Together with Insurance Marketing Services (IMS), the three companies were fined $13.5 million by Justice Abraham. "High pressure tactics were applied. Sales tactics were used to overbear the free will of consumers. Having made the sales ...

CommSec, AUSIEX to pay $27m penalty

JAMIE WILLIAMSON  |  WEDNESDAY, 26 OCT 2022
... Integrity Rules and consequently, the Corporations Act (and additionally for CommSec, the ASIC Act)," the presiding Justice Abraham said. "The conduct is properly characterised as being extensive and systematic, occurring over an extended period of time ...
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