The former chief executive of Sirtex Medical, Gilman Wong, is facing a possible jail sentence after being charged with one count of insider trading.
The Australian Securities and Investments Commission last year was investigating events at Sirtex that took place during the second half of the 2016 calendar year, including the sale of a parcel of 74,698 shares by Mr Wong on October 26, 2016.
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Carrie LaFrenz is a senior journalist covering retail/consumer goods. She previously covered healthcare/biotech. Carrie has won multiple awards for her journalism including financial journalist of the year from The National Press Club. Connect with Carrie on Twitter. Email Carrie at carrie.lafrenz@afr.com