David Robert Gilmour Ross had been a financial advisor for over 20 years. He conducted a financial investment service through a number of entities. Investors of the various entities under the business made requests to release their securities to be paid out, which was only realised for some investors. Consequently, the other investors filed complaints with the FMA about the default in payment. Pursuant to complaints from the investors, the FMA moved to file an application under sections 137F and 137G of the Financial Advisers Act 2008. On 2 November 2012, the FMA applied to the High Court in Wellington seeking permission to appoint receivers to manage the business of David Ross and his associated companies. The High Court issued an interim order to freeze the assets of David Ross and the various companies under him as a result of the application. As a result of the ‘serious concern about dysfunction and adequacy of the management of the business’ , the FMA decided to conduct an investigation of Ross’s business and companies. Main concerns put forward included a failure to make decisions, a failure to implement requests from investors for payment and inadequacies of records. At the time of filing the application, preliminary data determined that Ross’s business involved approximately 900 investors and with an aggregate account balance crossing $430 million. The business was 2 years in arrear with regard to lodging its tax returns and preliminary investigation showed
This case study is based on Environinvest Limited (Receivers and Managers Appointed)(in liquidation) vs Roger Neil Pescott & Ors (2012) and Environinvest Limited (Receivers and Managers Appointed) (in liquidation) vs Blackburne Pty Ltd (in liquidation) (2012).
Attorney-General George Brandis’ extended self-defence of his role in the Bell group legislation scandal yesterday doesn’t get us particularly far in clarifying questions about the Western Australian government’s attempt to dud taxpayers, and the government’s role in encouraging them. Two major public interest questions remain, along with a serious political question.
The Australian Securities Investment Commission (ASIC) brought a case against Andrew Lindberg who was accused of breaching duties as a director when he was in service. Andrew Lindberg was ex Managing Director of Australian Wheat Board (AWB) who was accused to have contravened with his duties as a director. Justice Robson from The Victorian Supreme Court handled this case and on the 9th of August, 2012, the defendant was penalized. The case was brought to The Victorian Supreme Court presided by Justice Robson who handed down the penalty judgment on 09 August 2012 against the defendant.
- he can sell to his friends his expertice and knowledge of the market and "demand"
According to Edwin Black, eugenics is “the effort to create a white, blue-eyed, blond-haired, Nordic master race in the United States, and wipe away the existence of everyone who did not fit that ideal”. Black goes further by explaining the implementation of this ideal, saying “Now who did they want to wipe away? They wanted to wipe away Mexicans, Italians. They wanted to wipe away the Asians the Jews, those who they believed were feeble minded, the Deaf, the poor.”
The U.S. District Court for the Southern District of Ohio rendered an Order for Final Judgment against John R. Bullar and a Consent Order against his company, Executive Management Advisors L.L.C., requiring that restitution be paid by Bullar and Executive Management Advisors, L.L.C. in excess of $6.2 million. Additionally, Bullar and Executive Management Advisors L.L.C. are required to pay civil monetary penalties in excess of $24.8 million for fraud, misappropriation, embezzlement, and operation of a Ponzi scheme. They were illegally posing as Commodity Trading Advisors (CTAs) and Commodity Pool Operators (CPOs) but had not registered with the CFTC. Permanent trading and registration bans were also imposed prohibiting them from committing
You do not want to leave any room for surprises if the case goes to trial. Therefore, I would question Albert Waltham about any documentation he has regarding David’s loan with Great Northern Bank.
Barry W. Fox & Associates is a premier investigative agency that is located in Pittsburgh, Pennsylvania. They have more 30 years of experience. Some of their services consist of workers compensation and personal injury investigations, nanny cam technology for home or office, court preparation including witness interviews, prior court records review to retrieve information, ability to provide protection and security, personal and celebrity, and more. Their associates are capable of blending into any situation, anywhere. Barry W. Fox & Associates was featured in a four-day series, "Narcs," in the Pittsburgh Post-Gazette, among numerous other stories and features about them.
This question expands upon the opening question and helps deepen the mystery about the acquisition—the bid price seems to be a fairly full-price offer for PacifiCorp.
The Chief Justice of The United States is John G. Roberts. Roberts grew up a very intelligent and well respected young man with a loving family and a hardworking attitude. He has had a long and successful career on his journey to becoming the Chief Justice, with much experience and intelligence in the Justice Department. He has made some very big decisions and will most likely have many more to come.
An investment firm with the name of J.D.Williams, Inc. helps many of its clients invest over $120 million for the last 40 years. We have many personal investors helping many individuals with their investments. We create personalized plans for our clients depending on their needs. Our company has multiple methods to help its clients with investments. We use many different approaches when it comes to assessing and making an appropriate plan for the investment.
Therefore, Market West accepted the corporation stock as partial debt. Hooper and Yoder agreed to add Brian Bradley who worked for Market West as the third director. Hooper colluded with Bradley and violated a fiduciary duty to Yoder by issuing 95 shares of stock to himself, 5 shares to Bradley, and none to Yoder. Furthermore, Hooper got paid $141,000 salary from the business without Yoder knowing. More importantly, Hooper and Bradly voted to force Yoder to leave the corporation. After Yoder found out that Hooper broke their agreement, violated Yoder’s rights and duties, acted dishonestly, and made unethical decisions, Yoder sued Hooper and Beautiful Daydreams in the District Court. Under the common law, with these facts, the court supported Yoder and ordered Hooper to give back one-half of the salary plus one-half of the shares of stock to Yoder.
Was a duty of care owed by The State Of Victoria upon Mr. Ragnarr Loobrok to prevent economic loss due to loss of opportunity?
In the matter of Sydney Project Group Pty Ltd (Administrators Appointed) (Receivers and Managers Appointed) and S.E.T. Services Pty Ltd (Administrators Appointed) (Receivers and Managers Appointed) [2017] NSWSC 881 (30 June 2017) (‘SPG and SET’) concerns the events involving plaintiffs Michael Hogan (H) and Christian Sprowles (S). Salim Mehajer (M) is the sole shareholder of both Sydney Project Group Pty Ltd (SPG) and S.E.T. Services Pty Ltd (SET). M appointed Kenneth Lee (L)
In 2001, shortly after Jeff Immelt became the CEO of GE, a series of events changed and impacted the corporate landscape. The immediate challenges that he faced included 9/11, and a subsequent series of high profile corporate scandals (Enron, WorldCom). In 2008, the financial crisis hit and had a severe impact on GE’s primary growth source, GE Capital causing it to accumulate bad debts and asset write-downs. These events caused slow domestic economic growth, crisis of confidence among investors and more global competitors.