Can Trio or Storm or Westpoint-type disasters happen again?

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Investors should be warned that Trio and Storm and Westpoint-type disasters could happen again.  Senior finance industry solicitor Peter Townsend welcomed the full report of the PJC on its Trio

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ASIC reaches eighth Westpoint settlement

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ASIC has reached a settlement of its Federal Court proceeding against Queensland-based financial services firm, Strategic Joint Partners Pty Ltd (SJP). The settlement concerns a claim for compensation on behalf

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Sentencing decision in the Westpoint CFO criminal case

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ASIC notes the sentencing decision of former Westpoint chief financial officer Graeme Rundle in the Parramatta District Court on Friday 9 September 2011. Mr Rundle was found guilty of two

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ASIC recovers $24.5 million for Westpoint investors

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Westpoint investors in ASIC’s class against Glenhurst Corporation Pty Ltd (Glenhurst) are to receive their share of $24.5 million recovered to date by the Commission. The Glenhurst settlement, worth $2.5

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ASIC reaches sixth Westpoint settlement

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ASIC has reached an agreement to settle its actions against Barzen Pty Ltd (formerly Dukes Financial Services Pty Ltd) and Mr Joseph Dukes (collectively ‘Dukes’), for $1 million. This settlement

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