View full page at metalsmine.com

 

Lunchtime tip on Queensland copper find proves costly for CEO convicted of insider trading

From thewest.com.au

A company director who bought $27,000 of shares for his superannuation fund after a luncheon which heard confidential information of a copper find in Queensland has been jailed for nine months for insider trading. Darren James Lind, 47, was today sentenced in the South Australian District Court to 18 months’ imprisonment, though Justice Joanne Tracey ordered he be released after nine months on a $1000, three-year good behaviour bond. Lind was convicted of two counts of insider trading in August after a two-week trial. Justice Tracey decided against a home detention order, ruling that a jail term was more appropriate. ... (full story)

Story Stats

  • Posted:
  • Category: Entertainment News