AUSTRALIA

Ex-WHL Energy director prosecuted over insider trading

FORMER WHL Energy director Jeffery Bateson has pleaded guilty to insider trading and has been sentenced to two years jail as the Australian Securities Investment Commission cracks down on insider trading and market manipulation.

Ex-WHL Energy director prosecuted over insider trading

Bateson appeared in New South Wales Supreme Court on Friday charged with one account of insider trading following his purchase of 550,000 shares in WHL during May 11-16, 2008. ASIC alleged Bateson acquired...

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