This link is an ASIC update relating to PIF https://asic.gov.au/about-asic/news...court-of-appeal-confirms-dishonesty-findings/
Wellington Capital PIF/Octaviar (MFS) PIF
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A number of former unit holders in the above fund have paid particular attention to findings of the Royal Commission into banks, other Financial Institutions and operators of such entities. We feel that MFS former unit holders are worthy of consideration for compensation for our losses due to the way our life savings were handled by numerous managers and employees of the fund. I would like you to read the undermentioned proposal if you wish and for you to make your own considered judgment as to whether you feel it worthwhile for your further investigation. Without encouraging you one way or the other I would like to point out that there is interest being shown by our fellow former unit holders in the proposition. I have set out below relevant information which may assist you in your deliberations.How do I start a new thread? Trying to post in a general thread,
SR GROUP EXPRESSIONS OF INTEREST
Compensation for Victims of Financial Misconduct and Dishonest Behaviour
The following is a proposal for representation put forward by the SR Group on behalf of investors of the Premium income Fund who held units when MFS/OCTAVIAR collapsed
SR Group, assists and represents victims of financial misconduct and dishonest behaviour by seeking redress through various methods of compensation.
We currently represent 10 different victim groups in their pursuit of compensation. Through our experience with the Prime Trust and Trio Capital Groups, among others, we have learnt there are thousands of people who have fallen victim to financial misconduct and dishonest behaviour.
The MFS group of victims’ plight to recover losses caused by the dishonest activity of the former Directors of the MFS over the last ten years has been very disappointing for all involved. Upon researching the MFS scheme and the ongoing saga faced by investors, SR Group have identified potential avenues of redress for MFS investors and the practicality of pursuing them.
We have been contacting MFS investors with an opportunity for a final compensation claim through a closed group action. We do not envisage long drawn out proceedings like many experienced in the Class Action and we are very mindful of the average age of those involved.
For more information on our closed group action or to register please visit srgroup.com.au and click on the MFS - Octaviar Group Registration. Alternatively call our team on (02) 9053 0062 and we can assist you.
Mary-Anne Greaves
Friday 15 February 2019
19-031MR Queensland lawyer pleads guilty to giving false or misleading information to ASIC
Mary-Anne Greaves, of Mount Sheridan, Queensland, has pleaded guilty before the Brisbane Magistrates’ Court to one count of giving false or misleading information to ASIC.
The examination of Ms Greaves, a former lawyer, was part of an investigation conducted by ASIC into a 2015 takeover bid by G8 Education Limited (G8 Education) for ASX-listed Affinity Education Group Limited (Affinity). The investigation included enquiries into alleged undisclosed arrangements between G8 Education and West Bridge Holdings Pty Ltd (West Bridge) for the acquisition of Affinity shares as part of the takeover bid.
The charge related to Greaves’ false denial, on 2 June 2016, during an ASIC examination under oath, that she had not been provided information relating to the acquisition by West Bridge of Affinity shares at the time of the takeover bid by G8 Education.
The matter has been listed for a sentencing hearing before the Brisbane Magistrates’ Court on 24 May 2019.
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions
Friday 15 February 2019
19-031MR Queensland lawyer pleads guilty to giving false or misleading information to ASIC
Mary-Anne Greaves, of Mount Sheridan, Queensland, has pleaded guilty before the Brisbane Magistrates’ Court to one count of giving false or misleading information to ASIC.
The examination of Ms Greaves, a former lawyer, was part of an investigation conducted by ASIC into a 2015 takeover bid by G8 Education Limited (G8 Education) for ASX-listed Affinity Education Group Limited (Affinity). The investigation included enquiries into alleged undisclosed arrangements between G8 Education and West Bridge Holdings Pty Ltd (West Bridge) for the acquisition of Affinity shares as part of the takeover bid.
The charge related to Greaves’ false denial, on 2 June 2016, during an ASIC examination under oath, that she had not been provided information relating to the acquisition by West Bridge of Affinity shares at the time of the takeover bid by G8 Education.
The matter has been listed for a sentencing hearing before the Brisbane Magistrates’ Court on 24 May 2019.
The matter is being prosecuted by the Commonwealth Director of Public Prosecutions
Mary-Anne Greaves is Company Secretary of Wellington Investment
Management Limited. She is a Director of Wellington Capital Limited and is
responsible for the Wellington Capital group’s compliance functions.
Mary-Anne is a lawyer and has a particular focus in the property and finance
industries. She has 16 years experience in finance and property in various roles
with Bendigo Bank Limited and Northern Building Society Limited. She has been
a corporate lawyer for 8 years, specialising in licensing, compliance and capital
raising issues for funds management businesses. Mary-Anne also holds a Real
Estate Agent’s Licence.
Mary-Anne has led numerous due diligence assignments and has a strong interest in the area of
corporate governance and compliance. She is a Chartered Secretary and an Associate of Chartered
Secretaries Australia.
Mary-Anne ensures compliance with Wellington Capital group’s regulatory requirements.
Qualifications and Memberships
Bachelor of Laws, University of New England
Solicitor, Supreme Court of Queensland
Chartered Secretary
Licensed Real Estate Agent – Queensland
Member, Queensland Law Society
Member, Real Estate Institute of Queensland
Associate, Chartered Secretaries and Administrators and Chartered Secretaries Australia
Source https://www.nsx.com.au/ftp/news/021720763
Management Limited. She is a Director of Wellington Capital Limited and is
responsible for the Wellington Capital group’s compliance functions.
Mary-Anne is a lawyer and has a particular focus in the property and finance
industries. She has 16 years experience in finance and property in various roles
with Bendigo Bank Limited and Northern Building Society Limited. She has been
a corporate lawyer for 8 years, specialising in licensing, compliance and capital
raising issues for funds management businesses. Mary-Anne also holds a Real
Estate Agent’s Licence.
Mary-Anne has led numerous due diligence assignments and has a strong interest in the area of
corporate governance and compliance. She is a Chartered Secretary and an Associate of Chartered
Secretaries Australia.
Mary-Anne ensures compliance with Wellington Capital group’s regulatory requirements.
Qualifications and Memberships
Bachelor of Laws, University of New England
Solicitor, Supreme Court of Queensland
Chartered Secretary
Licensed Real Estate Agent – Queensland
Member, Queensland Law Society
Member, Real Estate Institute of Queensland
Associate, Chartered Secretaries and Administrators and Chartered Secretaries Australia
Source https://www.nsx.com.au/ftp/news/021720763
The Manager Company Announcement Office NSX Suite 3.3, 1 Bligh Street, Sydney NSW 2000 Dear Sir/Madam Octaviar Notices Asset Resolution Limited (ARL or the Company) is pleased to announce that the liquidators of Octaviar Administration Pty Ltd and Octaviar Limited have published notices on the ASIC website of intention to declare a dividend for each company. They will declare the dividends on 5 February 2021.
The Manager
Company Announcement Office
NSX
Suite 3.3, 1 Bligh Street,
Sydney NSW 2000
Dear Sir/Madam
Octaviar Notices
Asset Resolution Limited (ARL or the Company) is pleased to announce that the liquidators of
Octaviar Administration Pty Ltd and Octaviar Limited have published notices on the ASIC website
of intention to declare a dividend for each company. They will declare the dividends on 5 February
2021.
