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An appeals court has shaved nine months off ex-investment banker Rodney Forrest's prison sentence for insider trading, after he accessed confidential information from the computer of Platinum Asset Management's chairman about a takeover offer.
Former silk Norman O’Bryan has avoided jail time after pleading guilty in a criminal case over his role in the scandal-ridden Banksia Securities class action.
ASIC has lost its appeal of a failed bid to strike out of parts of mining magnate Clive Palmer’s claim that he was subject to an unlawful examination by the regulator, with a judge finding the pleading properly identified the ASIC officers involved.
As his brother delivers judgment in a high-profile case that will dominate the headlines on Thursday, once distinguished and in-demand silk Norman O'Bryan will be across the road in the County Court, facing sentencing for attempted fraud.
ASIC has opened an insider trading investigation into the trading of retailer Accent Group's shares, asking the company to preserve communications by its CEO Daniel Agostinelli.
Another former director of collapsed Melbourne over-the-counter derivatives broker Berndale Capital Securities has pleaded guilty to misusing company funds, after his fellow director was sentenced to prison time.
A former Beacon Minerals project manager who managed the gold exploration drilling program for the company's Jaurdi gold project in Western Australia has pleaded guilty to one count of insider trading.
The former chief executive officer of Big Un has pleaded guilty to communicating inside information to a shareholder of the defunct video producer.
Former silk Norman O’Bryan has pleaded guilty in a criminal case over his role as senior counsel for the Banksia Securities class action.
The liquidators of an unregistered managed investment scheme run by convicted fraudster Chris Marco have fended off a summary dismissal application by investors, with a judge finding that it was not so obvious that they would be entitled to a good faith defence to warrant tossing the case.