Day: May 12, 2023

Former Australian Mines managing director, Benjamin Bell, has been fined $70,000 and disqualified from managing corporations for two years for breaching his duties as a director. The Federal Court decision comes after Mr Bell admitted he failed to act with the degree of care and diligence required of a director when he gave presentations at …

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Vaughan Bowen, of Brighton, Victoria, appeared on 10 May 2023 via his legal representative in the County Court of Victoria after being indicted on two counts of insider trading. The Commonwealth Director of Public Prosecutions (CDPP) formally indicted Mr Bowen on 10 May 2023 after the charges had previously been discharged following a contested committal …

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ASIC has commenced civil proceedings in the Federal Court alleging that three types of insurance policies issued by HCF Life Insurance Company Pty Limited (HCF Life) contain unfair contract terms and could mislead the public. The case involves standard form contracts issued under HCF Life’s ‘Recover’ range of insurance products. ASIC alleges that the ‘pre-existing …

ASIC sues HCF Life for alleged unfair and misleading contract terms in insurance Read More »