Federal court sentences investment manager for insider trading
A former investment manager charged with insider trading regarding a potential Platinum Asset Management takeover has been sentenced in Federal Court. Rodney Forrest was charged with trading and procuring others to trade Platinum shares in August and September 2024 while in possession of insider information relating to a takeover offer. ASIC alleges he acquired around $2.6 million of Platinum shares while in possession of the...
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