"Also former CEO Ian Cook settled out of Court with the ACCC. As the ACCC instigated this action you'd assume the settlement satisfied their effort."
The ACCC just wanted to ban him from managing companies again. He probably agreed to that with the ACCC instead of wasting money on legal fees.
Site would have had to agree for his removal as a respondent, so they would have deemed there to be little to no risk in doing so.
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