Kizon 'not guilty' of insider trading

Perth businessman John Kizon and his associate Nigel Mansfield have been acquitted of insider trading related to the Adult Shop in 2002.

Perth identity John Kizon

Perth businessman John Kizon has been found not guilty of insider trading over an online sex shop. (AAP)

Perth businessman John Kizon and his associate Nigel Mansfield have been found not guilty of insider trading related to an online sex shop.

The pair had been on trial in the Perth District Court for six weeks before a jury returned the not guilty verdict on Thursday.

They were accused of using information not publicly available to buy shares in the Adult Shop in 2002, but did not make any profit.


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Source: AAP


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