ASIC pursues Centro directors for 'misleading' investors
Centro Properties was one of the first high profile victims of the credit crisis, and an early case study about the dangers of bad timing and excessive debt...Today, the Australian Securities and Investments Commission pounced on seven of Centro's current and former directors, along with the company's...
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READ MORE: Centro Properties Ltd, Centro Retail Trust, Centro Property Trust, Federal Court, ASIC, investments commission, centro directors, financial officer, chiefs financial
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News Stories
- News Source: The Daily Telegraph (Australia) | about 1 month agoAustralian companies that foundered during the global financial crisis are squarely in the sights of the corporate regulator after it launched unprecedented legal action over the fall of former blue-chip company Centro Properties. The Australian...
- News Source: Uinta County News | about 1 month agoOZ Minerals' debt disclosure practices have attracted its attention in the past.
- News Source: Sydney Morning Herald | about 1 month agoCentro directors, two current directors and the group's former chief financial officer isn't going to generate any argument about whether Centro misrepresented the extent of its short-term debt exposure in the second half of 2007...It was a big...
- News Source: The Age | about 1 month agoAustralian boardrooms and hit with heavy fines over their alleged roles in producing misleading accounts for embattled shopping mall giant Centro. In what could be the first of a number of similar actions, the Australian Securities and Investments...
- News Source: Australian Broadcasting Corporation | about 1 month agoCentro Properties was one of the first high profile victims of the credit crisis, and an early case study about the dangers of bad timing and excessive debt...Today, the Australian Securities and Investments Commission pounced on seven of Centro's...
- News Source: The Australian | about 1 month agoFederal Court against current and former directors and executives of Centro Properties , a former blue-chip company that became one of the first casualties of the crisis. The move is the biggest by the regulator as it looks into the events during...
Blogs
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- Blog Source: ausfingeek.comAustralia's corporate regulator today launched a civil court action against the directors of the Centro Properties Group, which was hit hard by the credit crisis.
- Blog Source: www.abforum.orgAustralia's corporate regulator today launched a civil court action against the directors of the Centro Properties Group. More...
- Blog Source: blog.putabeaton.comASIC takes Centro to court over accounts. THE corporate watchdog has commenced legal action against current and former directors and executives of Centro Properties Group and Centro Retail Group for allegedly falsely stating about $2.1 ...
- Blog Source: www.90bentonsroadmountmartha.comASIC launches court action against Centro executives Smart Company (blog) … and current executives and directors of real estate giant Centro Properties, alleging the company's financial reports for 2006-07 were misleading. ...
- Blog Source: miceay.comCorporate regulator alleges financial statements contained material misstatements. 21 Oct 2009 8:44 AMRead the original report.
- Blog Source: ausfingeek.comThe corporate regulator is taking civil action against current and former directors and a senior manager of the Centro Properties Group.
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- Video Source: www.truveo.comAssessing ASIC's Move to ...Video Source: www.truveo.comAssessing ASIC's Move to Extend Short Selling Ban
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