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Investment manager Rodney Forrest must hand over his passport to an ASIC investigator before his sentencing next month for trading in shares in Platinum Asset Management armed with insider intelligence.
ANZ is facing a lawsuit by former CEO Shayne Elliott alleging the bank breached the terms of a contract governing his departure when it denied him $13.5 million in bonus payments.
ASIC has sued superannuation trustee Diversa for investing $300 million in retirement savings into Falcon Capital's failed First Guardian Master fund.
Delta Power & Energy, the owner of the Vales Point coal-fired power station in NSW, will defend ASIC proceedings accusing it of manipulating the market for electricity futures contracts by arguing that it acted honestly.
A judge has questioned whether an agreed penalty against ANZ for overstating bond trading volumes is sufficient, noting the misrepresentations were "very significant".
A judge has ordered that a $5 million penalty ASIC won against Noumi be made available for distribution to group members in a class action against the food giant, on top of a $43 million settlement.
The receiver for a Falcon Capital fund under investigation by ASIC wants a role in selling director Simon Selimaj’s valuable artwork, including a $70,000 Albert Tucker painting, which is allegedly needed to cover legal fees.
ASIC wants a contempt ruling against the couple behind Gold Coast-based property developer ALAMMC Developments after they allegedly moved more than $500,000 out of frozen accounts and failed to disclose assets, including two racehorses, one of which is named 'Within the Law'.
Electro Optic Systems has admitted continuous disclosure breaches by failing to reveal a drop in its 2022 revenue forecasts, with ASIC filing a $4 million lawsuit against the defence firm and another against its co-founder.
A judge has ordered trustee United Super to pay $23.5 million after admitting it was liable for excessive delays in processing $20 million in death and disability claims.