Australia's ASIC Sues Former Super Retail CEO for Directors' Duties Breaches
Australia's corporate regulator, ASIC, has sued former Super Retail CEO Anthony Heraghty, alleging breaches of directors' duties and misleading statements. ASIC is seeking declarations of contravention, pecuniary penalties, and disqualification orders.
Sept 21 (Reuters) — Australia’s ASIC has sued former Super Retail CEO Anthony Heraghty, alleging breaches of directors’ duties and misleading statements, and seeking declarations of contravention, pecuniary penalties and disqualification orders.