Vanguard faces fine for greenwashing ‘ethical’ fund
Investment firm could have to pay fines amounting to all, or most, of it's annual profits after misleading consumers by promoting an "ethical" investment fund.
Investment firm could have to pay fines amounting to all, or most, of it's annual profits after misleading consumers by promoting an "ethical" investment fund.
Australia's corporate watchdog has taken the unprecedented step of launching court action against Mercer Superannuation over alleged investment greenwashing.
Former Queensland stockbroker Roderick George Halligan stole $1.2 million in shares from clients and used fake documents to conceal the thefts for 12 years.
Angry shareholders have filed a second class action over Blue Sky's 2019 implosion when its market value was wiped unexpectedly.
Fund manager Magellan has bounced back from turmoil to post a higher first-half profit and is offering an options deal to investors who stayed loyal.