November 26, 2013 BY Gerald Segal
ASIC nabs public company CEO for insider trading in M&A deal
Former CEO of UCL resources Christopher Jordinson faces up to 10 years in prison Former CEO of Australian company UCL Resources Christopher Jordinson has admitted that he was participating in an insider trading scheme that involved his nephew and two other people. He tipped them off about an incoming takeover bid from Oman-based Mawarid Mining LLC earlier…
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