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BT and Asgard to pay penalties for fee-for-no-service

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BT Funds Management and Asgard Capital have been ordered by the Federal Court to pay $1.5 million each ($3 million) for charging fees-for-no-service and making misleading statements.
An Australian Securities and Investments Commission (ASIC) announcement said the court found that between September 2014 and August 2017, a total of 404 customers were harmed by BT’s and Asgard’s conduct.
The court held that on at least 487 occasions, BT and Asgard had contravened the
ASIC Act, and the
Corporations Act, by:
Making false or misleading representations to customers in customer account statements that no deductions of ongoing adviser fees were being made from customers’ accounts after those customers requested to remove their financial advisers from their accounts; and ....

Justice Wheelahan , Investments Commission , Royal Commission , Asgard Capital , Federal Court , Australian Securities , Corporations Act , நீதி வ்ீலஹன் , முதலீடுகள் தரகு , அரச தரகு , அஸ்கார்ட் மூலதனம் , கூட்டாட்சியின் நீதிமன்றம் , ஆஸ்திரேலிய பத்திரங்கள் , நிறுவனங்கள் நாடகம் ,

Danny Meyer's Union Square Hospitality to raise $250 m for SPAC

The new company would seek to acquire a company with similar cultural values
Danny Meyer has joined the growing number of restaurant veterans who have formed special acquisition companies, or SPACs. An affiliate of his Union Square Hospitality Group, USHG Acquisition, on Friday filed papers with the Securities & Exchange Commission to raise $250 million in an initial public offering, and then list on the New York Stock Exchange under the ticker HUGSU.
Meyer, who is the founder and CEO of USHG, is chairman of the new SPAC. Its CEO is investment banker Adam Sokoloff of Asgard Capital Partners.
USHG chief financial officer Tiffany Daniele is also CFO of the new company. She joined USHG in October of 2020 after two years as vice president for global corporate financial planning & analysis at Tapestry, Inc., which owns the luxury brands Coach, Kate Spade and Stuart Weitzman. ....

New York , United States , New York Stock Exchange , Comunidad Autonoma De Cataluna , Julia Stewart , Patty Simpson , Jonathan Sokoloff , Clarence Otis , Adam Sokoloff , Danny Meyer , Tiffany Daniele , Peter Mavrovitis , Tilman Fertitta , Richard Coraine , Stuart Weitzman , Joseph Essa , Sandy Beal , Kate Spade , Avisheh Avini , Andy Pforzheimer , Doug Jacob , Kelly Macpherson , Rani Yadav , Papa John International Inc , York Stock Exchange , Tapestry Inc ,

Shake Shack Founder Danny Meyer's SPAC Files for $250M IPO

Shake Shack Founder Danny Meyer’s SPAC Files for $250M IPO
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Danny Meyer, filed to raise $250 million in an initial public offering.
Danny Meyer
Meyer, who is chairman of the special purpose acquisition company, is chief executive officer of
Union Square Hospitality Group LLC, which has operated more than 20 restaurants and bars, according to the SPAC’s filing Friday with the U.S. Securities and Exchange Commission.
USHG’s CEO is
Carlyle Group Inc. who is now a managing partner at
Asgard Capital Partners.
Meyer and Sokoloff join a horde of high-profile executives and investors in a record-shattering rush of SPAC listings. ....

Danny Meyer , Piper Sandler , Adam Sokoloff , York Stock Exchange , Goldman Sachs Group Inc , Ushg Acquisition Corp , Exchange Commission , Union Square Hospitality Group , Shake Shack Inc , New York Stock Exchange , Carlyle Group Inc , Shake Shack , Carlyle Group , Asgard Capital , New York Based , Goldman Sachs Group , டேனி மேயர் , பைபர் சாண்ட்லர் , ஆடம் சொக்ொழொப்ப் , யார்க் ஸ்டாக் பரிமாற்றம் , கோல்ட்மேன் சாக்ஸ் குழு இன்க் , பரிமாற்றம் தரகு , தொழிற்சங்கம் சதுரம் விருந்தோம்பல் குழு , குலுக்கல் குலுக்கல் இன்க் , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , கார்லைல் குழு இன்க் ,

Shake Shack founder's Spac files for US$250m IPO

Shake Shack founder's Spac files for US$250m IPO
businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.

Danny Meyer , Piper Sandler , Adam Sokoloff , York Stock Exchange , Acquisition Corp , Carlyle Group , Union Square Hospitality Group , Exchange Commission , New York Stock Exchange , Goldman Sachs Group , Shake Shack , Asgard Capital , New York Based , டேனி மேயர் , பைபர் சாண்ட்லர் , ஆடம் சொக்ொழொப்ப் , யார்க் ஸ்டாக் பரிமாற்றம் , கையகப்படுத்தல் கார்ப் , கார்லைல் குழு , தொழிற்சங்கம் சதுரம் விருந்தோம்பல் குழு , பரிமாற்றம் தரகு , புதியது யார்க் ஸ்டாக் பரிமாற்றம் , கோல்ட்மேன் சாக்ஸ் குழு , குலுக்கல் குலுக்கல் , அஸ்கார்ட் மூலதனம் , புதியது யார்க் அடிப்படையிலானது ,

15 Largest AI Companies in the World - Insider Monkey

15 Largest AI Companies in the World
15 largest AI companies in the world. Click to skip ahead and jump to the
10 largest AI companies in the world. Before we start discussing this topic in greater detail, first let’s establish the exact meaning of AI, to ensure we’re all on the same page. AI refers to of course, artificial intelligence. We know that human beings are the most intelligent animals by far in the world, having grown our capabilities through evolution. This is what we call natural intelligence. Now, we have got to the point where we want to create machines which can mimic our intelligence, or in many occasions, even surpass it. This is what we call artificial intelligence, which is basically the creation of intelligent machines, or machine which can capture, emulate and even exceed human cognition. ....

City Of , United Kingdom , San Francisco , United States , Tel Aviv , Cold War , Middle East , Asgard Capital , Deep Learning , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , சான் பிரான்சிஸ்கோ , ஒன்றுபட்டது மாநிலங்களில் , தொலைபேசி அவிவ் , குளிர் போர் , நடுத்தர கிழக்கு , அஸ்கார்ட் மூலதனம் , ஆழமான கற்றல் ,