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Hesta, Prime Super pay ASIC fines for greenwashing
Superannuation funds Hesta and Prime Super have been pinged by the corporate regulator for allegedly greenwashing their investment portfolios.
ASIC mulls appeal in conflicted remuneration case against ex-Freedom boss
ASIC is considering an appeal of a ruling that tossed its conflicted remuneration case against Freedom Insurance's former boss and another executive over a sales incentive scheme.
Meta wins opposition to ‘Reelstar’ trade mark
Meta has successfully opposed an Australian start-up's 'Reelstar' trade mark, with a delegate finding it was too similar to the social media company's mark for its short-form video brand Reel.
ATO dealt major blow in $948M capital gains dispute with YTL Power
The tax commissioner has suffered a major loss in a dispute with Malaysian power company YTL Power over a $948 million capital gain from the sale of its stake in South Australia-based ElectraNet in 2022.
Ex-boss of AI marketing company Metigy pleads guilty to misleading investors
The former CEO of failed AI marketing start-up Metigy has pleaded guilty to providing false statements to investors and misusing his position as a director, following an investigation by the corporate regulator.
ASIC wins OK to pursue case against Solve My Debt despite liquidation
The corporate cop has won court approval to proceed with a consumer suit against debt manager Solve My Debt, despite the company falling into liquidation.
iSignthis, Grant Thornton point the finger in class action defence
iSignthis and auditor Grant Thornton have each pointed the finger at each other in response to a shareholder class action over the delisted fintech's 2018 financial statements.
Fraudster Chris Marco cops record 14-year sentence for Ponzi scheme
A court has slapped a 14-year jail term on Perth businessman Chris Marco, after a jury found him guilty of 43 charges connected to a $34 million fraud on investors.
FWO may revise Super Retail underpayments suit after Coles ruling
The Fair Work Ombudsman is considering amending its underpayments case against Rebel Sport owner Super Retail Group, following a significant ruling in underpayments proceedings against Woolworths and Coles.
Blockchain Global director can’t leave country amid ASIC probe
Court orders have been issued barring a director of cryptocurrency exchange operator Blockchain Global from travelling outside Australia while the corporate regulator investigates the collapse of the exchange.