SPX4,071.70-4.87 -0.12%
DIA344.74+0.33 0.10%
IXIC11,461.50-20.95 -0.18%

BRIEF-Australia's ASIC Says Former Tesla Motors Australia Director Pleaded Guilty To Insider Trading

Reuters · 11/15/2022 21:13
BRIEF-Australia's ASIC Says Former Tesla Motors Australia Director Pleaded Guilty To Insider Trading

- Australian Securities & Investments Commission:

  • FORMER TESLA MOTORS AUSTRALIA DIRECTOR PLEADED GUILTY IN SYDNEY COURT TO TWO COUNTS OF INSIDER TRADING

  • INDIVIDUAL PLED GUILTY TO 1 COUNT OF TRADING WHILE IN POSSESSION OF INSIDE INFORMATION, 1 COUNT OF COMMUNICATING INSIDE INFORMATION TO ASSOCIATE

  • FORMER TESLA AUSTRALIA DIRECTOR COMMUNICATED INSIDE INFORMATION ABOUT PIEDMONT/TESLA IN-PRINCIPLE AGREEMENT TO A FRIEND IN SEPT 2020

  • ON 16 SEPT 2020, INDIVIDUAL ACQUIRED 86,478 SHARES IN PIEDMONT LITHIUM AFTER BEING INFORMED, OF INSIDE INFORMATION

  • INSIDE INFO REGARDING IN-PRINCIPLE AGREEMENT THAT TESLA INC REACHED WITH PIEDMONT FOR SUPPLY OF LITHIUM

Further company coverage: TSLA.O PLL.O


((Reuters.Briefs@thomsonreuters.com;))