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Showing 1 - 10 of 354 results for "Supreme Court"

Dexus forced to sell stake in airports

KARREN VERGARA  |  MONDAY, 1 JUN 2026
... 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 the Dexus Bloc to remaining APAC ...

ASIC hands down 10-year adviser ban

ELIZA BAVIN  |  THURSDAY, 9 APR 2026
... September 2022, ISG ceased paying distributions and later froze investor redemptions. In September 2024 the Queensland Supreme Court ordered ISG, as the responsible entity for the ISG Private Access Fund and the ISG Real Estate Equity Fund, to wind up ...

Fiducian to pay $7.3m greenwashing fine

KARREN VERGARA  |  TUESDAY, 31 MAR 2026
... Act, a Statement of Agreed Facts and Admissions has not yet been finalised between the parties nor filed with the Supreme Court of NSW." The parties have also not yet sought court approval on the proposed pecuniary penalties or cost orders. A date will ...

Trump hit by Supreme Court's 'body blow', strikes back with 15% global tariff

RIDDHIMA TALWANI  |  MONDAY, 23 FEB 2026
US President Donald Trump has raised the blanket universal tariff on US imports from 10% to 15% after the US Supreme Court struck down his Liberation Day policies, deeming them unlawful. The response by the President came within a day of him announcing ...

First half steady, net inflows positive for Fiducian

KARREN VERGARA  |  MONDAY, 16 FEB 2026
Fiducian Group said it kept the business steady and took in positive net inflows in the first half of the 2026 reporting period amid a turbulent backdrop. According to Fiducian chief executive Indy Singh, the ASX-listed financial services firm kept ...

Macquarie Securities to pay $35m for misleading data reporting

RIDDHIMA TALWANI  |  FRIDAY, 19 DEC 2025
... could be between 298 million and 1.5 billion short sales. ASIC lodged civil proceedings against MSAL in the NSW Supreme Court in May. MSAL has also admitted to incorrectly reporting regulatory data for more than 633,000 orders submitted to the market ...

HESTA pays $40k fine for greenwashing

ELIZA BAVIN  |  THURSDAY, 6 NOV 2025
... Melbourne Securities, between 2022 and 2024. ASIC also commenced a greenwashing-related civil penalty proceeding in the Supreme Court of NSW against Fiducian Investment Management last month. ASIC is alleging Fiducian failed to act with care and diligence ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
... Marco had his sentence handed down this week, after being found guilty following a five-week trial in September. The Supreme Court of Western Australia has sentenced Marco to 14 years imprisonment, with eligibility for parole after 12 years. Marco was ...

ASIC sues Fiducian for ESG failures

ELIZA BAVIN  |  FRIDAY, 3 OCT 2025
ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ...

Perth man found guilty of $34m fraud

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
A Supreme Court jury has found Perth businessman Chris Marco guilty of fraud following a five-week trial, after he swindled six investors out of $34 million. Marco's former executive assistant, Linda Marissen, was acquitted of all charges of fraud. ...
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