Sept 20 (Reuters) - IOOF Holdings Ltd (IFL) :
- IOOF UPDATE ON FEDERAL COURT PROCEEDINGS
- COURT ALSO DECLINED TO MAKE DISQUALIFICATION ORDERS SOUGHT AGAINST FIVE INDIVIDUALS, AND AWARDED COSTS IN IOOF'S FAVOUR
- WELCOMES DECISION BY FEDERAL COURT OF AUSTRALIA IN RELATION TO PROCEEDINGS BROUGHT BY APRA AGAINST IOOF'S APRA REGULATED ENTITIES
- CURRENTLY REVIEWING WRITTEN JUDGMENT IN DETAIL AND EXPECTS TO ISSUE A FURTHER ANNOUNCEMENT IN DUE COURSE
- COURT HELD THAT IOOF'S APRA REGULATED ENTITIES AND FIVE INDIVIDUALS DID NOT CONTRAVENE SUPERANNUATION INDUSTRY (SUPERVISION) ACT 1993 (CTH)
- COURT DECLINED TO MAKE DISQUALIFICATION ORDERS SOUGHT AGAINST 5 INDIVIDUALS, AND AWARDED COSTS IN IOOF'S FAVOUR.
News: IFL IOOF Holdings Updates On Court Proceedings Brought By APRA
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