WiseTech Global—Police and regulators raided offices over Richard White's share trading during blackout periods
Australian Federal Police and regulators executed search warrants at WiseTech offices regarding alleged trading by founder Richard White and three employees during late 2024 to early 2025. White reportedly sold $200M+ in shares without following proper processes, including during blackout periods when executives are prohibited from trading.
Scoring Impact
| Topic | Direction | Relevance | Contribution |
|---|---|---|---|
| Corporate Governance | -against | primary | -1.00 |
| Overall incident score = | -0.089 | ||
Score = avg(topic contributions) × significance (high ×1.5) × confidence (0.59)× agency (incidental ×0.1)
Evidence (1 signal)
Police and regulators raided offices over Richard White's share trading during blackout periods
Australian Federal Police and regulators executed search warrants at WiseTech offices regarding alleged trading by founder Richard White and three employees during late 2024 to early 2025. White reportedly sold $200M+ in shares without following proper processes, including during blackout periods when executives are prohibited from trading.