Business Services Industry
Rivkin insider charge.
Australasian Business Intelligence, November, 2001
Nov 24, 2001 (Herald Sun
ABIX via COMTEX) -- High profile stockbroker, Rene Rivkin, is facing an insider trading charge in late November 2001. The Australian Securities & Investments Commission (ASIC) confirmed that Rivkin has been charged and is due in court on 11 December 2001. At the annual meeting of Rivkin Financial Services, Rivkin told shareholders the charge, which related to trading in Qantas shares, was the result of a long-running vendetta by ASIC. He said he himself only pocketed about $A400 in profits from the transaction. Rivkin promised to go after ASIC for malicious prosecution.
RIVKIN FINANCIAL SERVICES LIMITED -
ASX RFS:
AUSTRALIAN SECURITIES AND
INVESTMENTS COMMISSION:
QANTAS AIRWAYS LIMITED...
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