Engagements
Manipulation on the SGX (judgement expected in 2024)
John Soh, Quah Su-Ling, Manipulation on the SGX (2022)
https://www.straitstimes.com/business/penny-stock-crash-mastermind-john-soh-jailed-36-years-ex-girlfriend-quah-su-ling-gets-20-years
RNB EQUITIES PTY LTD & ORS v REGAL FUNDS MANAGEMENT PTY LIMITED VID297/2019
Expert: M.J. Aitken Case settled Decision >
Simon Poidevin v Australian Securities and Investments Commission Administrative Appeals Tribunal Proceeding – 2017/7111
Expert: M.J. Aitken w/ S. Ji, V. Mollica ASIC banned Mr Simon Poidevin, of Sydney, from providing financial services for five years following an ASIC investigation into trading in the shares of DirectMoney Ltd. Mr Poidevin, Managing Director of Corporate Broking at...
SEC Malaysia v Sreesanthan A/L Eliathamby, High Court of Malaysia No. KIP: 601026-05-5565
Expert: Talis Putnins We provided expertise to the High Court of Malaysia in the context of allegations of insider trading against Mr Sreesanthan. Decision >
Atanaskovic Hartnell v Birketu Pty Ltd, [2019] NSWSC 1006
Expert: Michael G. Hains We provided expertise in the context of the claim for the recovery of legal fees and interest in the wake of the fraud perpetrated by junior solicitor Brody Jack Clarke against media mogul Bruce Gordon, a long-time client of Atanaskovic...
National Stock Exchange India Ltd (NSE) & al v Singapore Exchange Ltd (SGX), High Court of Bombay
Expert: Robert Webb We provided expertise on financial futures’ markets in the context of the dispute between the stock exchanges in India and the SGX. In early 2018, The National Stock Exchange, the Bombay Stock Exchange and the Metropolitan Stock Exchange—the three...
Whitebox Trading Pty Limited and Anor ats Australian Securities and Investments Commission (“ASIC”), Federal Court of Australia Proceedings No. NSD383/2016
Expert: M.J. Aitken w/ S. Ji ASIC brought proceedings in the Federal Court of Australia against Whitebox Trading Pty Limited and its sole director and principal, Johannes Boshoff, following an investigation into the spike on 18 October 2012 in the prices of securities...
Australian Securities and Investment Commission v State One Stockbroking Federal Court Australia WAD540/2016
Experts: M. G. Hains, M.J. Aitken, S. Ji ASIC brought civil penalty proceedings against State One Stockbroking Ltd (State One) in the Federal Court of Australia for failing to comply with two ASIC Market Integrity Rules (ASX Market) 2010 (MIRs), following State One's...
WM/Reuters Benchmark Rates, 2018
Expert: M.J. Aitken w/ S. Ji We provided expertise in the design, analysis and alert specifications for the market surveillance of foreign exchange markets.
RP Data CoreLogic, Review of Hedonic Valuation Indices, 2018
Expert: V. Mollica, M. Hardman We provided an opinion on the newly developed Hedonic Valuation Indices (HVI) and its methodology. The hedonic regression is a method used to calculate the CoreLogic Daily Home Value Index which seeks to overcome the issue of...
Australian Securities and Investments Commission v Australia and New Zealand Banking Group Limited, Federal Court Australia VID197/2016
Expert: V. M.J Aitken w/ S. Ji, V. Mollica ASIC brought proceedings in the Federal Court against ANZ for unconscionable conduct and market manipulation in relation to the bank's involvement in setting the bank bill swap reference rate (BBSW). The BBSW is the primary...
Australian Securities and Investments Commission v National Australia Bank Limited, Federal Court Australia, VID604/2016
ASIC brought proceedings in the Federal Court against CBA for unconscionable conduct and market manipulation in relation to the bank's involvement in setting the bank bill swap reference rate (BBSW). The BBSW is the primary interest rate benchmark used in Australian...
China Securities Market Quality Report, 2018
Expert: M.J Aitken w/ S. Ji, Y. Lin, V. Mollica We provided expertise in the China Securities Market Quality Report, launched at the China Market Quality Cooperative Research Centre on April 21, 2018. It results from research collaboration between CMCRC, Macquarie...
NSW Energy, Final report from the Energy Security Taskforce, 2018
Expert: M.J. Aitken w/ J. Wong We provided expertise to Mary O’Kane AC, NSW Chief Scientist & Engineer and Chair of the Energy Security Taskforce with respect to NSW's management of energy security and resilience. The Task Force sought to assess the risks to and...
FMA v Mark Warminger, High Court of New Zealand, CIV-2015-404-001727 [2017] NZHC 1471
Expert: M.J. Aitken w/ S. Ji Mr Warminger was accused by the FMA of ten counts of market manipulation in breach of section 11B of the Securities Markets Act 1988 (SMA). Professor Michael Aitken provided an expert wtiness report and "authoritative, compelling and...
R v Curtis (No 3) [2016] NSWSC 866 Australia, 2016
Mr Curtis was accused of insider trading conspiracy by ASIC.
Public Prosecutor v Aeneas Capital Management & Ors (Dato Tan Mong Sing) , High Court Malaysia, No. D72-22-405-2008, 2016
Expert: M.J. Aitken w/ S. Ji Malaysia’s market regulator brought a civil lawsuit against eight foreign parties and two Malaysians over alleged manipulation, rigging and fraud of Iris Corp (IRIB.KL) shares. The commission accused the defendants of conspiring to...
Public Prosecutor v Aeneas Capital Management & Ors (Low Thiam Hock), High Court Malaysia, No. D72-22-405-2008, 2016
Expert: M.J. Aitken w/ S. Ji Malaysia’s market regulator brought a civil lawsuit against eight foreign parties and two Malaysians over alleged manipulation, rigging and fraud of Iris Corp (IRIB.KL) shares. The commission accused the defendants of conspiring to...
