ASIC commences civil penalty proceedings against Diversa Trustees
ASIC has commenced civil penalty proceedings in the Federal Court against Diversa Trustees Limited, alleging failures concerning the First Guardian Master Fund.
First Guardian
ASIC takes Interprac to Court over alleged Shield and First Guardian licensee failures
ASIC has commenced civil penalty proceedings in the Federal Court against Interprac Financial Planning Pty Ltd.
ASIC seeks to expand proceeding against former financial adviser Ferras Merhi
ASIC has sought leave from the Federal Court to expand its existing proceeding against former financial adviser Ferras Merhi.
ASIC secures travel restraint orders against Falcon Capital directors
ASIC has secured interim travel restraint orders against Falcon Capital Limited directors David Anderson and Simon Selimaj.
Australian Court orders Falcon Capital and the First Guardian Master Fund to be wound up
ASIC took this action as it was concerned about Falcon’s management and operation of First Guardian.
Court freezes assets of Rashid Alshakshir in response to ASIC application
Following an application made by ASIC, the Federal Court has made orders freezing assets of Rashid Alshakshir.
ASIC issues update for investors in First Guardian Master Fund
ASIC has applied to the Federal Court for the appointment of liquidators to Falcon Capital Limited.
