Penalties For Insider Trading
A person found guilty of insider trading faces up to 10 years imprisonment and/or the greater of $495,000 or three times the profit gained or loss avoided. For a company, the maximum penalty is the greater of $4.95 million, three times the profit gained or loss avoided or 10 per cent of the company’s annual turnover in the relevant period.
Need I say more? Doyle is going to be in deep debt and a lot if pain! Mind you, he cannot hide behind company structure either. All the wrongdoings will be attributed to him directly at a personal cost.
Ann: Nuix announces FY21 results, page-166
-
- There are more pages in this discussion • 150 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add NXL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$7.30 |
Change
0.020(0.27%) |
Mkt cap ! $2.399B | |||
| Open | High | Low | Value | Volume |
| $7.40 | $7.40 | $7.18 | $6.534M | 897.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 10903 | $7.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $7.31 | 9961 | 2 |
View Market Depth
| Last trade - 16.10pm 05/11/2024 (20 minute delay) ? |
| NXL (ASX) Chart |