Public Prosecutor v Aeneas Capital Management & Ors (Low Thiam Hock), High Court Malaysia, No. D72-22-405-2008, 2016
Expert: S. Taylor Malaysia’s market regulator brought a civil lawsuit against eight foreign parties and two Malaysians over alleged manipulation, rigging and fraud of Iris Corp (IRIB.KL) shares. The commission accused the defendants of conspiring to manipulate the...
FMA v Milford Asset Management market manipulation, NZ, 2015
Expert: Expert: M. J. Aitken w/ S. Ji FMA investigated Milford's oversight of the trading of Mark Warminger between December 2013 and August 2014 and concluded that Milford, as the portfolio manager’s employer, engaged in market manipulation in breach of section 11B...
ASIC v Philip Vernon Brian King, Australia, 2015
Expert: M.J. Aitken We provided expertise leading to the enforcible undertaking accepted by ASIC from Mr King and Regal. Regal is an Australian fund manager that manages a variety of long-short equity funds, where Mr King acted as a director and Chief Investment...
Additional Engagements
Whitebox Trading Pty Limited and Anor ats Australian Securities and Investments Commission (“ASIC”), Federal Court of Australia Proceedings No. NSD383/2016
State One Stockbroking Limited, ASIC Market Disciplinary Panel, Matter No. 24372/11
Ipay Express Pty Ltd & Ors v Macquarie Equities Ltd market manipulation, Australia, 2015
Andrew Grant-Taylor v Babcock & Brown Limited in liquidation & Others disclosure, Australia, 2015
RinRim Pty Ltd v Deutsche Bank AG & Ors, 2015
Deputy Commissioner of Taxation v Chemical Trustee Limited, Federal Court of Australia, 2015
Yieldbroker surveillance for OTC interest rate securities and derivatives, Australia, 2014
FCA vs Da Vinci Invest, Mineworld & al. market manipulation, layering and orderbook manipulation, 2015, UK M.J. Aitken w/ S. Ji
DPP (WA) v Mansfield, Supreme Court of Western Australia – CIV 1997 of 2002, 2015
ASIC vs Rhinomed Ltd, 2015
Financial Services Council,Capital Market Structure Comparisons, 2014
Financial Markets Authority v Henry [2014] NZHC 1853
R v Joffe; R v Stromer [2015] NSWSC 741
R v Joffe; R v Stromer [2015] NSWSC 741
Inabu Pty Ltd v Leighton Holdings Limited event study, continuous disclosure, 2014 A. Frino
Modtech Engineering Pty Limited v GPT Management Holdings Limited event study, continuous disclosure, 2013
Financial Services Council FSC , Technology Impact on Capital Markets, A. Lepone, D. Wright V. Mollica 2013
Australian Pipelines Ltd v Hastings Management Ltd event study, 2012
Foresight Committee: Future of Computer in Financial Markets, High Frequency Trading – Assessing the Impact on Market Efficiency and Market Integrity, United Kingdom, March 2012. M.J. Aitken w/ S. Ji, A. Frino, D. Cummings, Sean Foley et al.,
Capital Markets Authority of Kuwait, Seminar on Market Surveillance 2012, Kuwait M.J. Aitken w/ S. Ji
Kirby v Centro Properties Limited &, event study, continuous disclosure, 2011
David Kenneth Michaels insider trading, 2011 M.J. Aitken w/ S. Ji
Rick Klusman market manipulation and front-running, 2011 M.J. Aitken w/ S. Ji
Lance Rosenberg v ASIC market manipulation, 2010, Australia
XQZT v ASIC – AAT proceeding 2009/3619 trade cancellation, 2010
ASIC, A Study of Abnormal Price Movements on the ASX for determining the positioning of Circuit Breakers. 2010 M.J. Aitken w/ S. Ji
Transmarket Trading Pty Ltd, Kestrel Trading Pty Limited and Biskra Aotearoa Limited v. Sydney Futures Exchange Limited event study, trade halt, 2009
Challenger Managed Investments Limited & Anor v Octaviar Limited & Ors, event study, exercising convertible notes, 2008
First Pacific Capital Underwriters v CCI Holdings Ltd valuation issues, 200
Andrew Taylor v Telstra Corporation Limited. Federal Court of Australia continuous disclosure, 2007
LSE and Plus Markets competition issues, settled out of court, 2007, United Kingdom
Chemeq Ltd v ASIC event study, breach of continuous disclosure, 2006
Richard James Frawley insider trading, 2004 M.J. Aitken
Adam Tomas and Leon Siakos v Macfutures Australia, Macfutures Limited 2004
Derbyshire, Le Marrec & Ors v Ord Minnett Ltd, Ord Minnet Management Ltd, performance Plus Funds Management Ltd In Liquiditation & Ors. 2003 Susquehanna Pacific Pty Ltd market manipulation, 2001
Rodney Stephen Adler market manipulation, 2002 M.J. Aitken
Nomura Securities market manipulation, 2001 M.J. Aitken
GIO v AMP alleged deceptive conduct
NAB v Idoport information technology, misappropriation
OAMPS v Porter valuation issues
Anderson v CSR & Anor. Dust and Diseases Tribunal event study, 2001
Simon Hannes insider trading, involving allegations that the defendant traded in derivatives prior to a market announcement of sensitive information, 2001 M.J. Aitken
Kenneth John Firns insider trading, 1999 M.J. Aitken
Peter Ness market manipulation, 1998 M.J. Aitken
Nomura Securities involving allegations of manipulation of the price of a market index, 1996 M.J. Aitken