Insider trading alleged over collapse of Sam’s Seafoods
October 12, 2009

The collapse of Queensland food icon Sam’s Seafoods has been brought back into the spotlight with charges laid against a NSW businessman for alleged insider trading. Charges laid Noel Stephenson of Pymble, New South Wales, appeared in the Downing Centre Local Court on Tuesday 6 October 2009 on an insider trading charge brought by the Australian Securities and Investments Commission (ASIC). ASIC alleges that on 26 April 2005, Mr Stephenson breached the Corporations Act 2001 when he disposed... ...Read more »