Acted for the defendant, a director of Citrofresh International Ltd at trial in the Federal Court, on appeal to the full Federal Court and on appeal to the High Court. This was an action by ASIC against the director for his involvement in announcements made by the company on ASX, which materially affected the company’s share price.
ASIC’s claims relate to the provisions under the Corporations Act concerning market misconduct such as market manipulation, false trading, market rigging, dissemination of information to the stock exchange, false and misleading statements, fraudulent inducement to deal, and insider trading.
Appeared at first instance, on appeal to the full court and on special leave to the High Court.