The Commonwealth Director of Public Prosecutions has lodged an appeal against a judge’s decision to acquit Perth businessman, John Kizon, and an associate, of insider trading charges.
Mr Kizon and Nigel Mansfield stood trial earlier this year, accused of using knowledge not publicly available to trade in millions of shares in two companies.
Mr Kizon was found not guilty of all charges by the judge at the end of the prosecution case.
Mr Mansfield was also acquitted by the judge of most of the charges against him … and a jury later found him not guilty on another four counts.
Mr Kizon’s lawyers were notified of the appeal on Friday, when documents were also lodged with WA’s Court of Appeal.