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Showing 1 - 10 of 128 results for "Lawsuit"

Pengana takes WAM feud over PIA to Takeovers Panel

KARREN VERGARA  |  WEDNESDAY, 2 SEP 2026
... access buy-back of up to 100% of PIA shares from eligible shareholders. Washington H. Soul Pattinson-backed Pengana in its lawsuit, which is now before the Supreme Court of New South Wales, is fighting for a declaration the shareholder resolution approving ...

Second bidder emerges for Equity Trustees

MATTHEW WAI  |  MONDAY, 24 AUG 2026
Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer. EQT Holdings (ASX: EQT) has received a proposal from BGH Capital to acquire 100% of the outstanding shares in ...

First Guardian victims advance in case against InterPrac

KARREN VERGARA  |  FRIDAY, 21 AUG 2026
... legal fees incurred paid into the court's account. In May, InterPrac targeted Kee when she became a defendant in the lawsuit against AFCA. The fate of the money will not be known until the outcome of this lawsuit, in which InterPrac argued the complaints ...

Global investment manager bids for Equity Trustees

MATTHEW WAI  |  TUESDAY, 18 AUG 2026
EQT Holdings (ASX: EQT), the holding company for Equity Trustees announced on the ASX it received an unsolicited, indicative and non-binding proposal from a US-based alternative investment manager. TPG Global made the bid at an indicative price of $24.55 ...

ASX shareholder looks to sue directors, officers over CHESS

ELIZA BAVIN  |  WEDNESDAY, 12 AUG 2026
... allegations against ASX itself. A Statutory Derivative Action is a legal process that allows a shareholder or officer to bring a lawsuit on behalf of a company to seek a remedy for a wrong done to the company itself. The market announcement did not name ...

Chiodo in ASIC's crosshairs again

KARREN VERGARA  |  TUESDAY, 4 AUG 2026
... Capital, the investment manager of the Shield master Fund. Keystone and Chiodo have both been named as defendants in the lawsuit. Kortesis was a director of Keystone between 29 December 2023 and 14 November 2024. ASIC said its proposed orders would also ...

Pengana threatens legal action against PIA

KARREN VERGARA  |  TUESDAY, 28 JUL 2026
... access buy-back of up to 100% of PIA shares from eligible shareholders. Washington H. Soul Pattinson-backed Pengana in its lawsuit will seek to invalidate the resolution to impose orders preventing PIA from implementing the buy-back. Pengana has a 1.34% ...

Diversa drags Praemium into First Guardian lawsuit

KARREN VERGARA  |  TUESDAY, 23 JUN 2026
Praemium and its subsidiaries are now caught up in the ASIC-led First Guardian legal saga, having been thrown in the mix by Diversa Trustees. Praemium this morning announced, together with Powerwrap and One Vue Wealth Services (OVWS), it received notices ...

Dexus forced to sell stake in airports

KARREN VERGARA  |  MONDAY, 1 JUN 2026
... been ordered to sell its stake in major airports following a court order, underscoring a win for the IFM Investors-backed lawsuit. Last week, the NSW Supreme Court ruled Dexus must commence the "compulsory process to offer for sale the shares comprising ...

AFCA puts InterPrac determinations on ice

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... Guardian Master Fund collapse for an AFCA determination it does not agree with. This is on top of the advice group's lawsuit against AFCA filed on February 24, contesting a December 2025 determination. InterPrac took issue with the way in which blame ...
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